Middle Market Underwriter Salaries in Minnesota
How Much Does a Middle Market Underwriter Make in Minnesota?
Updated March 01, 2025
As of March 01, 2025,
the average annual pay of Middle Market Underwriter in Minnesota is $98,281.
While Salary.com is seeing that Middle Market Underwriter salary in MN can go up to $124,300
or down to $75,947, but most earn between $86,590 and $111,900.
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
$127,055
Minnesota
Per Year
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Similar Job Salaries to Middle Market Underwriter by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
Liberty Mutual Insurance
Executive Underwriter, Middle Market Construction
|
$103,580/yr
|
RANGE: $88,147 - $119,014
|
|
Sompo
Sr. Underwriter, Middle Market
|
$96,356/yr
|
RANGE: $81,999 - $110,713
|
|
Zurich Insurance Company Ltd.
Middle Market Underwriter Role
|
$107,740/yr
|
RANGE: $91,605 - $123,874
|
|
Zurich Insurance Company Ltd.
Underwriter - Middle Market Opportunities
|
$76,513/yr
|
RANGE: $66,154 - $86,871
|
|
Umpqua Bank
Middle Market Underwriter, Sr
|
$106,402/yr
|
RANGE: $93,465 - $119,340
|
|
Umpqua Bank
Middle Market Underwriter
|
$98,395/yr
|
RANGE: $81,613 - $115,176
|
|
Sompo
Experienced Underwriter, Middle Market
|
$93,287/yr
|
RANGE: $80,479 - $106,094
|
|
Zurich Insurance Company Ltd.
Middle Market Underwriter
|
$88,888/yr
|
RANGE: $76,685 - $101,091
|
|
Zurich North America
Market Facing Underwriter, Middle Market
|
$83,725/yr
|
RANGE: $73,552 - $93,898
|
Top 10 Highest Paying Cities For Middle 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 Middle 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 Middle Market Underwriter job salaries in Minnesota.
Some cities can pay higher salaries for Middle Market Underwriter jobs, which can indicate that there is a large demand for Middle Market Underwriter positions in this city.
The following table shows top 10 cities where the Middle Market Underwriter salary is higher than other cities in Minnesota.
Minneapolis takes first place in this list, followed by Saint Paul, Minnetonka.
The Middle Market Underwriter salary is $101,932 in Minneapolis,
which is higher than the national average. There are 7 cities' Middle Market Underwriter salary higher than national average in Minnesota.
The average salary for a Middle Market Underwriter in Minnesota is $98,281,
but we found that the city with the highest salary for Middle Market Underwriter jobs is Minneapolis, MN, and it is higher than Saint Paul.
Middle 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 | $101,932 | $8,494 | $1,960 | $49 |
| Saint Paul | $101,932 | $8,494 | $1,960 | $49 |
| Minnetonka | $101,932 | $8,494 | $1,960 | $49 |
| Eden Prairie | $101,739 | $8,478 | $1,957 | $49 |
| Burnsville | $101,643 | $8,470 | $1,955 | $49 |
| Lakeville | $101,259 | $8,438 | $1,947 | $49 |
| Rochester | $96,359 | $8,030 | $1,853 | $46 |
| Saint Cloud | $94,726 | $7,894 | $1,822 | $46 |
| Duluth | $92,805 | $7,734 | $1,785 | $45 |
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
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Explore JobArchitectFrequently Asked Questions About a Middle Market Underwriter Salaries
What is the average of a Middle Market Underwriter in Minnesota?
The Middle Market Underwriter salary range is from $86,590 to $111,900, and the average Middle Market Underwriter salary is $98,281/year in Minnesota.
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 $120,569
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.
