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Workers Comp Underwriting Manager Salary in the United States

How much does a Workers Comp Underwriting Manager make in the United States?

As of September 01, 2026, the average salary for a Workers Comp Underwriting Manager in the United States is $120,598 per year, which breaks down to an hourly rate of $58.

However, a Workers Comp Underwriting Manager's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $137,290
  • Majority Range (25th-75th percentile): $112,885 to $129,335
  • Entry-Level (10th percentile): $105,863
Salary Factors Salary-Boosting Skills Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Key Factors That Influence Workers Comp Underwriting Manager Salaries

A Workers Comp Underwriting Manager's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.

How Experience Level Affects Workers Comp Underwriting Manager Salaries?

Experience is a primary driver of a Workers Comp Underwriting Manager's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Entry-Level (less than 1 year): $133,825
  • Early Career (1-2 years): $104,805
  • Mid-Level (2-4 years): $119,956
  • Senior-Level (5-8 years): $163,498
  • Expert (over 8 years): $197,268
Levels Salary
Underwrit... Level Workers Comp Underwriting Manager$133,825
Underwrit... Level Workers Comp Underwriting Manager$104,805
Workers C... Level Workers Comp Underwriting Manager$119,956
Underwrit... Level Workers Comp Underwriting Manager$163,498
Underwrit... Level Workers Comp Underwriting Manager$197,268
View as Graph

How Do Workers Comp Underwriting Manager Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Workers Comp Underwriting Managers. For example, consider the average annual salaries in these key locations:
  • District of Columbia: $133,526.
  • California: $133,020.
  • Massachusetts: $131,247.

Top Paying Cities for Workers Comp Underwriting Managers

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $152,110
  • San Francisco: $150,445
  • Oakland: $147,274

What Skills Can Increase a Workers Comp Underwriting Manager's Salary?

Demanded Skills for the Role:

  • Leadership (Mentioned in 4.56% Job Postings): Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
  • Quality Control (Mentioned in 1.14% Job Postings): Developing and implementing a set of procedures intended to maintain the quality of a product and reduce any risks or errors.
  • Wholesale (Mentioned in 0.87% Job Postings): Buying and selling products in large quantities at a lower price to increase profitability through a high sales volume.
Skills Demand Percentage
Leadership 4.56%
Quality Control 1.14%
Wholesale 0.87%
See More Skills

What skills can make your compensation higher?

Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Workers Comp Underwriting Manager's salary.

  • Speech Clarity: Can increase your salary by up to 34%.
  • Credit Management: Can increase your salary by up to 15%.
  • Bankruptcy: Can increase your salary by up to 9%.
Skill Salary Salary % Increase
Speech Clarity $161,601
34%
Credit Management $138,688
15%
Bankruptcy $131,452
9%
Get Latest Data

Workers Comp Underwriting Manager Salary by Industry: Top Paying Sectors

For Workers Comp Underwriting Manager roles, the industry you choose can affect earning potential by as much as 90% (the gap between the highest and lowest paying industries). Data shows that the Insurance and Edu., Gov't. & Nonprofit sectors offer the strongest compensation, at 50% above the average. In contrast, Workers Comp Underwriting Manager positions in Retail & Wholesale or Business Services typically offer lower base pay, as these industries often view Workers Comp Underwriting Manager as a support function rather than a direct revenue driver.

The top paying industries for a Workers Comp Underwriting Manager

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Insurance$180,897$87.050%
Edu., Gov't. & Nonprofit$144,718$70.020%

How Education impacts a Workers Comp Underwriting Manager's Salary?

Your level of education can impact your salary potential. While many Workers Comp Underwriting Managers enter the field with a Bachelor's Degree degree, higher education can lead to more specialized and higher-paying roles.

According to our 100% employer-reported salary data, the median salary for a Workers Comp Underwriting Manager with a Bachelor's Degree is between $126,430 and $137,032).

Workers Comp Underwriting Manager Salaries by Degree Level

Typical Education for Workers Comp Underwriting Manager
Degree Level % of user with this level of education
No Diploma 0.5%
High School 12.7%
Associates 9.8%
Bachelors 51.2%
Masters 24.4%
Doctorate 1.5%
View as Graph

Workers Comp Underwriting Manager Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Workers Comp Underwriting Manager's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on September 01, 2026
$112,885
Average $120,598/year
$129,335
$9,407
Average $10,050/month
$10,778
$2,171
Average $2,319/week
$2,487
$54
Average $58/hour
$62
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $129,335 $10,778 $2,487 $62
Average $120,598 $10,050 $2,319 $58
25th Percentile $112,885 $9,407 $2,171 $54

Most common benefits for Workers Comp Underwriting Manager

  • Social Security
  • 401 (k)
  • Disability
  • Healthcare
  • Pension
  • Time Off (days)

Common company salaries for Workers Comp Underwriting Manager

Here are companies hiring for Workers Comp Underwriting Manager and their salaries, click below for more details.

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FAQ about Workers Comp Underwriting Manager

1. What industry pays the highest salary for Workers Comp Underwriting Manager?

The Insurance industry offers the highest average compensation for Workers Comp Underwriting Manager roles, with salaries approximately 50% above the market median.

Where Does Our Salary Data Come From?

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

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