Underwriter Analyst Salaries in Maryland
How Much Does an Underwriter Analyst Make in Maryland?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Underwriter Analyst in Maryland is $54,976.
While Salary.com is seeing that Underwriter Analyst salary in MD can go up to $66,601
or down to $43,502, but most earn between $48,970 and $61,061.
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 Underwriter Analyst
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Similar Job Salaries to Underwriter Analyst by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
Temple View Capital LLC
Underwriter
|
$89,111/yr
|
RANGE: $81,495 - $96,727
|
|
ASCENDING Inc.
Mortgage Underwriter
|
$89,781/yr
|
RANGE: $81,264 - $98,298
|
|
RPS
Underwriter/Broker
|
$76,779/yr
|
RANGE: $69,538 - $84,019
|
|
Liberty Mutual Insurance
Senior Underwriter
|
$115,703/yr
|
RANGE: $104,806 - $126,600
|
|
Hamdan Resources
Credit Underwriter
|
$70,181/yr
|
RANGE: $63,047 - $77,314
|
|
United Educators
Senior Underwriter
|
$119,699/yr
|
RANGE: $108,127 - $131,271
|
|
NFM Lending
Senior Underwriter
|
$96,075/yr
|
RANGE: $87,300 - $104,850
|
|
SitusAMC
Analyst, CRE Underwriter
|
$76,692/yr
|
RANGE: $69,146 - $84,239
|
|
CEN
Senior Credit Analyst/Underwriter
|
$85,407/yr
|
RANGE: $77,453 - $93,361
|
Top 10 Highest Paying Cities For Underwriter Analyst Jobs in Maryland
It is important to understand how location impacts your career prospects in the United States.
There are some cities where an Underwriter Analyst can find a job easily with a greater salary paid then achieve a higher standard of living.
Below is the top cities list for Underwriter Analyst job salaries in Maryland.
Some cities can pay higher salaries for Underwriter Analyst jobs, which can indicate that there is a large demand for Underwriter Analyst positions in this city.
The following table shows top 10 cities where the Underwriter Analyst salary is higher than other cities in Maryland.
Silver Spring takes first place in this list, followed by Bethesda, Potomac.
The Underwriter Analyst salary is $59,033 in Silver Spring,
which is higher than the national average. There are 15 cities' Underwriter Analyst salary higher than national average in Maryland.
The average salary for an Underwriter Analyst in Maryland is $54,976,
but we found that the city with the highest salary for Underwriter Analyst jobs is Silver Spring, MD, and it is higher than Bethesda.
Underwriter Analyst jobs in Silver Spring can have the opportunity to earn higher salaries than in other cities in Maryland.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Silver Spring | $59,033 | $4,919 | $1,135 | $28 |
| Bethesda | $59,033 | $4,919 | $1,135 | $28 |
| Potomac | $58,996 | $4,916 | $1,135 | $28 |
| Rockville | $58,964 | $4,914 | $1,134 | $28 |
| Bowie | $58,910 | $4,909 | $1,133 | $28 |
| Waldorf | $58,873 | $4,906 | $1,132 | $28 |
| Gaithersburg | $58,873 | $4,906 | $1,132 | $28 |
| Germantown | $57,450 | $4,787 | $1,105 | $28 |
| Frederick | $57,146 | $4,762 | $1,099 | $27 |
| Baltimore | $54,976 | $4,581 | $1,057 | $26 |
What Does an Underwriter Analyst Do?
Underwriting analysts, also known as insurance underwriters, analyze and process paper and electronic applications for insurance companies.
Updated December 07, 2021
Underwriting analysts with at least two years of paid employment who have worked a minimum of 17.5 hours per week can pursue the chartered property casualty underwriter designation.
Updated November 18, 2021
Underwriting analysts present their decisions to senior underwriters for approval or subsequent review.
Updated November 02, 2021
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Explore JobArchitectFrequently Asked Questions About an Underwriter Analyst Salaries
What is the average of an Underwriter Analyst in Maryland?
The Underwriter Analyst salary range is from $48,970 to $61,061, and the average Underwriter Analyst salary is $54,976/year in Maryland.
The Underwriter Analyst's salary will change in different locations.
Which location pays the highest Underwriter Analyst salary in the United States?
The Underwriter Analyst salary in San Jose, CA is $67,249
which is the highest in the US.
What kinds of reasons will influence the Underwriter Analyst'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 Underwriter Analyst.
What is the growth rate of the Underwriter Analyst's salary?
If you are thinking of becoming an Underwriter Analyst or planning the next step in your career, find the detailed salary report of an Underwriter Analyst.
