How Much Does a Property Underwriter Make?

Updated March 01, 2025
As of March 01, 2025, the average annual pay of Property Underwriter in the United States is $73,571. While Salary.com is seeing that Property Underwriter salary in the US can go up to $93,085 or down to $57,031, but most earn between $64,914 and $83,786. 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 Property Underwriter
Facultative Property Underwriter
$52,857
US
Per Year
Property and Casualty Underwriter
$75,001
US
Per Year
Senior Property Underwriter
$119,836
US
Per Year
Property Casualty Insurance Underwriter IV
$104,500
US
Per Year
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Similar Job Salaries to Property Underwriter by Company

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Company average base salary in (usd) range
Welling Young, LLC.
Property Underwriter
$76,768/yr
$66,477
$87,059
RANGE: $66,477 - $87,059
Zurich North America
Property Underwriter
$73,628/yr
$65,011
$82,244
RANGE: $65,011 - $82,244
Markel Corporation
UNDERWRITER/ SENIOR UNDERWRITER, BROKERAGE PROPERTY
$101,748/yr
$85,462
$118,033
RANGE: $85,462 - $118,033
National Interstate Insurance Company
Associate Underwriter - Property & GL
$75,110/yr
$64,941
$85,279
RANGE: $64,941 - $85,279
Heffernan Insurance Brokers
Property & Casualty Underwriter
$83,624/yr
$73,838
$93,410
RANGE: $73,838 - $93,410
Berkshire Hathaway Specialty Insurance
Senior Property Underwriter
$101,247/yr
$86,454
$116,041
RANGE: $86,454 - $116,041
Allianz Global Risks US Insurance Compan
Executive Underwriter - Property
$116,932/yr
$96,659
$137,206
RANGE: $96,659 - $137,206
Ryan Specialty Group
Senior Property and Casualty Underwriter
$105,492/yr
$90,078
$120,906
RANGE: $90,078 - $120,906
Dellwood Insurance Group
Commercial Property Underwriter
$75,757/yr
$65,601
$85,912
RANGE: $65,601 - $85,912

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What Does a Property Underwriter Do?

A property underwriter helps determine coverage amounts and premiums on property that may include houses, land, boats, cars or other valuable property.
Updated November 29, 2021

Frequently Asked Questions About a Property Underwriter Salaries

What is the average of a Property Underwriter in the United States?

The Property Underwriter salary range is from $64,914 to $83,786, and the average Property Underwriter salary is $73,571/year in the United States. The Property Underwriter's salary will change in different locations.

Which location pays the highest Property Underwriter salary in the United States?

The Property Underwriter salary in San Jose, CA is $92,332 which is the highest in the US.

What kinds of reasons will influence the Property 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 Property Underwriter.

What is the growth rate of the Property Underwriter's salary?

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

Recent Salary Report

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

$34 Hourly
A Property Underwriter in Dundalk, MD reported making $34 per hour
Dundalk, MD
3,000 - 7,6 employees
Part-Time
Company - Public
$82,791 Yearly
A Property Underwriter in Indianapolis, IN reported making $82,791 per year
Indianapolis, IN
100 - 200 employees
Full-Time
Company - Private
$59,502 Yearly
A Property Underwriter in Mishawaka, IN reported making $59,502 per year
Mishawaka, IN
200 - 6 employees
Full-Time
Company - Private
$41 Hourly
A Property Underwriter in Cape Coral, FL reported making $41 per hour
Cape Coral, FL
7,6 - 15,000 employees
Part-Time
Company - Public
$4,898 Monthly
A Property Underwriter in Harrisburg, PA reported making $4,898 per month
Harrisburg, PA
1,000 - 3,000 employees
Full-Time
Company - Public
$73,932 Yearly
A Property Underwriter in Medford, OR reported making $73,932 per year
Medford, OR
6 - 1,000 employees
Full-Time
Company - Private