How Much Does a Middle Market Underwriter Make?

Updated June 27, 2024
As of June 27, 2024, the average annual pay of Middle Market Underwriter in the United States is $94,247. While Salary.com is seeing that Middle Market Underwriter salary in the US can go up to $119,188 or down to $72,835, but most earn between $83,039 and $107,302. 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 Middle Market Underwriter
Commercial Middle Market Underwriter&Portfolio Manager
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Similar Job Salaries to Middle Market Underwriter by Company

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Company average base salary in (usd) range
Ohio Farmers Insurance Company
Middle Market Senior Underwriter
$142,304/yr
$115,804
$168,805
RANGE: $115,804 - $168,805
Westfield Insurance
Middle Market Senior Underwriter
$108,004/yr
$88,629
$127,379
RANGE: $88,629 - $127,379
The Hartford
P&C Middle Market Underwriter
$86,051/yr
$74,125
$97,977
RANGE: $74,125 - $97,977
Umpqua Bank
Senior Middle Market Underwriter
$121,692/yr
$100,839
$142,544
RANGE: $100,839 - $142,544
Argonaut Management Services, Inc
Senior Underwriter, Construction, Middle Market
$146,302/yr
$119,057
$173,547
RANGE: $119,057 - $173,547
Encova Insurance
Underwriter, Middle Market- Workers' Compensation
$87,380/yr
$75,299
$99,461
RANGE: $75,299 - $99,461
Encova Insurance
Underwriter, Middle Market- Package Lines
$87,380/yr
$75,299
$99,461
RANGE: $75,299 - $99,461

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 $83,039 to $107,302, and the average Middle Market Underwriter salary is $94,247/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 $118,280 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
$91,912 Yearly
A Middle Market Underwriter in Frisco, TX reported making $91,912 per year
Frisco, TX
100 - 200 employees
Full-Time
Company - Private
$96,084 Yearly
A Middle Market Underwriter in Vallejo, CA reported making $96,084 per year
Vallejo, CA
6 - 1,000 employees
Full-Time
Company - Private
$93,158 Yearly
A Middle Market Underwriter in Albany, GA reported making $93,158 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
$9,983 Monthly
A Middle Market Underwriter in Allentown, PA reported making $9,983 per month
Allentown, PA
1,000 - 3,000 employees
Full-Time
Company - Public