How Much Does a Business Underwriter Make in North Carolina?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Business Underwriter in North Carolina is $57,704. While Salary.com is seeing that Business Underwriter salary in NC can go up to $66,339 or down to $41,199, but most earn between $49,065 and $62,224. 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
$60,324
North Carolina
Per Year
Business Loan Underwriter
$61,132
North Carolina
Per Year
Business Banking Underwriter
$59,246
North Carolina
Per Year
Underwriter IV
$101,829
North Carolina
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
Selby Jennings
New Business Underwriter
$59,653/yr
$53,628
$65,677
RANGE: $53,628 - $65,677
Huntington National Bank
Business Banking Underwriter IV
$86,816/yr
$78,830
$94,802
RANGE: $78,830 - $94,802
Huntington Bank
Business Banking Underwriter IV
$83,591/yr
$75,902
$91,281
RANGE: $75,902 - $91,281
jencapinc
New Business Underwriter/Producer - P&C
$83,915/yr
$75,550
$92,280
RANGE: $75,550 - $92,280
Huntington Bank
Business Banking Underwriter IV - Practice Finance
$86,668/yr
$79,391
$93,945
RANGE: $79,391 - $93,945
CRC Group
Underwriter
$64,198/yr
$58,068
$70,328
RANGE: $58,068 - $70,328
James River Management Company
Underwriter - Senior Underwriter (Environmental)
$102,588/yr
$92,927
$112,250
RANGE: $92,927 - $112,250
Curi
Associate Underwriter
$68,015/yr
$61,521
$74,510
RANGE: $61,521 - $74,510
BITCO Insurance Companies
Assistant Underwriter
$63,324/yr
$57,282
$69,367
RANGE: $57,282 - $69,367
Burns & Wilcox
Associate Underwriter
$62,985/yr
$56,971
$69,000
RANGE: $56,971 - $69,000

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Top 10 Highest Paying Cities For Business Underwriter Jobs in North Carolina

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 North Carolina. 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 North Carolina. Raleigh takes first place in this list, followed by Cary, Durham. The Business Underwriter salary is $59,611 in Raleigh, which is lower than the national average. There is 0 city's Business Underwriter salary higher than national average in North Carolina.
The average salary for a Business Underwriter in North Carolina is $57,704, but we found that the city with the highest salary for Business Underwriter jobs is Raleigh, NC, and it is higher than Cary. Business Underwriter jobs in Raleigh can have the opportunity to earn higher salaries than in other cities in North Carolina.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Raleigh $59,611 $4,968 $1,146 $29
Cary $59,611 $4,968 $1,146 $29
Durham $59,192 $4,933 $1,138 $28
Greenville $59,186 $4,932 $1,138 $28
Rocky Mount $59,186 $4,932 $1,138 $28
Wilson $59,186 $4,932 $1,138 $28
Charlotte $58,688 $4,891 $1,129 $28
Gastonia $58,627 $4,886 $1,127 $28
Chapel Hill $58,439 $4,870 $1,124 $28
Hickory $58,075 $4,840 $1,117 $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 North Carolina?

The Business Underwriter salary range is from $49,065 to $62,224, and the average Business Underwriter salary is $57,704/year in North Carolina. 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.