Development Underwriter Salaries in the United States

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How Much Does a Development Underwriter Make?

Updated June 27, 2024
As of June 27, 2024, the average annual pay of Development Underwriter in the United States is $62,260. While Salary.com is seeing that Development Underwriter salary in the US can go up to $68,557 or down to $41,397, but most earn between $51,340 and $65,556. 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.
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Related Job Titles to Development Underwriter
Underwriter
$96,084
US
Per Year
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Underwriter I
$61,481
US
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Underwriter II
$73,381
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Underwriter III
$95,026
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Similar Job Salaries to Development Underwriter by Company

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Company average base salary in (usd) range
SafetyCulture
Development Underwriter
$73,634/yr
$63,646
$83,622
RANGE: $63,646 - $83,622
SafetyCulture
Senior Business Development Underwriter
$102,194/yr
$89,624
$114,764
RANGE: $89,624 - $114,764
Berkley Aspire (a Berkley Company)
Business Development Underwriter
$97,451/yr
$83,782
$111,120
RANGE: $83,782 - $111,120
Great American Insurance Group
Underwriter Development Program - January 2025
$88,882/yr
$76,372
$101,393
RANGE: $76,372 - $101,393
Great American Insurance Company
Underwriter Development Program - January 2025
$88,882/yr
$76,372
$101,393
RANGE: $76,372 - $101,393
Hobson Associates
Business Development Underwriter - N. California
$120,553/yr
$103,741
$137,365
RANGE: $103,741 - $137,365
Appalachian Underwriters, Inc.
Underwriter
$87,361/yr
$74,890
$99,831
RANGE: $74,890 - $99,831
SageSure
Underwriter
$100,963/yr
$86,551
$115,375
RANGE: $86,551 - $115,375

What Does a Development Underwriter Do?

“We are thrilled to have been able to appoint Jon as senior development underwriter and are looking forward to seeing his Hope Capital journey unfold.
Updated December 19, 2021
Prior to that, Nordeen gained development and capital market experience through several roles in Chicago, including development manager for JDL Development, vice president of finance for Rezmar Corp., senior underwriter with Builders Bank and senior associate with PricewaterhouseCoopers.
Updated December 13, 2021
Specialist short-term lender Hope Capital has added to its underwriting team by appointing Jon Reed as senior development underwriter.
Updated December 11, 2021
The Arkansas Development Finance Authority (ADFA) is requesting proposals from investment banking firms to serve as senior underwriter for the financing of the Authority's Economic Development Revenue Bond Program.
Updated December 05, 2021
A highly regarded name in the market is seeking a Development Underwriter to join their successful underwriting team in the Midlands.
Updated November 25, 2021

Frequently Asked Questions About a Development Underwriter Salaries

What is the average of a Development Underwriter in the United States?

The Development Underwriter salary range is from $51,340 to $65,556, and the average Development Underwriter salary is $62,260/year in the United States. The Development Underwriter's salary will change in different locations.

Which location pays the highest Development Underwriter salary in the United States?

The Development Underwriter salary in San Jose, CA is $78,137 which is the highest in the US.

What kinds of reasons will influence the Development 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 Development Underwriter.

What is the growth rate of the Development Underwriter's salary?

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

Recent Salary Report

Below are the most recent Development Underwriter salary reports. Employer name has been removed to protect anonymity.

$31 Hourly
A Development Underwriter in Asheville, NC reported making $31 per hour
Asheville, NC
3,000 - 7,6 employees
Part-Time
Company - Public
$22 Hourly
A Development Underwriter in Warren, MI reported making $22 per hour
Warren, MI
7,6 - 15,000 employees
Part-Time
Company - Public
$50,278 Yearly
A Development Underwriter in New Orleans, LA reported making $50,278 per year
New Orleans, LA
200 - 6 employees
Full-Time
Company - Private
$55,587 Yearly
A Development Underwriter in Mount Pleasant, SC reported making $55,587 per year
Mount Pleasant, SC
100 - 200 employees
Full-Time
Company - Private
$56,800 Yearly
A Development Underwriter in Fitchburg, MA reported making $56,800 per year
Fitchburg, MA
6 - 1,000 employees
Full-Time
Company - Private
$4,152 Monthly
A Development Underwriter in Danbury, CT reported making $4,152 per month
Danbury, CT
1,000 - 3,000 employees
Full-Time
Company - Public
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