Underwriter Analyst Salaries in Minnesota
How Much Does an Underwriter Analyst Make in Minnesota?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Underwriter Analyst in Minnesota is $54,560.
While Salary.com is seeing that Underwriter Analyst salary in MN can go up to $66,097
or down to $43,172, but most earn between $48,599 and $60,599.
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 |
|---|---|---|
|
RealREPP
Underwriter
|
$72,512/yr
|
RANGE: $65,588 - $79,436
|
|
Burns & Wilcox
Associate Underwriter
|
$72,512/yr
|
RANGE: $65,588 - $79,436
|
|
Berkley
Associate Underwriter
|
$72,512/yr
|
RANGE: $65,588 - $79,436
|
|
Tokio Marine HCC – A&H Group
Senior Underwriter
|
$95,923/yr
|
RANGE: $87,072 - $104,773
|
|
SitusAMC
Analyst, CRE Underwriter
|
$76,692/yr
|
RANGE: $69,146 - $84,239
|
|
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
|
|
PAARC Consulting
Sr Compliance Analyst or Underwriter
|
$106,147/yr
|
RANGE: $97,125 - $115,168
|
|
Careers
Vice President, Chief Underwriter
|
$150,167/yr
|
RANGE: $135,324 - $165,011
|
Top 10 Highest Paying Cities For Underwriter Analyst Jobs in Minnesota
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 Minnesota.
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 Minnesota.
Minneapolis takes first place in this list, followed by Saint Paul, Minnetonka.
The Underwriter Analyst salary is $55,802 in Minneapolis,
which is higher than the national average. There are 7 cities' Underwriter Analyst salary higher than national average in Minnesota.
The average salary for an Underwriter Analyst in Minnesota is $54,560,
but we found that the city with the highest salary for Underwriter Analyst jobs is Minneapolis, MN, and it is higher than Saint Paul.
Underwriter Analyst 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 | $55,802 | $4,650 | $1,073 | $27 |
| Saint Paul | $55,802 | $4,650 | $1,073 | $27 |
| Minnetonka | $55,802 | $4,650 | $1,073 | $27 |
| Eden Prairie | $55,706 | $4,642 | $1,071 | $27 |
| Burnsville | $55,642 | $4,637 | $1,070 | $27 |
| Lakeville | $55,450 | $4,621 | $1,066 | $27 |
| Rochester | $53,451 | $4,454 | $1,028 | $26 |
| Saint Cloud | $52,598 | $4,383 | $1,011 | $25 |
| Duluth | $51,142 | $4,262 | $984 | $25 |
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 Minnesota?
The Underwriter Analyst salary range is from $48,599 to $60,599, and the average Underwriter Analyst salary is $54,560/year in Minnesota.
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.
