How Much Does a Market Underwriter Make in California?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Market Underwriter in California is $106,256. While Salary.com is seeing that Market Underwriter salary in CA can go up to $134,399 or down to $82,099, but most earn between $93,611 and $120,987. 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% $93,611 10% $82,099 90% $134,399 75% $120,987 $106,256 50%(Median)
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Similar Job Salaries to Market Underwriter by Company

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Company average base salary in (usd) range
HireGrowth LLC
Middle Market P&C Executive Underwriter
$87,387/yr
$79,043
$95,731
RANGE: $79,043 - $95,731
HireGrowth Executive Search Group
Middle Market P&C Executive Underwriter
$86,528/yr
$78,266
$94,790
RANGE: $78,266 - $94,790
Liberty Mutual
Executive Underwriter - Technology Lead, Middle Market
$106,643/yr
$97,859
$115,427
RANGE: $97,859 - $115,427
Lobel Financial
Underwriter
$88,250/yr
$80,708
$95,792
RANGE: $80,708 - $95,792
RealREPP
Underwriter
$76,745/yr
$69,417
$84,073
RANGE: $69,417 - $84,073
Beazley
Underwriter
$114,119/yr
$104,823
$123,415
RANGE: $104,823 - $123,415
Mission Loans, LLC
Underwriter
$88,451/yr
$80,892
$96,010
RANGE: $80,892 - $96,010

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Top 10 Highest Paying Cities For Market Underwriter Jobs in California

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Market Underwriter can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for Market Underwriter job salaries in California. Some cities can pay higher salaries for Market Underwriter jobs, which can indicate that there is a large demand for Market Underwriter positions in this city.
The following table shows top 10 cities where the Market Underwriter salary is higher than other cities in California. San Jose takes first place in this list, followed by Santa Clara, Fremont. The Market Underwriter salary is $121,505 in San Jose, which is higher than the national average. There are 76 cities' Market Underwriter salary higher than national average in California.
The average salary for a Market Underwriter in California is $106,256, but we found that the city with the highest salary for Market Underwriter jobs is San Jose, CA, and it is higher than Santa Clara. Market Underwriter jobs in San Jose can have the opportunity to earn higher salaries than in other cities in California.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
San Jose $121,505 $10,125 $2,337 $58
Santa Clara $121,505 $10,125 $2,337 $58
Fremont $121,274 $10,106 $2,332 $58
San Francisco $120,311 $10,026 $2,314 $58
Daly City $120,311 $10,026 $2,314 $58
Berkeley $117,642 $9,804 $2,262 $57
Oakland $117,642 $9,804 $2,262 $57
Hayward $117,450 $9,787 $2,259 $56
Antioch $110,995 $9,250 $2,135 $53
Vallejo $108,375 $9,031 $2,084 $52

What Does a Market Underwriter Do?

Underwriters play a critical role in many industries in the financial world, including the mortgage industry, insurance industry, equity markets, and some common types of debt security trading.
Updated November 16, 2021
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

Frequently Asked Questions About a Market Underwriter Salaries

What is the average of a Market Underwriter in California?

The Market Underwriter salary range is from $93,611 to $120,987, and the average Market Underwriter salary is $106,256/year in California. 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.