What are the main factors that influence a Commercial Insurance Underwriter's salary?

The primary factors are: 1) Experience Level, 2) Geographic Location, 3) Education/Skills, 4) Company Size & Industry

How does experience change A Commercial Insurance Underwriter's salary?

A Commercial Insurance Underwriter's salary grows with experience: an Underwriter III (4-7 years)earns $92,883, an Underwriter IV (7+ years)earns $107,280, an Commercial Insurance Underwriter (7-10 years)earns $132,194, an Underwriting Supervisor (10+ years)earns $103,538, an Underwriting Manager (10+ years)earns $122,790,

What are the highest paying states for a Commercial Insurance Underwriter?

Commercial Insurance Underwriter salary varies significantly by state. The top 3 highest paying states for Commercial Insurance Underwriter roles are District of Columbia $145,910, California $145,357, Massachusetts $143,419. These tech hubs typically pay 10-15% above the national average.

How much do different types of Commercial Insurance Underwriter roles make?

Salaries for Commercial Insurance Underwriter level roles vary by specialization: Insurance Underwriter V: $133,500; Insurance Underwriter IV: $108,300; Insurance Underwriter III: $93,800; Commercial Lines Underwriter: $74,822; Health Insurance Underwriter: $71,400.

How do different companies affect a Commercial Insurance Underwriter's salary?

Company size, industry, and compensation structure create significant salary variations for Commercial Insurance Underwriter roles. Large, established industry leaders like Kpmg Us LLP ($114,295) and Warner Bros Discovery ($114,096) offer base salaries 35-40% above the national average. In contrast, smaller firms or startups may offer closer to $88,138.

Commercial Insurance Underwriter Salary in the United States

How much does a Commercial Insurance Underwriter make in the United States?

As of October 01, 2026, the average salary for a Commercial Insurance Underwriter in the United States is $131,783 per year, which breaks down to an hourly rate of $63.

However, a Commercial Insurance Underwriter's salary can vary significantly. Here’s a look at the typical salary range:

Top Earners (90th percentile): $153,700
Majority Range (25th-75th percentile): $125,872 to $143,255
Entry-Level (10th percentile): $120,490

10% $120,490

50% (Median) $131,783

90% $153,700

Commercial Insurance Underwriter Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$143,255	$11,938	$2,755	$69
Average	$131,783	$10,982	$2,534	$63
25th Percentile	$125,872	$10,489	$2,421	$61

Salary Factors Salary-Boosting Skills Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

For HR & Compensation Team

What should I pay?

See how Salary.com helps teams price roles more accurately.

Benchmark Commercial Insurance Underwriter with confidence

Get deeper market data to support decisions.

Work Email

Phone No.

Choose a perfect time to talk with a compensation expert.

Book a Demo

Choose your preferred time

All times are listed as US Eastern time (Boston/New York)

By submitting, you consent to receiving communications from Salary.com. See our Privacy Policy and Terms of Use. Unsubscribe anytime.

Key Factors That Influence Commercial Insurance Underwriter Salaries

A Commercial Insurance Underwriter'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 and company size can directly affect your earning potential.

How Experience Level Affects Commercial Insurance Underwriter Salaries?

Experience is a primary driver of a Commercial Insurance Underwriter'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): $92,883
Early Career (1-2 years): $107,280
Mid-Level (2-4 years): $132,194
Senior-Level (5-8 years): $103,538
Expert (over 8 years): $122,790

Levels	Salary
Underwrit... Level Commercial Insurance Underwriter	$92,883
Underwrit... Level Commercial Insurance Underwriter	$107,280
Commercia... Level Commercial Insurance Underwriter	$132,194
Underwrit... Level Commercial Insurance Underwriter	$103,538
Underwrit... Level Commercial Insurance Underwriter	$122,790

View as Graph

How Do Commercial Insurance Underwriter 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 Commercial Insurance Underwriters. For example, consider the average annual salaries in these key locations:

District of Columbia: $145,910.
California: $145,357.
Massachusetts: $143,419.

