How Much Does a Market Underwriter Make in Philadelphia, PA?

Updated March 01, 2025
As of March 01, 2025, the average annual pay of Market Underwriter in Philadelphia, PA is $101,451. While Salary.com is seeing that Market Underwriter salary in Philadelphia, PA can go up to $128,310 or down to $78,396, but most earn between $89,383 and $115,510. 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% $89,383 10% $78,396 90% $128,310 75% $115,510 $101,451 50%(Median)
Related Job Titles to Market Underwriter
Middle Market Underwriter
$101,451
Philadelphia, PA
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Commercial Middle Market Underwriter&Portfolio Manager
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Similar Job Salaries to Market Underwriter by Company

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Company average base salary in (usd) range
Erie Insurance Group
Senior Middle Market Underwriter
$123,176/yr
$103,783
$142,568
RANGE: $103,783 - $142,568
LiveWell
Market Facing Underwriter III
$87,643/yr
$75,611
$99,675
RANGE: $75,611 - $99,675
Zurich North America
Market Facing Underwriter, Middle Markets
$84,283/yr
$74,043
$94,524
RANGE: $74,043 - $94,524
Berkshire Hathaway GUARD Insurance Companies
Underwriter - Commercial Lines - Multi-Line Middle Market
$77,759/yr
$67,232
$88,287
RANGE: $67,232 - $88,287
AMERILIFE US, LLC
Underwriter
$77,759/yr
$67,232
$88,287
RANGE: $67,232 - $88,287
Fintegra
Underwriter
$82,200/yr
$71,072
$93,329
RANGE: $71,072 - $93,329
Selective Insurance
Underwriter
$88,361/yr
$75,457
$101,265
RANGE: $75,457 - $101,265
Sompo
Experienced Underwriter, Middle Market
$91,046/yr
$78,546
$103,545
RANGE: $78,546 - $103,545
Sompo International Holdings Ltd.
Experienced Underwriter, Middle Market
$96,938/yr
$83,630
$110,247
RANGE: $83,630 - $110,247
Zurich North America
Market Facing Underwriter III
$78,928/yr
$68,092
$89,764
RANGE: $68,092 - $89,764

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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 Philadelphia, PA?

The Market Underwriter salary range is from $89,383 to $115,510, and the average Market Underwriter salary is $101,451/year in Philadelphia, PA. 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 $120,569 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.