How Much Does an Underwriting Officer Make?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Underwriting Officer in the United States is $78,932. While Salary.com is seeing that Underwriting Officer salary in the US can go up to $91,540 or down to $62,026, but most earn between $70,083 and $85,531. 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 Underwriting Officer
Chief Underwriting Officer
$316,206
US
Per Year
Assistant Commercial Credit Underwriting and Analysis Officer
$53,786
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Underwriting Manager
$119,585
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Underwriting Director
$165,295
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Similar Job Salaries to Underwriting Officer by Company

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Company average base salary in (usd) range
Liberty Mutual Insurance
Underwriting Officer
$132,028/yr
$119,126
$144,930
RANGE: $119,126 - $144,930
Zurich North America
AVP, Underwriting Officer Or VP Senior Underwriting Officer
$136,906/yr
$122,954
$150,859
RANGE: $122,954 - $150,859
Berkley
VP, Chief Underwriting Officer
$216,278/yr
$194,461
$238,095
RANGE: $194,461 - $238,095
Westmark Credit Union
Loan Underwriting Officer
$62,105/yr
$55,397
$68,812
RANGE: $55,397 - $68,812
Zurich North America
VP, Senior Underwriting Officer
$134,213/yr
$120,535
$147,891
RANGE: $120,535 - $147,891

Open Underwriting Officer Jobs in the United States

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What Does an Underwriting Officer Do?

As chief underwriting officer for Public Entities, Manwaring will focus on expanding the practice focused on the complex risks facing K-12 school systems, government operations and higher education.
Updated December 15, 2021
Liberty Mutual has appointed Jon Tellekamp as chief underwriting officer for National Insurance - Excess Casualty, and Doug Manwaring as chief underwriting officer of National Insurance - Public Entities and Programs.
Updated November 30, 2021
Adam has experience working for US/London insurance companies, Lloyd’s syndicates, Lloyd’s brokers and underwriting agencies across all forms of speciality, financial and P&C lines, including General Liability, CAR, Product Liability, Professional Indemnity and Directors & Officers.
Updated November 30, 2021
The main duties of the Underwriting & Statistics Officer shall comprise amongst others the following:.
Updated November 28, 2021
Chubb Appoints Hilda Toh as Property and Casualty Chief Underwriting Officer for United Kingdom, Ireland and South Africa.
Updated October 27, 2021

Frequently Asked Questions About an Underwriting Officer Salaries

What is the average of an Underwriting Officer in the United States?

The Underwriting Officer salary range is from $70,083 to $85,531, and the average Underwriting Officer salary is $78,932/year in the United States. The Underwriting Officer's salary will change in different locations.

Which location pays the highest Underwriting Officer salary in the United States?

The Underwriting Officer salary in San Jose, CA is $99,557 which is the highest in the US.

What kinds of reasons will influence the Underwriting Officer'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 Underwriting Officer.

What is the growth rate of the Underwriting Officer's salary?

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

Recent Salary Report

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

$39 Hourly
An Underwriting Officer in Lakewood, WA reported making $39 per hour
Lakewood, WA
3,000 - 7,6 employees
Part-Time
Company - Public
$77,457 Yearly
An Underwriting Officer in Marrero, LA reported making $77,457 per year
Marrero, LA
100 - 200 employees
Full-Time
Company - Private
$37 Hourly
An Underwriting Officer in Surprise, AZ reported making $37 per hour
Surprise, AZ
7,6 - 15,000 employees
Part-Time
Company - Public
$86,150 Yearly
An Underwriting Officer in Lowell, MA reported making $86,150 per year
Lowell, MA
6 - 1,000 employees
Full-Time
Company - Private
$63,815 Yearly
An Underwriting Officer in Westfield, MA reported making $63,815 per year
Westfield, MA
200 - 6 employees
Full-Time
Company - Private
$7,024 Monthly
An Underwriting Officer in Fayetteville, AR reported making $7,024 per month
Fayetteville, AR
1,000 - 3,000 employees
Full-Time
Company - Public