District of Columbia $145,910 California $145,357 Massachusetts $143,419 Washington $142,892 New Jersey $142,840 Alaska $142,655 Connecticut $140,836 New York $140,099

Hawaii $137,740 Rhode Island $136,633 Maryland $135,881 Minnesota $134,854 Colorado $134,458 Illinois $134,326 Oregon $133,826 Delaware $133,457

New Hampshire $133,225 Virginia $132,705 Pennsylvania $131,190 Nevada $130,426 North Dakota $130,175 Michigan $129,780 Wisconsin $129,635 Vermont $129,345

Texas $128,541 Maine $128,488 Arizona $128,409 Ohio $128,317 Georgia $127,105 Indiana $126,499 Wyoming $126,380 Utah $126,195

Iowa $126,116 Kansas $125,484 Louisiana $125,299 North Carolina $125,233 Missouri $125,207 Florida $124,693 Montana $124,416 Nebraska $124,153

Kentucky $124,008 South Carolina $123,481 Tennessee $123,151 Idaho $123,019 New Mexico $122,057 Oklahoma $121,847 Alabama $121,069 South Dakota $119,764

Arkansas $119,053 West Virginia $118,671 Mississippi $117,524

Top Paying Cities for Commercial Insurance Underwriters

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: $166,218
San Francisco: $164,398
Oakland: $160,933

