Business Underwriter Salaries in Maine
How Much Does a Business Underwriter Make in Maine?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Business Underwriter in Maine is $59,204.
While Salary.com is seeing that Business Underwriter salary in ME can go up to $68,063
or down to $42,270, but most earn between $50,340 and $63,841.
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
Facing Salary Structure Challenges? Let Our Expert Guide You
The job market is increasingly challenging. Our whitepaper, Navigating the Challenges of Creating Salary Structures, offers guidance on creating salary structures. Provide your phone number and work email to download the full version.
We will handle your contact details in line with our Privacy Policy.
If you prefer not to receive marketing emails from Salary.com, you can opt-out out of marketing communications at any time by clicking unsubscribe.
Choose a prefer time
Choose Your Preferred Time
All times are listed as US Eastern time (Boston/New York)
-
9:00 AM-9:30 AM
-
9:30 AM-10:00 AM
-
10:00 AM-10:30 AM
-
10:30 AM-11:00 AM
-
11:00 AM-11:30 AM
-
11:30 AM-12:00 PM
-
12:00 PM-12:30 PM
-
12:30 PM-1:00 PM
-
1:00 PM-1:30 PM
-
1:30 PM-2:00 PM
-
2:00 PM-2:30 PM
-
2:30 PM-3:00 PM
-
3:00 PM-3:30 PM
-
3:30 PM-4:00 PM
-
4:00 PM-4:30 PM
-
4:30 PM-5:00 PM
-
5:00 PM-5:30 PM
-
5:30 PM-6:00 PM
-
6:00 PM-6:30 PM
-
6:30 PM-7:00 PM
-
7:00 PM-7:30 PM
-
7:30 PM-8:00 PM
Similar Job Salaries to Business Underwriter by Company
Loading results...
| Company | average base salary in (usd) | range |
|---|---|---|
|
Acadia Insurance (a Berkley Company)
Underwriter
|
$69,741/yr
|
RANGE: $63,081 - $76,400
|
|
Diedre Moire Corp.
Insurance Underwriter
|
$67,746/yr
|
RANGE: $61,034 - $74,458
|
|
Bangor Savings Bank
Retail Lending Underwriter III
|
$117,590/yr
|
RANGE: $105,377 - $129,803
|
|
Zurich NA
Senior Technical Auto Underwriter
|
$96,170/yr
|
RANGE: $88,155 - $104,185
|
|
Kennebunk Savings
34 - Commercial Underwriter II
|
$89,223/yr
|
RANGE: $81,274 - $97,172
|
|
MidFirst Bank - Default
Underwriter-Business Express
|
$74,438/yr
|
RANGE: $68,080 - $80,797
|
|
LMCU
Small Business Lending Underwriter
|
$87,119/yr
|
RANGE: $79,213 - $95,025
|
|
Seacoast Bank
Senior Business Underwriter
|
$81,941/yr
|
RANGE: $74,253 - $89,629
|
Top 10 Highest Paying Cities For Business Underwriter Jobs in Maine
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 Maine.
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 Maine.
Portland takes first place in this list, followed by South Portland, Westbrook.
The Business Underwriter salary is $61,123 in Portland,
which is higher than the national average. There are 6 cities' Business Underwriter salary higher than national average in Maine.
The average salary for a Business Underwriter in Maine is $59,204,
but we found that the city with the highest salary for Business Underwriter jobs is Portland, ME, and it is higher than South Portland.
Business Underwriter jobs in Portland can have the opportunity to earn higher salaries than in other cities in Maine.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Portland | $61,123 | $5,094 | $1,175 | $29 |
| South Portland | $61,123 | $5,094 | $1,175 | $29 |
| Westbrook | $61,123 | $5,094 | $1,175 | $29 |
| Windham | $61,081 | $5,090 | $1,175 | $29 |
| Saco | $61,002 | $5,083 | $1,173 | $29 |
| Biddeford | $60,838 | $5,070 | $1,170 | $29 |
| Lewiston | $60,516 | $5,043 | $1,164 | $29 |
| Auburn | $60,516 | $5,043 | $1,164 | $29 |
| Augusta | $59,034 | $4,920 | $1,135 | $28 |
| Bangor | $58,166 | $4,847 | $1,119 | $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
Empower Your Talent Strategy with Salary.com's Skills Library.
Struggling with Managing Your Job Descriptions?
View Job Skills and Competency Data for more than 15,000 Job Titles, 18 Industries, and 26 Job Families.
Skills LibraryOur job description management tool- JobArchitect streamlines your job description process. Say goodbye to the hassle of crafting job descriptions.
Explore JobArchitectFrequently Asked Questions About a Business Underwriter Salaries
What is the average of a Business Underwriter in Maine?
The Business Underwriter salary range is from $50,340 to $63,841, and the average Business Underwriter salary is $59,204/year in Maine.
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.
