Retail Underwriter Salaries in Michigan
How Much Does a Retail Underwriter Make in Michigan?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Retail Underwriter in Michigan is $94,869.
While Salary.com is seeing that Retail Underwriter salary in MI can go up to $119,997
or down to $73,301, but most earn between $83,580 and $108,022.
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 Retail Underwriter
Facing Salary Structure Challenges? Let Our Expert Guide You
The job market is increasingly challenging. Our whitepaper, Navigating the Challenges of Creating Salary Structures, offers guidance on creating salary structures. Provide your phone number and work email to download the full version.
We will handle your contact details in line with our Privacy Policy.
If you prefer not to receive marketing emails from Salary.com, you can opt-out out of marketing communications at any time by clicking unsubscribe.
Choose a prefer time
Choose Your Preferred Time
All times are listed as US Eastern time (Boston/New York)
-
9:00 AM-9:30 AM
-
9:30 AM-10:00 AM
-
10:00 AM-10:30 AM
-
10:30 AM-11:00 AM
-
11:00 AM-11:30 AM
-
11:30 AM-12:00 PM
-
12:00 PM-12:30 PM
-
12:30 PM-1:00 PM
-
1:00 PM-1:30 PM
-
1:30 PM-2:00 PM
-
2:00 PM-2:30 PM
-
2:30 PM-3:00 PM
-
3:00 PM-3:30 PM
-
3:30 PM-4:00 PM
-
4:00 PM-4:30 PM
-
4:30 PM-5:00 PM
-
5:00 PM-5:30 PM
-
5:30 PM-6:00 PM
-
6:00 PM-6:30 PM
-
6:30 PM-7:00 PM
-
7:00 PM-7:30 PM
-
7:30 PM-8:00 PM
Similar Job Salaries to Retail Underwriter by Company
Loading results...
| Company | average base salary in (usd) | range |
|---|---|---|
|
Illinois Facilities Fund
Senior Underwriter
|
$128,816/yr
|
RANGE: $115,804 - $141,828
|
|
Northern Mortgage Services
Underwriter II
|
$67,464/yr
|
RANGE: $61,073 - $73,855
|
|
Allied Insurance Managers Inc.
Assistant Underwriter
|
$64,523/yr
|
RANGE: $58,366 - $70,681
|
|
The Hartford
Retail Umbrella and Excess Underwriter
|
$65,972/yr
|
RANGE: $59,672 - $72,271
|
|
AIG
UNDERWRITER, ENVIRONMENTAL, RETAIL CASUALTY
|
$89,208/yr
|
RANGE: $81,238 - $97,178
|
|
Bangor Savings Bank
Retail Lending Underwriter III
|
$117,590/yr
|
RANGE: $105,377 - $129,803
|
|
Kish Bancorp
Retail Underwriter 1
|
$79,092/yr
|
RANGE: $72,092 - $86,092
|
|
Ally Financial
Open Market Associate Underwriter
|
$73,464/yr
|
RANGE: $66,831 - $80,097
|
|
Huntington National Bank
SBA Underwriter III
|
$84,496/yr
|
RANGE: $76,469 - $92,523
|
|
LMCU
Small Business Lending Underwriter
|
$87,119/yr
|
RANGE: $79,213 - $95,025
|
Top 10 Highest Paying Cities For Retail Underwriter Jobs in Michigan
It is important to understand how location impacts your career prospects in the United States.
There are some cities where a Retail 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 Retail Underwriter job salaries in Michigan.
Some cities can pay higher salaries for Retail Underwriter jobs, which can indicate that there is a large demand for Retail Underwriter positions in this city.
The following table shows top 10 cities where the Retail Underwriter salary is higher than other cities in Michigan.
Ann Arbor takes first place in this list, followed by Canton, Novi.
The Retail Underwriter salary is $96,844 in Ann Arbor,
which is higher than the national average. There are 6 cities' Retail Underwriter salary higher than national average in Michigan.
The average salary for a Retail Underwriter in Michigan is $94,869,
but we found that the city with the highest salary for Retail Underwriter jobs is Ann Arbor, MI, and it is higher than Canton.
Retail Underwriter jobs in Ann Arbor can have the opportunity to earn higher salaries than in other cities in Michigan.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Ann Arbor | $96,844 | $8,070 | $1,862 | $47 |
| Canton | $96,690 | $8,057 | $1,859 | $46 |
| Novi | $96,382 | $8,032 | $1,853 | $46 |
| Detroit | $96,343 | $8,029 | $1,853 | $46 |
| Warren | $96,343 | $8,029 | $1,853 | $46 |
| Dearborn | $96,343 | $8,029 | $1,853 | $46 |
| Dearborn Heights | $96,295 | $8,025 | $1,852 | $46 |
| Royal Oak | $96,237 | $8,020 | $1,851 | $46 |
| Westland | $96,208 | $8,017 | $1,850 | $46 |
| Taylor | $96,189 | $8,016 | $1,850 | $46 |
What Does a Retail Underwriter Do?
If you are a Conventional Underwriter with experience, please read on! We are looking for a Conventional or DE Underwriter to join our team! This is a 100% remote position working with Retail Underwr.
Updated December 13, 2021
For example, a broker-dealer that receives an institutional communication from a mutual fund underwriter is responsible for assuring that its associated persons do not forward the communication to retail investors.
Updated November 23, 2021
If you are a Retail Mortgage Underwriter with experience, please read on! This is an opening available due to growth at a faster rate compared to our competitors.
Updated October 07, 2021
Empower Your Talent Strategy with Salary.com's Skills Library.
Struggling with Managing Your Job Descriptions?
View Job Skills and Competency Data for more than 15,000 Job Titles, 18 Industries, and 26 Job Families.
Skills LibraryOur job description management tool- JobArchitect streamlines your job description process. Say goodbye to the hassle of crafting job descriptions.
Explore JobArchitectFrequently Asked Questions About a Retail Underwriter Salaries
What is the average of a Retail Underwriter in Michigan?
The Retail Underwriter salary range is from $83,580 to $108,022, and the average Retail Underwriter salary is $94,869/year in Michigan.
The Retail Underwriter's salary will change in different locations.
Which location pays the highest Retail Underwriter salary in the United States?
The Retail Underwriter salary in San Jose, CA is $121,505
which is the highest in the US.
What kinds of reasons will influence the Retail 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 Retail Underwriter.
What is the growth rate of the Retail Underwriter's salary?
If you are thinking of becoming a Retail Underwriter or planning the next step in your career, find the detailed salary report of a Retail Underwriter.
