How Much Does an Underwriter Manager Make?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Underwriter Manager in the United States is $134,311. While Salary.com is seeing that Underwriter Manager salary in the US can go up to $175,283 or down to $97,130, but most earn between $114,849 and $155,757. 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.
25% $114,849 10% $97,130 90% $175,283 75% $155,757 $134,311 50%(Median)
Related Job Titles to Underwriter Manager
Underwriter I
$60,526
US
Per Year
Underwriter II
$71,330
US
Per Year
Underwriter III
$92,698
US
Per Year
Underwriter IV
$107,155
US
Per Year
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Similar Job Salaries to Underwriter Manager by Company

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Company average base salary in (usd) range
PennyMac Financial Services, Inc.
UNDERWRITER MANAGER
$88,567/yr
$81,272
$95,863
RANGE: $81,272 - $95,863
Pennymac
UNDERWRITER MANAGER
$88,658/yr
$81,355
$95,961
RANGE: $81,355 - $95,961
C. Winchell Agency, Inc.
Casualty Underwriter Manager
$84,089/yr
$76,565
$91,613
RANGE: $76,565 - $91,613
JCW Group
Regional Surety Underwriter Manager
$84,334/yr
$76,788
$91,880
RANGE: $76,788 - $91,880
$75,266/yr
$68,521
$82,012
RANGE: $68,521 - $82,012
$67,579/yr
$61,126
$74,032
RANGE: $61,126 - $74,032
Beazley
Underwriter
$106,464/yr
$97,792
$115,137
RANGE: $97,792 - $115,137
axiscapital
Underwriter
$80,292/yr
$72,626
$87,959
RANGE: $72,626 - $87,959
Housemax Funding, LLC
UNDERWRITER
$69,863/yr
$63,245
$76,482
RANGE: $63,245 - $76,482
$73,558/yr
$66,534
$80,582
RANGE: $66,534 - $80,582

Open Underwriter Manager Jobs in the United States

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What Does an Underwriter Manager Do?

Many underwriting managers begin as underwriters and achieve a record of accomplishments and successful performance of their duties before taking on management duties.
Updated December 05, 2021
– Underwriting manager Bill Berthiaume explores his career change from underwriter to manager, examining the leadership aspects of the role and providing insights.
Updated November 14, 2021
Underwriting managers are team leaders, directing the activities of associate-level underwriters while supporting risk management and financial due diligence activities.
Updated November 06, 2021

Frequently Asked Questions About an Underwriter Manager Salaries

What is the average of an Underwriter Manager in the United States?

The Underwriter Manager salary range is from $114,849 to $155,757, and the average Underwriter Manager salary is $134,311/year in the United States. The Underwriter Manager's salary will change in different locations.

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

The Underwriter Manager salary in San Jose, CA is $169,407 which is the highest in the US.

What kinds of reasons will influence the Underwriter Manager'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 Manager.

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

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

Recent Salary Report

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

$68 Hourly
An Underwriter Manager in Jefferson City, MO reported making $68 per hour
Jefferson City, MO
7,6 - 15,000 employees
Part-Time
Company - Public
$153,678 Yearly
An Underwriter Manager in Biddeford, ME reported making $153,678 per year
Biddeford, ME
100 - 200 employees
Full-Time
Company - Private
$11,193 Monthly
An Underwriter Manager in Augusta, GA reported making $11,193 per month
Augusta, GA
1,000 - 3,000 employees
Full-Time
Company - Public
$64 Hourly
An Underwriter Manager in Farmington, MI reported making $64 per hour
Farmington, MI
3,000 - 7,6 employees
Part-Time
Company - Public
$144,324 Yearly
An Underwriter Manager in Hialeah, FL reported making $144,324 per year
Hialeah, FL
200 - 6 employees
Full-Time
Company - Private
$108,902 Yearly
An Underwriter Manager in Warwick, RI reported making $108,902 per year
Warwick, RI
6 - 1,000 employees
Full-Time
Company - Private