How Much Does a Business Underwriter Make in Alabama?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Business Underwriter in Alabama is $55,786. While Salary.com is seeing that Business Underwriter salary in AL can go up to $64,133 or down to $39,829, but most earn between $47,434 and $60,155. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, and your experience levels. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Related Job Titles to Business Underwriter
Small Business Underwriter
$58,318
Alabama
Per Year
Business Loan Underwriter
$59,099
Alabama
Per Year
Business Banking Underwriter
$57,276
Alabama
Per Year
Underwriter IV
$98,443
Alabama
Per Year
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Similar Job Salaries to Business Underwriter by Company

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Company average base salary in (usd) range
Amwins Global Risks
Underwriter
$91,038/yr
$82,804
$99,271
RANGE: $82,804 - $99,271
FOCUS
Underwriter I
$61,830/yr
$55,704
$67,956
RANGE: $55,704 - $67,956
Amwins Global Risks
Associate Underwriter
$63,131/yr
$57,103
$69,159
RANGE: $57,103 - $69,159
Luminous Financial LLC
Field Underwriter
$60,009/yr
$53,075
$66,943
RANGE: $53,075 - $66,943
MidFirst Bank - Default
Underwriter-Business Express
$74,438/yr
$68,080
$80,797
RANGE: $68,080 - $80,797
LMCU
Small Business Lending Underwriter
$87,119/yr
$79,213
$95,025
RANGE: $79,213 - $95,025
AmTrust Financial
Underwriter I - New Business
$82,319/yr
$74,697
$89,941
RANGE: $74,697 - $89,941
Berkley
Business Development Underwriter
$68,702/yr
$61,814
$75,590
RANGE: $61,814 - $75,590
Lake Michigan Credit Union
Small Business Lending Underwriter
$87,119/yr
$79,213
$95,025
RANGE: $79,213 - $95,025
Credit Union West
Small Business Underwriter
$87,255/yr
$77,888
$96,622
RANGE: $77,888 - $96,622

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Top 10 Highest Paying Cities For Business Underwriter Jobs in Alabama

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Business Underwriter can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for Business Underwriter job salaries in Alabama. Some cities can pay higher salaries for Business Underwriter jobs, which can indicate that there is a large demand for Business Underwriter positions in this city.
The following table shows top 10 cities where the Business Underwriter salary is higher than other cities in Alabama. Huntsville takes first place in this list, followed by Madison, Gadsden. The Business Underwriter salary is $58,779 in Huntsville, which is lower than the national average. There is 0 city's Business Underwriter salary higher than national average in Alabama.
The average salary for a Business Underwriter in Alabama is $55,786, but we found that the city with the highest salary for Business Underwriter jobs is Huntsville, AL, and it is higher than Madison. Business Underwriter jobs in Huntsville can have the opportunity to earn higher salaries than in other cities in Alabama.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Huntsville $58,779 $4,898 $1,130 $28
Madison $58,779 $4,898 $1,130 $28
Gadsden $57,194 $4,766 $1,100 $27
Tanner $56,945 $4,745 $1,095 $27
Decatur $56,690 $4,724 $1,090 $27
Birmingham $56,581 $4,715 $1,088 $27
Tuscaloosa $56,138 $4,678 $1,080 $27
Mobile $55,330 $4,611 $1,064 $27
Montgomery $53,909 $4,492 $1,037 $26
Prattville $53,909 $4,492 $1,037 $26

What Does a Business Underwriter Do?

In general, underwriters are tasked with determining the level of the risk involved in a transaction or other kind of business decision.
Updated December 15, 2021
The purpose of this position is to provide support to underwriter(s) in producing, servicing and analyzing risks of new and renewal business.
Updated December 03, 2021

Frequently Asked Questions About a Business Underwriter Salaries

What is the average of a Business Underwriter in Alabama?

The Business Underwriter salary range is from $47,434 to $60,155, and the average Business Underwriter salary is $55,786/year in Alabama. The Business Underwriter's salary will change in different locations.

Which location pays the highest Business Underwriter salary in the United States?

The Business Underwriter salary in San Jose, CA is $76,589 which is the highest in the US.

What kinds of reasons will influence the Business Underwriter's salary?

Besides the location, employees' education degree, related skills, and work experience also will influence the salary. Try to improve your skills and experience to get a higher salary for the position of Business Underwriter.

What is the growth rate of the Business Underwriter's salary?

If you are thinking of becoming a Business Underwriter or planning the next step in your career, find the detailed salary report of a Business Underwriter.