As of May 01, 2026, the average annual salary for Associate Underwriter in Minneapolis, MN is $93,682, equivalent to $45 per hour, $1,802 weekly, or $7,807 monthly. These figures, sourced from Salary.com’s real-time job posting scans, highlight competitive earning potential for Associate Underwriter in cities like San Jose, Santa Clara, and San Francisco.

Annually Salaries for Associate Underwriter in Minneapolis, MN vary widely, spanning from $77,481 to $105,914. Most professionals fall between the 25th percentile ($85,202) and 75th percentile ($100,085), while top earners (90th percentile) make $105,914 per year. This $14,883 pay gap underscores opportunities for salary growth through certifications, specialized skills like Customer Service or Collective Bargaining, or targeting high-paying regions like District of Columbia or California.

Location and experience significantly influence earnings. For example, Minneapolis Associate Underwriter often earn 2.1% higher than national averages. However, Minneapolis currently ranks 221 statewide for Associate Underwriter job salary. Professionals are advised to focus on high-growth sectors like to offset market challenges.

Based on HR-reported data: a national average with a geographic differential
Associate Underwriter Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Associate Underwriter Salary $77,481 Minneapolis, MN May 01, 2026
25th Percentile Associate Underwriter Salary $85,202 Minneapolis, MN May 01, 2026
50th Percentile Associate Underwriter Salary $93,682 Minneapolis, MN May 01, 2026
75th Percentile Associate Underwriter Salary $100,085 Minneapolis, MN May 01, 2026
90th Percentile Associate Underwriter Salary $105,914 Minneapolis, MN May 01, 2026
25% $85,202 10% $77,481 90% $105,914 75% $100,085 $93,682 50%(Median) Didn’t find job title? Click
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Associate Underwriter

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Job Openings for Associate Underwriter in Minneapolis, MN

Career Path for this job

  1. Down a level:

    Underwriter II

    2 - 4 years experience
    Bachelor's Degree

  2. This Job:

    Associate Underwriter

    4 - 7 years experience
    Bachelor's Degree

  3. Up a level:

    Underwriter IV

    7 + years experience
    Bachelor's Degree

Understand the total compensation opportunity for an Associate Underwriter, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
85202
100085
93682

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
94845
127001
107980
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Associate Underwriter in Minneapolis, MN. The base salary for Associate Underwriter ranges from $85,202 to $100,085 with the average base salary of $93,682. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $94,845 to $127,001 with the average total cash compensation of $107,980.

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85202
100085

 

About Minneapolis, Minnesota    Minneapolis (/ˌmɪniˈæpəlɪs/ (listen)) is the county seat of Hennepin County and the larger of the Twin Cities, the 16th-largest metropolitan area in t....More

Minneapolis, Minnesota  area prices were up 1.4% from a year ago

Associate Underwriter Salary in popular cities: Saint PaulRochesterDuluth

Skills associated with Associate Underwriter: Underwriting, #develop, requests, RISK

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