How Much Does an Underwriter III Commercial make?

Underwriter III Commercial made a median salary around $92,746 in May, 2025. The best-paid 25 percent made $106,652 probably that year, while the lowest-paid 25 percent made around $82,552. 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.
Check out Underwriter III Commercial jobs in Nebraska

Small Business Underwriter

Great West Casualty Company - SIOUX CITY, IA

RN PER DIEM III

University of New Mexico - Hospitals - ALBUQUERQUE, NM

RN PER DIEM III

University of New Mexico - Hospitals - ALBUQUERQUE, NM

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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 Palisade , Benkelman , Haigler , Max , Parks .
Palisade, NE $97,541
Benkelman, NE $97,491
Haigler, NE $97,491
Max, NE $97,491
Parks, NE $97,491

Best-Paying States for Underwriter III Commercial

The states and districts that pay Underwriter III Commercial the highest salary are District of Columbia (around $109,000) , California (around $108,586) , Massachusetts (around $107,139) , Washington (around $106,745) , and New Jersey (around $106,706) .
District of Columbia $109,000
California $108,586
Massachusetts $107,139
Washington $106,745
New Jersey $106,706

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 Credit Underwriter .

Frequently Asked Questions for Underwriter III Commercial

Q: What is the salary range of Underwriter III Commercial in Nebraska?
A: In 2025 , the lowest-paid Underwriter III Commercial in Nebraska earned an average annual salary of $82,552 , while the highest-paid made $106,652.
Q: What is the salary for an Underwriter III Commercial in California?
A: Underwriter III Commercial employed in California earned an average salary of $108,586 in 2025.

Average Underwriter III Commercial Pay vs. Other Jobs

Underwriter III Commercial earned an average salary of $92,746 in 2025. Other jobs related to Underwriter III Commercial earned the following average salary in May, 2025. Underwriter III made $87,331 , Commercial Underwriter made $54,586 , Senior Commercial Underwriter and Commercial Credit Underwriter made $54,807 and $59,804 respectively .

Relevant Jobs of Underwriter III Commercial

Underwriter III - Average Salary $87,331
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 $54,586
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 $54,807
There is currently no job description for Senior Commercial Underwriter, be the first to submit the job responsibilities for Senior Commercial Underwriter.
Commercial Credit Underwriter - Average Salary $59,804
There is currently no job description for Commercial Credit Underwriter, be the first to submit the job responsibilities for Commercial Credit Underwriter.
Commercial Field Underwriter - Average Salary $90,972
There is currently no job description for Commercial Field Underwriter, be the first to submit the job responsibilities for Commercial Field Underwriter.