Underwriter Manager Salaries in Michigan
How Much Does an Underwriter Manager Make in Michigan?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Underwriter Manager in Michigan is $132,270.
While Salary.com is seeing that Underwriter Manager salary in MI can go up to $172,618
or down to $95,653, but most earn between $113,103 and $153,390.
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 Manager
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Similar Job Salaries to Underwriter Manager 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
|
|
MEMBER FIRST MORTGAGE LLC
Conventional Underwriter
|
$71,766/yr
|
RANGE: $65,048 - $78,485
|
|
PennyMac Financial Services, Inc.
UNDERWRITER MANAGER
|
$88,567/yr
|
RANGE: $81,272 - $95,863
|
|
Pennymac
UNDERWRITER MANAGER
|
$88,658/yr
|
RANGE: $81,355 - $95,961
|
|
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
|
|
Huntington Bank
SBA Underwriter III
|
$80,736/yr
|
RANGE: $73,066 - $88,406
|
Top 10 Highest Paying Cities For Underwriter Manager 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 Manager 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 Manager job salaries in Michigan.
Some cities can pay higher salaries for Underwriter Manager jobs, which can indicate that there is a large demand for Underwriter Manager positions in this city.
The following table shows top 10 cities where the Underwriter Manager salary is higher than other cities in Michigan.
Ann Arbor takes first place in this list, followed by Canton, Novi.
The Underwriter Manager salary is $135,023 in Ann Arbor,
which is higher than the national average. There are 6 cities' Underwriter Manager salary higher than national average in Michigan.
The average salary for an Underwriter Manager in Michigan is $132,270,
but we found that the city with the highest salary for Underwriter Manager jobs is Ann Arbor, MI, and it is higher than Canton.
Underwriter Manager 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 | $135,023 | $11,252 | $2,597 | $65 |
| Canton | $134,808 | $11,234 | $2,592 | $65 |
| Novi | $134,378 | $11,198 | $2,584 | $65 |
| Detroit | $134,325 | $11,194 | $2,583 | $65 |
| Warren | $134,325 | $11,194 | $2,583 | $65 |
| Dearborn | $134,325 | $11,194 | $2,583 | $65 |
| Dearborn Heights | $134,257 | $11,188 | $2,582 | $65 |
| Royal Oak | $134,177 | $11,181 | $2,580 | $65 |
| Westland | $134,137 | $11,178 | $2,580 | $64 |
| Taylor | $134,110 | $11,176 | $2,579 | $64 |
What Does an Underwriter Manager Do?
– 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
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 managers are team leaders, directing the activities of associate-level underwriters while supporting risk management and financial due diligence activities.
Updated November 06, 2021
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Explore JobArchitectFrequently Asked Questions About an Underwriter Manager Salaries
What is the average of an Underwriter Manager in Michigan?
The Underwriter Manager salary range is from $113,103 to $153,390, and the average Underwriter Manager salary is $132,270/year in Michigan.
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.
