How Much Does an Underwriting Supervisor III make?

Underwriting Supervisor III made a median salary around $108,588 in March, 2025. The best-paid 25 percent made $127,488 probably that year, while the lowest-paid 25 percent made around $93,751. 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.
25% $93,751 10% $80,242 90% $144,695 75% $127,488 $108,588 50%(Median)
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Best-Paying Cities for Underwriting Supervisor III

The metropolitan areas that pay the highest salary in the Underwriting Supervisor III profession are Buffalo Center , Carpenter , Chester , Grafton , Joice .
Buffalo Center, IA $112,673
Carpenter, IA $112,673
Chester, IA $112,673
Grafton, IA $112,673
Joice, IA $112,673

Best-Paying States for Underwriting Supervisor III

The states and districts that pay Underwriting Supervisor III the highest salary are District of Columbia (around $126,289) , California (around $125,154) , New Jersey (around $124,360) , Alaska (around $123,566) , and Massachusetts (around $123,452) .
District of Columbia $126,289
California $125,154
New Jersey $124,360
Alaska $123,566
Massachusetts $123,452

What is the Career Path of Underwriting Supervisor III?

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 Underwriting Supervisor III, 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 Manager position , and then progresses to Life Underwriting Director.

The third career path typically starts with a Property Casualty Underwriting Manager position , and then progresses to Property Casualty Underwriting Director.

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

Besides, Underwriting Supervisor III can also turn to other related jobs, including Level III Underwriting Supervisor , Underwriting Operations Supervisor III , Underwriting Supervisor and Life Underwriting Supervisor .

Frequently Asked Questions for Underwriting Supervisor III

Q: What is the salary range of Underwriting Supervisor III in Iowa?
A: In 2025 , the lowest-paid Underwriting Supervisor III in Iowa earned an average annual salary of $93,751 , while the highest-paid made $127,488.
Q: What is the salary for an Underwriting Supervisor III in California?
A: Underwriting Supervisor III employed in California earned an average salary of $125,154 in 2025.

Average Underwriting Supervisor III Pay vs. Other Jobs

Underwriting Supervisor III earned an average salary of $108,588 in 2025. Other jobs related to Underwriting Supervisor III earned the following average salary in March, 2025. Level III Underwriting Supervisor made $108,588 , Underwriting Operations Supervisor III made $108,588 , Underwriting Supervisor and Life Underwriting Supervisor made $99,395 and $105,293 respectively .

Relevant Jobs of Underwriting Supervisor III

Level III Underwriting Supervisor - Average Salary $108,588
There is currently no job description for Level III Underwriting Supervisor, be the first to submit the job responsibilities for Level III Underwriting Supervisor.
Underwriting Operations Supervisor III - Average Salary $108,588
There is currently no job description for Underwriting Operations Supervisor III, be the first to submit the job responsibilities for Underwriting Operations Supervisor III.
Underwriting Supervisor - Average Salary $99,395
Oversees activities of the underwriting department. Provides supervision for a group of underwriters who review, analyze, and inspect insurance risk. Ensures compliance with all industry and governmental regulations. Follows established procedures regarding risk management, application and renewal, and acceptance and rejection. Develops underwriting team expertise with coaching, support and educational programs. Typically requires a bachelor's degree. Typically reports to a manager or head of a unit/department. Supervises a group of primarily para-professional level staffs. May also be a level above a supervisor within high volume administrative/ production environments. Makes day-to-day decisions within or for a group/small department. Has some authority for personnel actions. Typically requires 3-5 years experience in the related area as an individual contributor. Thorough knowledge of functional area and department processes.
Life Underwriting Supervisor - Average Salary $105,293
Supervises group of underwriters who review, analyze and inspect life insurance contracts. Accepts, modifies or declines a risk through evaluation of an individual's medical history or physical condition, occupational hazards, financial background, insurable interest and other information. Analyzes various rate plans utilizing the organization's claims history to determine the appropriate rate plan and benefits costs. Familiar with current legislative and compliance processes affecting life insurance. May evaluate reinstatements and changes in existing policies. May have designations or course work toward the CLU, FLMI, etc. Has a sound working knowledge of medical terminology. Requires a bachelor's degree. Typically reports to a manager or head of a unit/department. Supervises a small group of para-professional staff in an organization characterized by highly transactional or repetitive processes. Contributes to the development of processes and procedures. Thorough knowledge of functional area under supervision. Typically requires 3 years experience in the related area as an individual contributor.
Underwriting Operations Supervisor - Average Salary $99,400
The Underwriting Operations Supervisor provides supervision for a group of underwriters who review, analyze, and inspect insurance risk. Oversees activities of the underwriting department. Being an Underwriting Operations Supervisor follows established procedures regarding risk management, application and renewal, and acceptance and rejection. Ensures compliance with all industry and governmental regulations. In addition, Underwriting Operations Supervisor develops underwriting team expertise with coaching, support and educational programs. Typically requires a bachelor's degree. Typically reports to a manager or head of a unit/department. The Underwriting Operations Supervisor supervises a group of primarily para-professional level staffs. May also be a level above a supervisor within high volume administrative/ production environments. Makes day-to-day decisions within or for a group/small department. Has some authority for personnel actions. Working as an Underwriting Operations Supervisor typically requires 3-5 years experience in the related area as an individual contributor. Thorough knowledge of functional area and department processes.