San Jose, CA $166,218

San Francisco, CA $164,398

Oakland, CA $160,933

New York, NY $151,734

Paramus, NJ $149,889

Queens Village, NY $149,882

Passaic, NJ $149,757

Bergenfield, NJ $149,745

Stamford, CT $149,455

Huntington, NY $149,401

Newark, NJ $148,427

Bridgeport, CT $148,149

Vallejo, CA $147,887

New Brunswick, NJ $147,834

Petaluma, CA $147,755

Middlesex, NJ $147,505

Somerset, NJ $147,412

Santa Cruz, CA $147,241

Boston, MA $146,437

Monterey, CA $145,975

Seattle, WA $145,673

Santa Rosa, CA $145,647

Los Angeles, CA $145,607

Juneau, AK $145,264

Washington, DC $145,119

Orange, CA $144,650

Santa Ana, CA $144,302

Long Beach, CA $144,171

Anaheim, CA $144,144

Anchorage, AK $144,078

Santa Maria, CA $143,683

Everett, WA $143,657

Danbury, CT $143,193

Bremerton, WA $143,011

Tacoma, WA $142,536

New Suffolk, NY $142,534

Sacramento, CA $142,497

Santa Barbara, CA $142,352

Trenton, NJ $142,207

San Diego, CA $142,207

Brockton, MA $142,062

Fairbanks, AK $141,739

Lompoc, CA $141,403

Lowell, MA $141,296

Ventura, CA $141,271

Nashua, NH $141,245

Stockton, CA $141,232

Modesto, CA $140,270

Poughkeepsie, NY $139,980

Olympia, WA $139,730

Kennewick, WA $139,730

New Haven, CT $139,677

Lawrence, MA $139,202

Hartford, CT $139,071

Riverside, CA $139,044

New Bedford, MA $138,912

Richland, WA $138,912

Bakersfield, CA $138,728

San Bernardino, CA $138,675

New Britain, CT $138,662

Atlantic City, NJ $138,662

New London, CT $138,609

Norwich, CT $138,570

Portsmouth, NH $138,543

Boulder, CO $138,264

Portland, OR $138,082

Worcester, MA $138,069

Minneapolis, MN $137,661

Philadelphia, PA $137,476

Honolulu, HI $137,041

Saint Paul, MN $136,978

Vineland, NJ $136,949

Providence, RI $136,567

Chicago, IL $136,185

Bellingham, WA $136,026

Springfield, MA $135,921

Baltimore, MD $135,881

Chico, CA $135,552

Pittsfield, MA $135,196

Manchester, NH $134,946

Spokane, WA $134,366

Denver, CO $134,353

Albany, NY $133,733

Troy, NY $133,681

Nassau, NY $133,540

Schenectady, NY $133,404

Wilmington, DE $133,299

Burlington, VT $133,114

Salem, OR $133,061

Portland, ME $132,653

Yakima, WA $132,521

Rochester, MN $132,112

Reno, NV $132,047

Fresno, CA $132,047

Milwaukee, WI $131,928

Detroit, MI $131,796

Ann Arbor, MI $131,774

Allentown, PA $131,757

Colorado Springs, CO $131,533

Syracuse, NY $131,467

Carson City, NV $131,467

Houston, TX $131,282

Eugene, OR $131,216

Gary, IN $131,058

Springfield, OR $130,953

Bismarck, ND $130,926

Galveston, TX $130,834

Medford, OR $130,636

Fort Collins, CO $130,584

Concord, NH $130,518

Austin, TX $130,478

Mesa, AZ $130,202

Reading, PA $130,188

Phoenix, AZ $130,175

Dallas, TX $130,136

Saint Cloud, MN $130,009

Madison, WI $129,833

Utica, NY $129,477

Rochester, NY $129,266

Des Moines, IA $129,253

Raleigh, NC $129,240

Atlanta, GA $129,042

Battle Creek, MI $129,002

Salt Lake City, UT $128,963

Lancaster, PA $128,765

Harrisburg, PA $128,581

Kansas City, MO $128,449

Champaign, IL $128,423

Kansas City, KS $128,423

Fort Worth, TX $128,409

Columbus, OH $128,387

Boca Raton, FL $128,357

Pittsburgh, PA $128,304

Richmond, VA $128,251

Indianapolis, IN $128,225

Cleveland, OH $128,212

Las Vegas, NV $128,054

Cincinnati, OH $128,054

Petersburg, VA $127,856

Huntsville, AL $127,658

Lansing, MI $127,570

Lebanon, PA $127,553

Pueblo, CO $127,540

Appleton, WI $127,500

Buffalo, NY $127,447

Dayton, OH $127,408

Racine, WI $127,381

Charlotte, NC $127,368

Saint Louis, MO $127,329

York, PA $127,250

Elkhart, IN $127,250

Gastonia, NC $127,225

Billings, MT $127,193

Beaumont, TX $127,157

Lorain, OH $127,131

Benton Harbor, MI $127,105

Toledo, OH $127,078

Binghamton, NY $127,012

Rock Hill, SC $126,999

Rockford, IL $126,933

Springfield, IL $126,881

Elyria, OH $126,867

Fargo, ND $126,867

Flagstaff, AZ $126,775

Fort Lauderdale, FL $126,696

Duluth, MN $126,617

Miami, FL $126,617

Cheyenne, WY $126,525

Grand Forks, ND $126,525

Bangor, ME $126,235

Cedar Rapids, IA $126,090

Durham, NC $126,035

Louisville, KY $126,024

Grand Rapids, MI $125,998

Hialeah, FL $125,985

Casper, WY $125,800

Scranton, PA $125,642

New Orleans, LA $125,602

Virginia Beach, VA $125,589

Akron, OH $125,523

Peoria, IL $125,352

Sarasota, FL $125,326

Nashville, TN $125,233

Omaha, NE $125,233

Green Bay, WI $125,233

Baton Rouge, LA $125,167

Charleston, SC $125,141

Jamestown, NY $125,075

Davenport, IA $125,075

Tucson, AZ $125,009

Saint Petersburg, FL $124,930

Tampa, FL $124,904

Evansville, IN $124,825

Port Arthur, TX $124,825

Bradenton, FL $124,772

Santa Fe, NM $124,535

Orlando, FL $124,298

Clearwater, FL $124,258

Canton, OH $123,981

La Crosse, WI $123,981

Albuquerque, NM $123,902

Newport News, VA $123,889

High Point, NC $123,850

Ogden, UT $123,797

Corpus Christi, TX $123,692

Norfolk, VA $123,612

