Underwriting Officer Salaries in Minnesota
How Much Does an Underwriting Officer Make in Minnesota?
Updated March 01, 2025
As of March 01, 2025,
the average annual pay of Underwriting Officer in Minnesota is $80,694.
While Salary.com is seeing that Underwriting Officer salary in MN can go up to $93,577
or down to $63,414, but most earn between $71,649 and $87,438.
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
Assistant Commercial Credit Underwriting and Analysis Officer
$55,009
Minnesota
Per Year
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Similar Job Salaries to Underwriting Officer by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
The Hanover Insurance Group
Zonal Underwriting Officer, West Zone
|
$122,809/yr
|
RANGE: $113,845 - $131,774
|
|
Liberty Mutual Insurance
Underwriting Officer
|
$131,924/yr
|
RANGE: $119,032 - $144,817
|
|
Tokio Marine HCC – A&H Group
Underwriting Intern
|
$69,516/yr
|
RANGE: $62,882 - $76,150
|
|
North Star Mutual Insurance Company
Underwriting Specialist
|
$64,780/yr
|
RANGE: $58,594 - $70,965
|
|
Liberty Mutual Insurance
Underwriting Manager
|
$122,335/yr
|
RANGE: $112,432 - $132,238
|
|
Zurich North America
AVP, Underwriting Officer Or VP Senior Underwriting Officer
|
$132,429/yr
|
RANGE: $118,933 - $145,925
|
|
Zurich Insurance Company Ltd.
VP, SENIOR UNDERWRITING OFFICER
|
$196,308/yr
|
RANGE: $175,677 - $216,938
|
Top 10 Highest Paying Cities For Underwriting Officer Jobs in Minnesota
It is important to understand how location impacts your career prospects in the United States.
There are some cities where an Underwriting Officer can find a job easily with a greater salary paid then achieve a higher standard of living.
Below is the top cities list for Underwriting Officer job salaries in Minnesota.
Some cities can pay higher salaries for Underwriting Officer jobs, which can indicate that there is a large demand for Underwriting Officer positions in this city.
The following table shows top 10 cities where the Underwriting Officer salary is higher than other cities in Minnesota.
Minneapolis takes first place in this list, followed by Saint Paul, Minnetonka.
The Underwriting Officer salary is $83,691 in Minneapolis,
which is higher than the national average. There are 7 cities' Underwriting Officer salary higher than national average in Minnesota.
The average salary for an Underwriting Officer in Minnesota is $80,694,
but we found that the city with the highest salary for Underwriting Officer jobs is Minneapolis, MN, and it is higher than Saint Paul.
Underwriting Officer 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 | $83,691 | $6,974 | $1,609 | $40 |
| Saint Paul | $83,691 | $6,974 | $1,609 | $40 |
| Minnetonka | $83,691 | $6,974 | $1,609 | $40 |
| Eden Prairie | $83,534 | $6,961 | $1,606 | $40 |
| Burnsville | $83,455 | $6,955 | $1,605 | $40 |
| Lakeville | $83,139 | $6,928 | $1,599 | $40 |
| Rochester | $79,116 | $6,593 | $1,521 | $38 |
| Saint Cloud | $77,775 | $6,481 | $1,496 | $37 |
| Duluth | $76,198 | $6,350 | $1,465 | $37 |
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
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Explore JobArchitectFrequently Asked Questions About an Underwriting Officer Salaries
What is the average of an Underwriting Officer in Minnesota?
The Underwriting Officer salary range is from $71,649 to $87,438, and the average Underwriting Officer salary is $80,694/year in Minnesota.
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 $98,994
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.
