How Much Does a Commercial Underwriting Manager Make in Maryland?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Commercial Underwriting Manager in Maryland is $138,488. While Salary.com is seeing that Commercial Underwriting Manager salary in MD can go up to $180,734 or down to $100,151, but most earn between $118,421 and $160,601. 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.
25% $118,421 10% $100,151 90% $180,734 75% $160,601 $138,488 50%(Median)
Related Job Titles to Commercial Underwriting Manager
Commercial Underwriting
$72,693
Maryland
Per Year
Underwriting Manager
$123,304
Maryland
Per Year
Commercial Underwriting Specialist
$85,174
Maryland
Per Year
Small Commercial Underwriting Technician
$55,881
Maryland
Per Year
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Similar Job Salaries to Commercial Underwriting Manager by Company

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Company average base salary in (usd) range
CNA Insurance
Underwriting Specialist(Commercial Construction P&C)
$71,438/yr
$64,617
$78,259
RANGE: $64,617 - $78,259
Chesapeake Search Partners
C&I Underwriting Portfolio Manager
$108,821/yr
$95,302
$122,341
RANGE: $95,302 - $122,341
First American
Commercial Underwriting Manager - Hybrid
$127,501/yr
$115,778
$139,225
RANGE: $115,778 - $139,225
Central Mutual Insurance Company
Commercial Lines Underwriting Manager
$100,351/yr
$91,787
$108,915
RANGE: $91,787 - $108,915
Golden 1 Talent Acquisition Team
Manager - Commercial Underwriting
$118,246/yr
$108,522
$127,971
RANGE: $108,522 - $127,971
First American
Commercial Underwriting Manager
$126,550/yr
$114,190
$138,911
RANGE: $114,190 - $138,911
FBL Financial Group, Inc.
Commercial Staff Underwriting Manager
$75,084/yr
$65,462
$84,706
RANGE: $65,462 - $84,706
Farm Bureau Financial Services
Commercial Staff Underwriting Manager
$113,804/yr
$105,198
$122,409
RANGE: $105,198 - $122,409
F.N.B. Corporation
Investment Real Estate Underwriting Portfolio Manager 2
$120,551/yr
$102,406
$138,696
RANGE: $102,406 - $138,696
First National Bank
Investment Real Estate Underwriting Portfolio Manager 2
$120,551/yr
$102,406
$138,696
RANGE: $102,406 - $138,696

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Top 10 Highest Paying Cities For Commercial Underwriting Manager Jobs in Maryland

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Commercial Underwriting Manager can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for Commercial Underwriting Manager job salaries in Maryland. Some cities can pay higher salaries for Commercial Underwriting Manager jobs, which can indicate that there is a large demand for Commercial Underwriting Manager positions in this city.
The following table shows top 10 cities where the Commercial Underwriting Manager salary is higher than other cities in Maryland. Silver Spring takes first place in this list, followed by Bethesda, Potomac. The Commercial Underwriting Manager salary is $148,709 in Silver Spring, which is higher than the national average. There are 15 cities' Commercial Underwriting Manager salary higher than national average in Maryland.
The average salary for a Commercial Underwriting Manager in Maryland is $138,488, but we found that the city with the highest salary for Commercial Underwriting Manager jobs is Silver Spring, MD, and it is higher than Bethesda. Commercial Underwriting Manager jobs in Silver Spring can have the opportunity to earn higher salaries than in other cities in Maryland.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Silver Spring $148,709 $12,392 $2,860 $71
Bethesda $148,709 $12,392 $2,860 $71
Potomac $148,615 $12,385 $2,858 $71
Rockville $148,535 $12,378 $2,856 $71
Bowie $148,400 $12,367 $2,854 $71
Waldorf $148,306 $12,359 $2,852 $71
Gaithersburg $148,306 $12,359 $2,852 $71
Germantown $144,720 $12,060 $2,783 $70
Frederick $143,955 $11,996 $2,768 $69
Baltimore $138,488 $11,541 $2,663 $67

What Does a Commercial Underwriting Manager Do?

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Frequently Asked Questions About a Commercial Underwriting Manager Salaries

What is the average of a Commercial Underwriting Manager in Maryland?

The Commercial Underwriting Manager salary range is from $118,421 to $160,601, and the average Commercial Underwriting Manager salary is $138,488/year in Maryland. The Commercial Underwriting Manager's salary will change in different locations.

Which location pays the highest Commercial Underwriting Manager salary in the United States?

The Commercial Underwriting Manager salary in San Jose, CA is $169,407 which is the highest in the US.

What kinds of reasons will influence the Commercial Underwriting Manager'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 Commercial Underwriting Manager.

What is the growth rate of the Commercial Underwriting Manager's salary?

If you are thinking of becoming a Commercial Underwriting Manager or planning the next step in your career, find the detailed salary report of a Commercial Underwriting Manager.