Laramie, WY $123,612

Rock Island, IL $123,533

Saginaw, MI $123,507

Jacksonville, FL $123,494

Salisbury, NC $123,467

Boise, ID $123,441

Moline, IL $123,375

Fort Myers, FL $123,336

Memphis, TN $123,309

Tulsa, OK $123,243

Waterloo, IA $123,164

Spartanburg, SC $123,033

Lincoln, NE $122,967

Fort Wayne, IN $122,940

Provo, UT $122,927

Cedar Falls, IA $122,769

San Antonio, TX $122,716

Greensboro, NC $122,664

South Bend, IN $122,650

Savannah, GA $122,505

Muskegon, MI $122,453

Birmingham, AL $122,440

Winston Salem, NC $122,375

Lake Charles, LA $122,057

Anderson, IN $122,031

Lexington, KY $121,992

Augusta, GA $121,952

Greenville, SC $121,952

Lima, OH $121,847

Wichita, KS $121,833

Tuscaloosa, AL $121,833

Columbia, SC $121,715

Springfield, OH $121,688

Asheville, NC $121,478

Bloomington, IN $121,385

Knoxville, TN $120,911

Shreveport, LA $120,898

Wilmington, NC $120,726

Roanoke, VA $120,726

Topeka, KS $120,489

Frankfort, KY $120,475

Oklahoma City, OK $120,384

Chillicothe, OH $120,331

Longview, TX $120,318

Melbourne, FL $120,305

Sioux Falls, SD $120,094

Mobile, AL $120,081

Terre Haute, IN $120,028

Altoona, PA $119,949

Amarillo, TX $119,857

Killeen, TX $119,817

Fayetteville, AR $119,712

Chattanooga, TN $119,672

Sioux City, IA $119,554

Idaho Falls, ID $119,527

Lynchburg, VA $119,422

Gainesville, FL $119,250

Portsmouth, OH $119,185

Little Rock, AR $119,158

Lafayette, LA $119,105

Youngstown, OH $119,105

Daytona Beach, FL $119,026

Clarksville, TN $119,013

Pensacola, FL $119,000

Temple, TX $118,991

Hopkinsville, KY $118,605

Erie, PA $118,578

Florence, SC $118,526

Charleston, WV $118,315

Great Falls, MT $118,249

Macon, GA $118,064

Tallahassee, FL $118,051

Fayetteville, NC $118,025

Waco, TX $117,998

Helena, MT $117,906

Pine Bluff, AR $117,856

Vincennes, IN $117,695

Lubbock, TX $117,643

Alamogordo, NM $117,564

Twin Falls, ID $117,445

Rapid City, SD $117,405

Jackson, MS $117,168

Huntington, WV $117,159

Greenville, MS $117,155

Parkersburg, WV $117,021

Montgomery, AL $116,997

Wichita Falls, TX $116,865

Springfield, MO $116,865

Biloxi, MS $116,799

Monroe, LA $116,667

Johnstown, PA $116,575

Sumter, SC $116,523

Columbus, GA $116,509

Pascagoula, MS $116,259

Abilene, TX $116,259

Kingsport, TN $115,916

Albany, GA $115,916

Gulfport, MS $115,877

Alexandria, LA $115,442

Fort Smith, AR $115,112

El Paso, TX $114,757

Las Cruces, NM $114,164

Harlingen, TX $113,829

Pocatello, ID $113,808

Florence, AL $113,636

Brownsville, TX $113,610

Mcallen, TX $113,333

Dothan, AL $113,149

Columbus, MS $112,366

Altus, OK $111,752

Lawton, OK $111,502

Pierre, SD $111,027

Commercial Insurance Underwriter Salary by Industry: Top Paying Sectors

For Commercial Insurance Underwriter roles, the industry you choose can affect earning potential by as much as 40% (the gap between the highest and lowest paying industries). Data shows that the Financial Services and Insurance sectors offer the strongest compensation, at 20% above the average. In contrast, Commercial Insurance Underwriter positions in Retail & Wholesale or Edu., Gov't. & Nonprofit typically offer lower base pay, as these industries often view Commercial Insurance Underwriter as a support function rather than a direct revenue driver.

The top paying industries for a Commercial Insurance Underwriter

Industry Sector	Average Annual Salary	Average Hourly Rate	Pay vs.Avg
Financial Services	$158,140	$76.0	20%
Insurance	$144,961	$70.0	10%
Healthcare	$138,372	$67.0	5%

Commercial Insurance Underwriter Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Commercial Insurance Underwriter'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.

$125,872

Average $131,783/year

$143,255

$10,489

Average $10,982/month

$11,938

$2,421

Average $2,534/week

$2,755

$61

Average $63/hour

$69

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$143,255	$11,938	$2,755	$69
Average	$131,783	$10,982	$2,534	$63
25th Percentile	$125,872	$10,489	$2,421	$61

Salary Trends for Commercial Insurance Underwriter

Salaries for a Commercial Insurance Underwriter can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $148,322 in 2023 to around $131,174 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Commercial Insurance Underwriter salary trends, .

Average Annual Salary of Commercial Insurance Underwriter Over Time

$???
$148,322
$139,110
$131,174
$???
$???

2022
2023
2024
2025
2026
2027

Year	Average Annual Salary
2022	View More
2023	$148,322
2024	$139,110
2025	$131,174
2026	View More
2027	View More

Most common benefits for Commercial Insurance Underwriter

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

Common company salaries for Commercial Insurance Underwriter

Here are companies hiring for Commercial Insurance Underwriter and their salaries, click below for more details.

