How much does a Commercial Lines Underwriter make in the United States? The average Commercial Lines Underwriter salary in the United States is $80,590 as of June 28, 2020, but the salary range typically falls between $70,098 and $92,353. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

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25% $70,098 10% $60,545 90% $103,062 75% $92,353 $80,590 50%(Median)
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Check out Commercial Lines Underwriter jobs in Virginia

Insurance Underwriting Field Rep

Midwest Technical Inspections - Tidewater, VA

What is a Commercial Lines Underwriter ?

Underwriting services are provided by some large financial institutions, such as banks, or insurance or investment houses, whereby they guarantee payment in case of damage or financial loss and accept the financial risk for liability arising from such guarantee. An underwriting arrangement may be created in a number of situations including insurance, issue of securities in a public offering, and bank lending, among others. The person or institution that agrees to sell a minimum number of securities of the company for commission is called the underwriter. The name derives from the Lloyd's of ...

Source: Wikipedia (as of 04/18/2019). Read more from Wikipedia

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Understand the total compensation opportunity foraCommercial Lines Underwriter, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
70098
92353
80590

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
71964
97317
82748
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Commercial Lines Underwriter in the United States. The base salary for Commercial Lines Underwriter ranges from $70,098 to $92,353 with the average base salary of $80,590. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $71,964 to $97,317 with the average total cash compensation of $82,748.

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70098
92353

 

Skills associated with Commercial Lines Underwriter: Underwriting