How Much Does a Middle Market Underwriter Make?

Updated February 01, 2025
As of February 01, 2025, the average annual pay of Middle Market Underwriter in the United States is $95,845. While Salary.com is seeing that Middle Market Underwriter salary in the US can go up to $121,218 or down to $74,065, but most earn between $84,445 and $109,126. 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.
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Similar Job Salaries to Middle Market Underwriter by Company

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Company average base salary in (usd) range
Continental Casualty Company
Underwriter (Commercial Middle Market)
$74,254/yr
$67,236
$81,272
RANGE: $67,236 - $81,272
Erie Insurance Group
Senior Middle Market Underwriter
$122,876/yr
$103,532
$142,220
RANGE: $103,532 - $142,220
Sompo International Holdings Ltd.
Experienced Underwriter, Middle Market
$96,708/yr
$83,432
$109,983
RANGE: $83,432 - $109,983
Umpqua Bank
Middle Market Underwriter, Sr
$103,739/yr
$91,125
$116,352
RANGE: $91,125 - $116,352
The Hanover Insurance Group
Middle Market Sales Underwriter
$90,829/yr
$78,360
$103,298
RANGE: $78,360 - $103,298
The Hartford Financial Services Group, Inc.
P&C Middle Market Underwriter
$86,052/yr
$74,517
$97,588
RANGE: $74,517 - $97,588
Berkley
Middle Market Underwriter
$107,841/yr
$90,704
$124,978
RANGE: $90,704 - $124,978
HireGrowth LLC
Middle Market P&C Executive Underwriter
$94,665/yr
$81,975
$107,355
RANGE: $81,975 - $107,355
THE TRAVELERS INDEMNITY COMPANY
Middle Market Commercial Accounts - Underwriter
$89,174/yr
$72,472
$105,876
RANGE: $72,472 - $105,876

Open Middle Market Underwriter Jobs in the United States

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What Does a Middle Market Underwriter Do?

Risk management more important than ever to middle market firms, yet few turn to brokers for advice: Chubb report.
Updated December 22, 2021
Despite the 11% jump in prioritizing risk management, the data indicates middle market companies are “leaving a key risk management resource on the table.”.
Updated December 21, 2021
As a Commercial Middle Market Underwriter you will work to manage assigned agencies, select profitable risks and build a profitable portfolio of accounts.
Updated December 20, 2021
Middle Markets is a key business segment within Zurich and we are focused on attracting top customer advocates who possess a sales mindset, strong technical underwriting skills and solution focused problem solving abilities.
Updated December 20, 2021
Risk management has become a top concern for middle market companies surveyed following more than a year of pandemic and other related business disruption, data from Chubb has shown.
Updated December 19, 2021

Frequently Asked Questions About a Middle Market Underwriter Salaries

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

The Middle Market Underwriter salary range is from $84,445 to $109,126, and the average Middle Market Underwriter salary is $95,845/year in the United States. The Middle Market Underwriter's salary will change in different locations.

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

The Middle Market Underwriter salary in San Jose, CA is $120,286 which is the highest in the US.

What kinds of reasons will influence the Middle 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 Middle Market Underwriter.

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

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

Recent Salary Report

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

$39 Hourly
A Middle Market Underwriter in Madison, WI reported making $39 per hour
Madison, WI
7,6 - 15,000 employees
Part-Time
Company - Public
$93,470 Yearly
A Middle Market Underwriter in Frisco, TX reported making $93,470 per year
Frisco, TX
100 - 200 employees
Full-Time
Company - Private
$97,714 Yearly
A Middle Market Underwriter in Vallejo, CA reported making $97,714 per year
Vallejo, CA
6 - 1,000 employees
Full-Time
Company - Private
$94,737 Yearly
A Middle Market Underwriter in Albany, GA reported making $94,737 per year
Albany, GA
200 - 6 employees
Full-Time
Company - Private
$39 Hourly
A Middle Market Underwriter in Watertown, SD reported making $39 per hour
Watertown, SD
3,000 - 7,6 employees
Part-Time
Company - Public
$10,153 Monthly
A Middle Market Underwriter in Allentown, PA reported making $10,153 per month
Allentown, PA
1,000 - 3,000 employees
Full-Time
Company - Public