K $114,295/per year

Kpmg Us LLP Business Services the United States

W $114,096/per year

Warner Bros Discovery Business Services the United States

D $111,927/per year

Dentsu International Ltd Business Services the United States

G $111,873/per year

GroupM Worldwide Inc Business Services the United States

C $111,651/per year

CoWorx Staffing Business Services the United States

C $110,194/per year

Contemporary Services Corp Business Services the United States

S $107,128/per year

Showcase Cinemas Business Services the United States

A $106,429/per year

Amentum Services Inc Business Services the United States

A $106,199/per year

Allied Universal Security Services LLC Business Services the United States

S $106,104/per year

Sodexo USA Business Services the United States

J $105,192/per year

JLL Technologies Business Services the United States

I $104,478/per year

Intact Insurance Group USA LLC Business Services the United States

N $101,619/per year

NielsenIQ Business Services the United States

T $101,470/per year

The Leading Edge Alliance Business Services the United States

H $101,308/per year

Honeywell UOP Business Services the United States

R $97,720/per year

Reeve & Associates Business Services the United States

M $97,584/per year

ManpowerGroup Global Inc Business Services the United States

F $95,980/per year

Financial Sys Nco Business Services the United States

A $95,314/per year

Arrow Global Ltd Business Services the United States

C $94,777/per year

CarMax Enterprise Services LLC Business Services the United States

D $94,479/per year

DZConneX Business Services the United States

A $93,802/per year

Adecco Staffing, USA Business Services the United States

R $92,937/per year

Resource MFG Business Services the United States

Z $92,774/per year

Zachry Brands Inc Business Services the United States

G $88,138/per year

Greystar Worldwide LLC Business Services the United States

Find Your Next Commercial Insurance Underwriter Job

Ready to take the next step in your career? Browse thousands of current Commercial Insurance Underwriter job openings on our job board. Use the search bar below to find your perfect match.

For Employees

Analyze the market and your qualifications to negotiate your salary with confidence.

Get a Salary Increase

Search thousands of open positions to find your next opportunity.

Search Job Openings

For Employers

Individualize employee pay based on unique job requirements and personal qualifications.

Adjust Employee Salary

Get the latest market price for benchmark jobs and jobs in your industry.

Price My Industry Jobs

FAQ about Commercial Insurance Underwriter

1. What industry pays the highest salary for Commercial Insurance Underwriter?

The Financial Services industry offers the highest average compensation for Commercial Insurance Underwriter roles, with salaries approximately 20% 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.

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

Detailed skills and competency reports for specific positions
Job and employee pricing reports
Compensation data tools, salary structures, surveys and benchmarks.

Learn about

Salary Search

Salary Calculator Tools

Know Your Worth

Advance at Work

Explore Career Path

Land Your Next Role

Software + AI

Data

Survey Catalogue

Commercial Insurance Underwriter Salary in the United States

How much does a Commercial Insurance Underwriter make in the United States?

Key Factors That Influence Commercial Insurance Underwriter Salaries

How Experience Level Affects Commercial Insurance Underwriter Salaries?

How Do Commercial Insurance Underwriter Salaries Vary from State to State?

Top Paying Cities for Commercial Insurance Underwriters

Commercial Insurance Underwriter Salary by Industry: Top Paying Sectors

The top paying industries for a Commercial Insurance Underwriter

Commercial Insurance Underwriter Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Salary Trends for Commercial Insurance Underwriter

Average Annual Salary of Commercial Insurance Underwriter Over Time

Most common benefits for Commercial Insurance Underwriter

Common company salaries for Commercial Insurance Underwriter

Find Your Next Commercial Insurance Underwriter Job

For Employees

For Employers

FAQ about Commercial Insurance Underwriter

1. What industry pays the highest salary for Commercial Insurance Underwriter?

Where Does Our Salary Data Come From?

Are you an HR manager or compensation specialist?

Commercial Insurance Underwriter Salary in the United States

How much does a Commercial Insurance Underwriter make in the United States?

Key Factors That Influence Commercial Insurance Underwriter Salaries

How Experience Level Affects Commercial Insurance Underwriter Salaries?

How Do Commercial Insurance Underwriter Salaries Vary from State to State?

Top Paying Cities for Commercial Insurance Underwriters

Commercial Insurance Underwriter Salary by Industry: Top Paying Sectors

The top paying industries for a Commercial Insurance Underwriter

Commercial Insurance Underwriter Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Salaries of Jobs related to Commercial Insurance Underwriter

Salary Trends for Commercial Insurance Underwriter

Average Annual Salary of Commercial Insurance Underwriter Over Time

Most common benefits for Commercial Insurance Underwriter

Common company salaries for Commercial Insurance Underwriter

Find Your Next Commercial Insurance Underwriter Job

For Employees

For Employers

FAQ about Commercial Insurance Underwriter

1. What industry pays the highest salary for Commercial Insurance Underwriter?

Where Does Our Salary Data Come From?

Are you an HR manager or compensation specialist?