As of July 01, 2026, the average salary for an Underwriting Team Lead in the United States is $101,050 per year, which breaks down to an hourly rate of $49.
However, an Underwriting Team Lead's salary can vary significantly. Here’s a look at the typical salary range:
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An Underwriting Team Lead's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.
Experience is a primary driver of an Underwriting Team Lead's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Levels | Salary |
|---|---|
| Underwrit... Level Underwriting Team Lead | $105,380 |
| Underwrit... Level Underwriting Team Lead | $129,857 |
| Underwrit... Level Underwriting Team Lead | $101,678 |
| Underwrit... Level Underwriting Team Lead | $116,392 |
| Underwrit... Level Underwriting Team Lead | $158,638 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Underwriting Team Leads. For example, consider the average annual salaries in these key locations:
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Leadership | 6.41% |
| Product Quality | 0.71% |
| Credit Reports | 0.28% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Career Development
|
$116,208 |
15%
|
|
Analytical Skills
|
$111,155 |
10%
|
|
Planning
|
$109,134 |
8%
|
|
Tax Return
|
$109,134 |
8%
|
|
Decision Making
|
$109,134 |
8%
|
|
Quality Control
|
$108,124 |
7%
|
For Underwriting Team Lead roles, the industry you choose can affect earning potential by as much as 60% (the gap between the highest and lowest paying industries). Data shows that the Insurance and Financial Services sectors offer the strongest compensation, at 30% above the average. In contrast, Underwriting Team Lead positions in Retail & Wholesale or Edu., Gov't. & Nonprofit typically offer lower base pay, as these industries often view Underwriting Team Lead as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Insurance | $131,365 | $63.0 | 30% |
| Financial Services | $121,260 | $58.0 | 20% |
| Healthcare | $111,155 | $53.0 | 10% |
Your level of education can impact your salary potential. While many Underwriting Team Leads enter the field with a Associate's Degree degree, higher education can lead to more specialized and higher-paying roles.
According to our 100% employer-reported salary data, the median salary for an Underwriting Team Lead with a Associate's Degree is between $103,142 and $112,085).
Underwriting Team Lead Salaries by Degree Level
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 6.1% |
| High School | 15.2% |
| Associates | 21.2% |
| Bachelors | 30.3% |
| Masters | 24.2% |
| Doctorate | 3.0% |
Understanding how an Underwriting Team Lead's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
Last Updated on July 01, 2026Salaries for an Underwriting Team Lead can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $100,023 in 2023 to around $99,485 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Underwriting Team Lead salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 |
View More
|
| 2023 | $100,023 |
| 2024 | $100,580 |
| 2025 | $99,485 |
| 2026 |
View More
|
| 2027 |
View More
|
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