Underwriter Analyst Salaries in Michigan
How Much Does an Underwriter Analyst Make in Michigan?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Underwriter Analyst in Michigan is $52,507.
While Salary.com is seeing that Underwriter Analyst salary in MI can go up to $63,610
or down to $41,548, but most earn between $46,771 and $58,319.
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 |
|---|---|---|
|
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
|
|
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
|
|
Pacific Retail Capital Partners
Senior Underwriter/Analyst
|
$119,753/yr
|
RANGE: $108,176 - $131,330
|
|
Alera Group, Inc.
Financial Analyst - Underwriter
|
$87,647/yr
|
RANGE: $79,474 - $95,820
|
|
Paradigm Healthcare Services
Senior Financial Analyst and Underwriter
|
$93,363/yr
|
RANGE: $84,992 - $101,733
|
|
Ally Financial
Open Market Associate Underwriter
|
$73,464/yr
|
RANGE: $66,831 - $80,097
|
Top 10 Highest Paying Cities For Underwriter Analyst Jobs in Michigan
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 Michigan.
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 Michigan.
Ann Arbor takes first place in this list, followed by Canton, Novi.
The Underwriter Analyst salary is $53,600 in Ann Arbor,
which is higher than the national average. There are 6 cities' Underwriter Analyst salary higher than national average in Michigan.
The average salary for an Underwriter Analyst in Michigan is $52,507,
but we found that the city with the highest salary for Underwriter Analyst jobs is Ann Arbor, MI, and it is higher than Canton.
Underwriter Analyst 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 | $53,600 | $4,467 | $1,031 | $26 |
| Canton | $53,515 | $4,460 | $1,029 | $26 |
| Novi | $53,344 | $4,445 | $1,026 | $26 |
| Detroit | $53,323 | $4,444 | $1,025 | $26 |
| Warren | $53,323 | $4,444 | $1,025 | $26 |
| Dearborn | $53,323 | $4,444 | $1,025 | $26 |
| Dearborn Heights | $53,296 | $4,441 | $1,025 | $26 |
| Royal Oak | $53,264 | $4,439 | $1,024 | $26 |
| Westland | $53,248 | $4,437 | $1,024 | $26 |
| Taylor | $53,238 | $4,436 | $1,024 | $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 Michigan?
The Underwriter Analyst salary range is from $46,771 to $58,319, and the average Underwriter Analyst salary is $52,507/year in Michigan.
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.
