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Underwriter III Commercial Salary in Fargo, ND

How Much Does an Underwriter III Commercial make?

Underwriter III Commercial made a median salary around $94,549 in April, 2025. The best-paid 25 percent made $108,725 probably that year, while the lowest-paid 25 percent made around $84,157. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
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Best-Paying Cities for Underwriter III Commercial

The metropolitan areas that pay the highest salary in the Underwriter III Commercial profession are Baldwin , Bismarck , Mandan , Menoken , Saint Anthony .
Baldwin, ND $97,672
Bismarck, ND $97,672
Mandan, ND $97,672
Menoken, ND $97,672
Saint Anthony, ND $96,690

Best-Paying States for Underwriter III Commercial

The states and districts that pay Underwriter III Commercial the highest salary are District of Columbia (around $108,741) , California (around $108,328) , Massachusetts (around $106,884) , Washington (around $106,491) , and New Jersey (around $106,452) .
District of Columbia $108,741
California $108,328
Massachusetts $106,884
Washington $106,491
New Jersey $106,452

What is the Career Path of Underwriter III Commercial?

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Underwriter III Commercial, the first career path typically starts with a Health Underwriting Manager position , and then progresses to Health Underwriting Director.

The second career path typically starts with a Life Underwriting Supervisor position , and then progresses to Life Underwriting Director.

The third career path typically starts with an Underwriter (P/C) IV position , and then progresses to Property Casualty Underwriting Director.

Additionally, the fourth career path typically starts with an Underwriter IV position , and then progresses to Chief Underwriting Officer.

Besides, Underwriter III Commercial can also turn to other related jobs, including Underwriter III , Commercial Underwriter , Senior Commercial Underwriter and Commercial Lines Underwriter .

Frequently Asked Questions for Underwriter III Commercial

Q: What is the salary range of Underwriter III Commercial in Fargo, ND?
A: In 2025 , the lowest-paid Underwriter III Commercial in Fargo, ND earned an average annual salary of $84,157 , while the highest-paid made $108,725.
Q: What is the salary for an Underwriter III Commercial in California?
A: Underwriter III Commercial employed in California earned an average salary of $108,328 in 2025.

Average Underwriter III Commercial Pay vs. Other Jobs

Underwriter III Commercial earned an average salary of $94,549 in 2025. Other jobs related to Underwriter III Commercial earned the following average salary in April, 2025. Underwriter III made $89,240 , Commercial Underwriter made $55,654 , Senior Commercial Underwriter and Commercial Lines Underwriter made $56,005 and $72,060 respectively .

Relevant Jobs of Underwriter III Commercial

Underwriter III - Average Salary $89,240
Reviews and analyzes risk characteristics on insurance applications, renewals, and change requests. Utilizes underwriting guidelines, rules, standards, and levels of authority to accept, reject, or mitigate risk for applications and determine appropriate premiums, limits, and coverages. Calculates renewal rates. Ensures that underwriting activities comply with all industry and governmental regulations. May coordinate with field agents to collect or clarify information or decisions. Typically requires a bachelor's degree or equivalent. Typically reports to a supervisor or manager. Work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. Typically requires 4-7 years of related experience.
Commercial Underwriter - Average Salary $55,654
There is currently no job description for Commercial Underwriter, be the first to submit the job responsibilities for Commercial Underwriter.
Senior Commercial Underwriter - Average Salary $56,005
There is currently no job description for Senior Commercial Underwriter, be the first to submit the job responsibilities for Senior Commercial Underwriter.
Commercial Lines Underwriter - Average Salary $72,060
Underwriting services are provided by some large financial institutions, such as banks, or insurance or investment houses, whereby they guarantee payment in case of damage or financial loss and accept the financial risk for liability arising from such guarantee. An underwriting arrangement may be created in a number of situations including insurance, issue of securities in a public offering, and bank lending, among others. The person or institution that agrees to sell a minimum number of securities of the company for commission is called the underwriter. The name derives from the Lloyd's of London insurance market. Financial bankers, who would accept some of the risk on a given venture (historically a sea voyage with associated risks of shipwreck) in exchange for a premium, would literally write their names under the risk information that was written on a Lloyd's slip created for this purpose.
Commercial Credit Underwriter - Average Salary $60,971
There is currently no job description for Commercial Credit Underwriter, be the first to submit the job responsibilities for Commercial Credit Underwriter.
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