How Much Does an Underwriter Manager Make in Rochester, MN?

Updated March 01, 2025
As of March 01, 2025, the average annual pay of Underwriter Manager in Rochester, MN is $134,328. While Salary.com is seeing that Underwriter Manager salary in Rochester, MN can go up to $175,309 or down to $97,142, but most earn between $114,864 and $155,779. 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% $114,864 10% $97,142 90% $175,309 75% $155,779 $134,328 50%(Median)
Related Job Titles to Underwriter Manager
Underwriter I
$60,708
Rochester, MN
Per Year
Underwriter II
$71,544
Rochester, MN
Per Year
Underwriter III
$92,976
Rochester, MN
Per Year
Underwriter IV
$107,476
Rochester, MN
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
$87,917/yr
$80,022
$95,811
RANGE: $80,022 - $95,811
SFM - The Work Comp Experts
Marketing Underwriter
$75,480/yr
$68,362
$82,598
RANGE: $68,362 - $82,598
$72,059/yr
$65,313
$78,805
RANGE: $65,313 - $78,805
Verus Mortgage Capital
Underwriter Assistant
$68,334/yr
$61,867
$74,801
RANGE: $61,867 - $74,801
$68,334/yr
$61,867
$74,801
RANGE: $61,867 - $74,801
PennyMac Financial Services, Inc.
UNDERWRITER MANAGER
$88,531/yr
$81,238
$95,824
RANGE: $81,238 - $95,824
Pennymac
UNDERWRITER MANAGER
$88,985/yr
$81,655
$96,316
RANGE: $81,655 - $96,316
Allianz Life
Senior Life Underwriter | Remote
$90,800/yr
$82,983
$98,617
RANGE: $82,983 - $98,617
Berkley Human Services (a Berkley Company)
Sr. Production Underwriter
$90,440/yr
$82,395
$98,485
RANGE: $82,395 - $98,485

Open Underwriter Manager Jobs in Rochester, MN

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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 Rochester, MN?

The Underwriter Manager salary range is from $114,864 to $155,779, and the average Underwriter Manager salary is $134,328/year in Rochester, MN. 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 $168,077 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.