Market Underwriter Salaries in Michigan
How Much Does a Market Underwriter Make in Michigan?
Updated December 01, 2024
As of December 01, 2024,
the average annual pay of Market Underwriter in Michigan is $94,149.
While Salary.com is seeing that Market Underwriter salary in MI can go up to $119,069
or down to $72,758, but most earn between $82,952 and $107,193.
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
Commercial Middle Market Underwriter&Portfolio Manager
$121,647
Michigan
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 |
|---|---|---|
|
Zurich North America
Market Facing Underwriter, Middle Market
|
$83,111/yr
|
RANGE: $73,014 - $93,209
|
|
Umpqua Bank
Middle Market Underwriter, Sr
|
$105,626/yr
|
RANGE: $92,783 - $118,468
|
|
Umpqua Bank
Middle Market Underwriter
|
$97,906/yr
|
RANGE: $81,205 - $114,607
|
|
The Hartford
Middle Market Underwriter/Senior Underwriter- General Industries
|
$84,496/yr
|
RANGE: $73,737 - $95,255
|
|
Atain Insurance Companies
Associate Underwriter
|
$76,352/yr
|
RANGE: $66,017 - $86,687
|
|
TIH
Inside Underwriter
|
$75,114/yr
|
RANGE: $64,947 - $85,282
|
|
Zurich North America
Market Facing Underwriter, Middle Markets
|
$75,188/yr
|
RANGE: $66,053 - $84,323
|
|
Argonaut Management Services, Inc
Senior Underwriter, Middle Market Construction
|
$138,039/yr
|
RANGE: $115,391 - $160,687
|
|
Huntington Bank
Business Banking Underwriter IV
|
$102,725/yr
|
RANGE: $86,497 - $118,953
|
Top 10 Highest Paying Cities For Market Underwriter Jobs in Michigan
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 Michigan.
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 Michigan.
Ann Arbor takes first place in this list, followed by Canton, Novi.
The Market Underwriter salary is $97,869 in Ann Arbor,
which is higher than the national average. There are 18 cities' Market Underwriter salary higher than national average in Michigan.
The average salary for a Market Underwriter in Michigan is $94,149,
but we found that the city with the highest salary for Market Underwriter jobs is Ann Arbor, MI, and it is higher than Canton.
Market Underwriter jobs in Ann Arbor can have the opportunity to earn higher salaries than in other cities in Michigan.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Ann Arbor | $97,869 | $8,156 | $1,882 | $47 |
| Canton | $97,678 | $8,140 | $1,878 | $47 |
| Novi | $97,392 | $8,116 | $1,873 | $47 |
| Westland | $96,629 | $8,052 | $1,858 | $46 |
| West Bloomfield | $96,247 | $8,021 | $1,851 | $46 |
| Detroit | $96,152 | $8,013 | $1,849 | $46 |
| Warren | $96,152 | $8,013 | $1,849 | $46 |
| Dearborn | $96,152 | $8,013 | $1,849 | $46 |
| Waterford | $96,152 | $8,013 | $1,849 | $46 |
| Dearborn Heights | $96,056 | $8,005 | $1,847 | $46 |
What Does a Market Underwriter Do?
If you are thinking of becoming a Middle Market Underwriter or planning the next step in your career, find details about.
Updated October 24, 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
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Explore JobArchitectFrequently Asked Questions About a Market Underwriter Salaries
What is the average of a Market Underwriter in Michigan?
The Market Underwriter salary range is from $82,952 to $107,193, and the average Market Underwriter salary is $94,149/year in Michigan.
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 $119,713
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.
