How Much Does a Business Underwriter Make in Florida?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Business Underwriter in Florida is $57,455. While Salary.com is seeing that Business Underwriter salary in FL can go up to $66,053 or down to $41,022, but most earn between $48,853 and $61,956. 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
$60,064
Florida
Per Year
Business Loan Underwriter
$60,868
Florida
Per Year
Business Banking Underwriter
$58,990
Florida
Per Year
Underwriter IV
$101,390
Florida
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
Seacoast Bank
Senior Business Underwriter
$105,756/yr
$93,849
$117,664
RANGE: $93,849 - $117,664
Mphasis Corporation
Underwriter
$66,123/yr
$59,859
$72,388
RANGE: $59,859 - $72,388
Ascendo Resources
Underwriter
$78,293/yr
$71,605
$84,981
RANGE: $71,605 - $84,981
Slide
Underwriter
$65,667/yr
$59,397
$71,937
RANGE: $59,397 - $71,937
Insight Global
Underwriter
$65,667/yr
$59,397
$71,937
RANGE: $59,397 - $71,937
AF Group Careers Section
Senior Business Development Specialist - Commercial Trucking Insurance Underwriter
$106,793/yr
$97,804
$115,782
RANGE: $97,804 - $115,782
Zentech Consulting
Mortgage Underwriter
$76,458/yr
$69,205
$83,711
RANGE: $69,205 - $83,711
$63,478/yr
$57,511
$69,445
RANGE: $57,511 - $69,445
Core Specialty
Senior Underwriter
$86,868/yr
$78,853
$94,883
RANGE: $78,853 - $94,883
Opus Capital Markets Consultants, LLC
Commercial Underwriter
$63,789/yr
$57,469
$70,108
RANGE: $57,469 - $70,108

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Top 10 Highest Paying Cities For Business Underwriter Jobs in Florida

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 Florida. 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 Florida. Boca Raton takes first place in this list, followed by West Palm Beach, Coconut Creek. The Business Underwriter salary is $59,144 in Boca Raton, which is lower than the national average. There is 0 city's Business Underwriter salary higher than national average in Florida.
The average salary for a Business Underwriter in Florida is $57,455, but we found that the city with the highest salary for Business Underwriter jobs is Boca Raton, FL, and it is higher than West Palm Beach. Business Underwriter jobs in Boca Raton can have the opportunity to earn higher salaries than in other cities in Florida.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Boca Raton $59,144 $4,929 $1,137 $28
West Palm Beach $58,609 $4,884 $1,127 $28
Coconut Creek $58,378 $4,865 $1,123 $28
Fort Lauderdale $58,378 $4,865 $1,123 $28
Hollywood $58,378 $4,865 $1,123 $28
Miami $58,342 $4,862 $1,122 $28
Hialeah $58,051 $4,838 $1,116 $28
Pembroke Pines $57,978 $4,831 $1,115 $28
Sarasota $57,747 $4,812 $1,111 $28
Saint Petersburg $57,565 $4,797 $1,107 $28

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 Florida?

The Business Underwriter salary range is from $48,853 to $61,956, and the average Business Underwriter salary is $57,455/year in Florida. 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.