How Much Does an Underwriting Team Lead Make in Minnesota?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Underwriting Team Lead in Minnesota is $113,697. While Salary.com is seeing that Underwriting Team Lead salary in MN can go up to $148,957 or down to $81,206, but most earn between $96,690 and $132,154. 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% $96,690 10% $81,206 90% $148,957 75% $132,154 $113,697 50%(Median)
Related Job Titles to Underwriting Team Lead
Underwriting Manager
$122,371
Minnesota
Per Year
Underwriting Supervisor
$106,281
Minnesota
Per Year
Underwriting Team Support Assistant
$52,340
Minnesota
Per Year
Underwriting Assistant
$52,335
Minnesota
Per Year
download asset banner
Facing Salary Structure Challenges? Let Our Expert Guide You
The job market is increasingly challenging. Our whitepaper, Navigating the Challenges of Creating Salary Structures, offers guidance on creating salary structures. Provide your phone number and work email to download the full version.
We will handle your contact details in line with our Privacy Policy. If you prefer not to receive marketing emails from Salary.com, you can opt-out out of marketing communications at any time by clicking unsubscribe.

Similar Job Salaries to Underwriting Team Lead by Company

FIND A SPECIFIC EMPLOYER
Loading results...
Company average base salary in (usd) range
Securian Financial Group
Underwriting Team Manager
$115,812/yr
$106,835
$124,788
RANGE: $106,835 - $124,788
Tri Pointe Homes
Underwriting Team Lead
$101,602/yr
$92,305
$110,898
RANGE: $92,305 - $110,898
Invigorate Finance
Underwriting Team Lead
$90,621/yr
$82,330
$98,911
RANGE: $82,330 - $98,911
Sunflower Bank NA
Commercial Underwriting Team Lead
$117,856/yr
$105,114
$130,599
RANGE: $105,114 - $130,599
Munich RE
Underwriting Support Team Lead
$97,862/yr
$88,985
$106,739
RANGE: $88,985 - $106,739
Crum & Forster
Team Lead - Underwriting Operations - Remote
$105,058/yr
$96,244
$113,873
RANGE: $96,244 - $113,873
Universal Fire & Casualty Insurance Company
Property and Casualty Underwriting - Team Lead
$114,874/yr
$105,517
$124,231
RANGE: $105,517 - $124,231
$77,717/yr
$68,395
$87,039
RANGE: $68,395 - $87,039

Top 10 Highest Paying Cities For Underwriting Team Lead 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 Team Lead 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 Team Lead job salaries in Minnesota. Some cities can pay higher salaries for Underwriting Team Lead jobs, which can indicate that there is a large demand for Underwriting Team Lead positions in this city.
The following table shows top 10 cities where the Underwriting Team Lead salary is higher than other cities in Minnesota. Minneapolis takes first place in this list, followed by Saint Paul, Minnetonka. The Underwriting Team Lead salary is $116,286 in Minneapolis, which is higher than the national average. There are 7 cities' Underwriting Team Lead salary higher than national average in Minnesota.
The average salary for an Underwriting Team Lead in Minnesota is $113,697, but we found that the city with the highest salary for Underwriting Team Lead jobs is Minneapolis, MN, and it is higher than Saint Paul. Underwriting Team Lead 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 $116,286 $9,690 $2,236 $56
Saint Paul $116,286 $9,690 $2,236 $56
Minnetonka $116,286 $9,690 $2,236 $56
Eden Prairie $116,086 $9,674 $2,232 $56
Burnsville $115,952 $9,663 $2,230 $56
Lakeville $115,552 $9,629 $2,222 $56
Rochester $111,386 $9,282 $2,142 $54
Saint Cloud $109,608 $9,134 $2,108 $53
Duluth $106,575 $8,881 $2,050 $51

What Does an Underwriting Team Lead Do?

If you are thinking of becoming an Underwriting Team Lead or planning the next step in your career, find details about.
Updated December 12, 2021
Shuohan Dai joins as Senior Underwriter in Singapore and will work closely with the existing teams to oversee CRS’ underwriting activities in APAC.
Updated November 28, 2021
And, for more complex cases you can rely on the hands-on experience within our expert underwriting team.
Updated October 25, 2021
Commenting on the appointment, Vantage CEO, Greg Hendrick, said: “We are very excited for Alex to lead our talented and growing Insurance team at Vantage.
Updated October 18, 2021

Frequently Asked Questions About an Underwriting Team Lead Salaries

What is the average of an Underwriting Team Lead in Minnesota?

The Underwriting Team Lead salary range is from $96,690 to $132,154, and the average Underwriting Team Lead salary is $113,697/year in Minnesota. The Underwriting Team Lead's salary will change in different locations.

Which location pays the highest Underwriting Team Lead salary in the United States?

The Underwriting Team Lead salary in San Jose, CA is $140,141 which is the highest in the US.

What kinds of reasons will influence the Underwriting Team Lead'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 Team Lead.

What is the growth rate of the Underwriting Team Lead's salary?

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