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As of August 01, 2026, the average salary for an Entry Level Underwriter in Michigan is $58,377 per year, which breaks down to an hourly rate of $28.
However, an Entry Level Underwriter's salary can vary significantly. Here’s a look at the typical salary range:
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Entry Level Underwriter Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $64,294 | $5,358 | $1,236 | $31 |
| Average | $58,377 | $4,865 | $1,123 | $28 |
| 25th Percentile | $51,109 | $4,259 | $983 | $25 |
Auto-Owners Insurance - Lansing, MI
Eclipse Marketing Inc. - Dearborn, MI
Hibu - Kalamazoo, MI
ServiceMaster - Brighton, MI
An Entry Level 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.
Experience is a primary driver of an Entry Level 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:
| Levels | Salary |
|---|---|
| Entry Lev... Level Entry Level Underwriter | $58,882 |
| Underwrit... Level Entry Level Underwriter | $69,377 |
| Underwrit... Level Entry Level Underwriter | $90,190 |
| Underwrit... Level Entry Level Underwriter | $105,355 |
| Underwrit... Level Entry Level Underwriter | $129,824 |
What Am I Worth?
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 Entry Level Underwriters. For example, consider the average annual salaries in these key locations:
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:
For Entry Level Underwriter roles, the industry you choose can affect earning potential by as much as 100% (the gap between the highest and lowest paying industries). Data shows that the Insurance and Financial Services sectors offer the strongest compensation, at 50% above the average. In contrast, Entry Level Underwriter positions in Retail & Wholesale or Edu., Gov't. & Nonprofit typically offer lower base pay, as these industries often view Entry Level Underwriter as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Insurance | $87,566 | $42.0 | 50% |
| Financial Services | $70,053 | $34.0 | 20% |
| Healthcare | $64,215 | $31.0 | 10% |
Understanding how an Entry Level 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.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $64,294 | $5,358 | $1,236 | $31 |
| Average | $58,377 | $4,865 | $1,123 | $28 |
| 25th Percentile | $51,109 | $4,259 | $983 | $25 |
Ready to take the next step in your career? Browse thousands of current Entry Level Underwriter job openings on our job board. Use the search bar below to find your perfect match.
Kalitta Air LLC
Ypsilanti, MI
Kalitta Air LLC | Ypsilanti, MI
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UWM
Pontiac, MI
UWM | Pontiac, MI
Operations Team Opportunity. Wondering what kind of career awaits you at UWM. Our Operations team is a great fit for self-motivated individuals who are com... more
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Fish Window Cleaning
Traverse City, MI
Fish Window Cleaning | Traverse City, MI
Window Cleaner Position. The team at Fish Window Cleaning is growing. Our window cleaner position requires an outgoing, hard working individual who likes t... more
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The Virella Agency
Douglas, MI
The Virella Agency | Douglas, MI
Are you looking to start a career. Are you seeking a high five to six-figure income with unlimited growth potential. At Globe Life, we believe only you sho... more
8 Days Ago
Culver's (Vincennes)
Holland, MI
Culver's (Vincennes) | Holland, MI
Come join the Culver's Management Team. In our restaurants, teamwork is everything. When you join Culver's, you'll find yourself surrounded by a supportive... more
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