Market Underwriter Salaries in Minnesota
How Much Does a Market Underwriter Make in Minnesota?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Market Underwriter in Minnesota is $98,578.
While Salary.com is seeing that Market Underwriter salary in MN can go up to $124,688
or down to $76,167, but most earn between $86,847 and $112,245.
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
$127,119
Minnesota
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 |
|---|---|---|
|
Intact Insurance Specialty Solutions
Senior Underwriter- Middle Market Package - Ocean Marine (Hybrid or Remote)
|
$110,629/yr
|
RANGE: $99,934 - $121,324
|
|
Intact Specialty Solutions
Senior Underwriter- Middle Market Package - Ocean Marine (Hybrid or Remote)
|
$110,629/yr
|
RANGE: $99,934 - $121,324
|
|
RealREPP
Underwriter
|
$72,512/yr
|
RANGE: $65,588 - $79,436
|
|
Ally Financial
Open Market Associate Underwriter
|
$73,464/yr
|
RANGE: $66,831 - $80,097
|
|
Berkley Southeast Insurance Group (a Berkley Company)
Middle Market Underwriter
|
$88,477/yr
|
RANGE: $80,620 - $96,334
|
|
Sentry
Middle Market Underwriter
|
$71,732/yr
|
RANGE: $64,967 - $78,496
|
|
Sompo
Experienced Underwriter, Middle Market
|
$80,748/yr
|
RANGE: $73,133 - $88,363
|
|
Berkley
Middle Market Underwriter
|
$89,738/yr
|
RANGE: $81,769 - $97,708
|
Top 10 Highest Paying Cities For Market Underwriter Jobs in Minnesota
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 Minnesota.
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 Minnesota.
Minneapolis takes first place in this list, followed by Saint Paul, Minnetonka.
The Market Underwriter salary is $100,822 in Minneapolis,
which is higher than the national average. There are 7 cities' Market Underwriter salary higher than national average in Minnesota.
The average salary for a Market Underwriter in Minnesota is $98,578,
but we found that the city with the highest salary for Market Underwriter jobs is Minneapolis, MN, and it is higher than Saint Paul.
Market Underwriter jobs in Minneapolis can have the opportunity to earn higher salaries than in other cities in Minnesota.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Minneapolis | $100,822 | $8,402 | $1,939 | $48 |
| Saint Paul | $100,822 | $8,402 | $1,939 | $48 |
| Minnetonka | $100,822 | $8,402 | $1,939 | $48 |
| Eden Prairie | $100,649 | $8,387 | $1,936 | $48 |
| Burnsville | $100,533 | $8,378 | $1,933 | $48 |
| Lakeville | $100,187 | $8,349 | $1,927 | $48 |
| Rochester | $96,574 | $8,048 | $1,857 | $46 |
| Saint Cloud | $95,033 | $7,919 | $1,828 | $46 |
| Duluth | $92,403 | $7,700 | $1,777 | $44 |
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
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Explore JobArchitectFrequently Asked Questions About a Market Underwriter Salaries
What is the average of a Market Underwriter in Minnesota?
The Market Underwriter salary range is from $86,847 to $112,245, and the average Market Underwriter salary is $98,578/year in Minnesota.
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.
