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Commercial Insurance Underwriter Salary in the United States

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

As of August 01, 2026, the average salary for a Commercial Insurance Underwriter in the United States is $131,792 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): $153,732
  • Majority Range (25th-75th percentile): $125,899 to $143,276
  • Entry-Level (10th percentile): $120,534
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View as table View as graph 25% $125,899 10% $120,534 90% $153,732 75% $143,276 $131,792 50%(Median) Didn’t find job title? Click

Commercial Insurance Underwriter Salaries by Percentile

Annual
Salary		 Monthly
Pay		 Weekly
Pay		 Hourly
Wage
75th Percentile $143,276 $11,940 $2,755 $69
Average $131,792 $10,983 $2,534 $63
25th Percentile $125,899 $10,492 $2,421 $61
Check out Commercial Insurance Underwriter Job Openings in the United States
Commercial Insurance Sales Agent

U Trust Insurance Agency LLC - Columbus, OH

Commercial Lines Insurance Account Manager

The Misch Group - Columbus, OH

Associate Vice President Internal Communications

Confidential - Columbus, OH

Vice President Credit Risk Strategy&Data Science

Confidential - Columbus, OH

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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): $91,841
  • Early Career (1-2 years): $107,284
  • Mid-Level (2-4 years): $132,201
  • Senior-Level (5-8 years): $103,524
  • Expert (over 8 years): $118,497
Levels Salary
Underwrit... Level Commercial Insurance Underwriter$91,841
Underwrit... Level Commercial Insurance Underwriter$107,284
Commercia... Level Commercial Insurance Underwriter$132,201
Underwrit... Level Commercial Insurance Underwriter$103,524
Underwrit... Level Commercial Insurance Underwriter$118,497
$91,841 0 yr
$107,284 < 2 yrs
$132,201 2-4 yrs
$103,524 5-8 yrs
$118,497 > 8 yrs
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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: $166,229
  • San Francisco: $164,409
  • Oakland: $160,944

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$158,150$76.020%
Insurance$144,971$70.010%
Healthcare$138,382$67.05%

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.

  • Hourly
  • Monthly
  • Weekly
  • Yearly
  • Table View
Last Updated on August 01, 2026
$125,899
Average $131,792/year
$143,276
$10,492
Average $10,983/month
$11,940
$2,421
Average $2,534/week
$2,755
$61
Average $63/hour
$69
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $143,276 $11,940 $2,755 $69
Average $131,792 $10,983 $2,534 $63
25th Percentile $125,899 $10,492 $2,421 $61

Salaries of jobs related to Commercial Insurance Underwriter

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

2022
$???
2023
$148,322
2024
$139,110
2025
$131,174
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)
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Common company salaries for Commercial Insurance Underwriter

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

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.

United States

  • KreilKamp Trucking

    Columbus, OH

    Regional Truck Driver Company

    KreilKamp Trucking | Columbus, OH

    Regional CDL A Drivers | NEW Grads Welcome | Earn $70,000+ Annually. We're proud to be a 4th generation family truck line, started in 1935, but even proude... more

    19 Days Ago

  • Confidential

    Columbus, OH

    Vice President Payments Engineering

    Confidential | Columbus, OH

    Vice President, Payments Engineering. About the Company. Globally-recognized provider of corporate payment solutions. Industry. Financial Services. Type. P... more

    21 Days Ago

  • Confidential

    Columbus, OH

    Senior Vice President of Project Delivery

    Confidential | Columbus, OH

    Senior Vice President of Project Delivery. About the Company. A multi-billion-dollar construction organization with collaborative, servant-minded leadershi... more

    21 Days Ago

  • Confidential

    Columbus, OH

    Chief of Staff

    Confidential | Columbus, OH

    Chief of Staff. About the Company. Innovative travel platform for booking & managing work trips. Industry. Computer Software. Type. Privately Held, VC-back... more

    21 Days Ago

  • McDonalds

    Columbus, OH

    McDonalds

    McDonalds | Columbus, OH

    McDonald’s is seeking Crew Team Members to assist with daily restaurant operations including customer service, food preparation, and maintaining restaurant... more

    28 Days Ago

  • Amazon Flex

    Columbus, OH

    Amazon Flex

    Amazon Flex | Columbus, OH

    Amazon Flex Delivery Drivers use their own vehicle to deliver Amazon packages to customers on scheduled delivery blocks. Drivers are responsible for pickin... more

    28 Days Ago

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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.)

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