How Much Does a Market Underwriter Make?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Market Underwriter in the United States is $96,333. While Salary.com is seeing that Market Underwriter salary in the US can go up to $121,849 or down to $74,433, but most earn between $84,870 and $109,689. 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.
Related Job Titles to Market Underwriter
Middle Market Underwriter
$96,333
US
Per Year
Underwriter
$98,212
US
Per Year
Commercial Middle Market Underwriter&Portfolio Manager
$124,225
US
Per Year
Underwriter I
$62,846
US
Per Year
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Similar Job Salaries to Market Underwriter by Company

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Company average base salary in (usd) range
Berkley
Middle Market Underwriter
$107,217/yr
$90,175
$124,258
RANGE: $90,175 - $124,258
Ally Financial
Open Market Associate Underwriter
$86,565/yr
$73,921
$99,209
RANGE: $73,921 - $99,209
Sompo
Sr Underwriter - Middle Market
$102,320/yr
$87,069
$117,571
RANGE: $87,069 - $117,571
Starr Insurance
Underwriter, Middle Market Property
$82,178/yr
$70,892
$93,463
RANGE: $70,892 - $93,463
$111,210/yr
$93,533
$128,886
RANGE: $93,533 - $128,886
Umpqua Bank
Middle Market Underwriter, Sr
$138,082/yr
$113,418
$162,745
RANGE: $113,418 - $162,745
Zurich Insurance Company Ltd.
Senior Market Facing Underwriter
$99,461/yr
$84,812
$114,110
RANGE: $84,812 - $114,110

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What Does a Market Underwriter Do?

Using the current market value of the home, the underwriter will make sure it serves as ample collateral for the loan.
Updated December 21, 2021
Often, underwriters go on roadshows (called the dog and pony shows – lasting for 3 to 4 weeks) to market the shares to institutional investors and evaluate the demand for the shares.
Updated December 18, 2021
There aren’t insurance options in the market to cover this so the government is stepping up as a type of underwriter,” Stuart Nash said.
Updated December 14, 2021
In addition, the underwriter was generally expected to provide some type of secondary market liquidity for the CDO, especially its more senior tranches.
Updated December 06, 2021
This practice, which is typically justified as the reward for the underwriter for taking on the market risk, is occasionally criticized as unethical, such as the allegations that.
Updated December 02, 2021

Frequently Asked Questions About a Market Underwriter Salaries

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

The Market Underwriter salary range is from $84,870 to $109,689, and the average Market Underwriter salary is $96,333/year in the United States. The Market Underwriter's salary will change in different locations.

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

The Market Underwriter salary in San Jose, CA is $121,505 which is the highest in the US.

What kinds of reasons will influence the Market 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 Market Underwriter.

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

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

Recent Salary Report

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

$51 Hourly
A Market Underwriter in Olympia, WA reported making $51 per hour
Olympia, WA
3,000 - 7,6 employees
Part-Time
Company - Public
$7,325 Monthly
A Market Underwriter in Augusta, ME reported making $7,325 per month
Augusta, ME
1,000 - 3,000 employees
Full-Time
Company - Public
$39 Hourly
A Market Underwriter in Jacksonville, NC reported making $39 per hour
Jacksonville, NC
7,6 - 15,000 employees
Part-Time
Company - Public
$91,557 Yearly
A Market Underwriter in Mckinney, TX reported making $91,557 per year
Mckinney, TX
200 - 6 employees
Full-Time
Company - Private
$92,353 Yearly
A Market Underwriter in Olive Branch, MS reported making $92,353 per year
Olive Branch, MS
6 - 1,000 employees
Full-Time
Company - Private
$89,805 Yearly
A Market Underwriter in Houston, TX reported making $89,805 per year
Houston, TX
100 - 200 employees
Full-Time
Company - Private