How much does a Senior Commercial Underwriter make in the United States? The average Senior Commercial Underwriter salary in the United States is $58,655 as of March 26, 2024, but the salary range typically falls between $52,388 and $66,563. 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.

Based on HR-reported data: a national average with a geographic differential
Senior Commercial Underwriter Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Senior Commercial Underwriter Salary $46,682 US March 26, 2024
25th Percentile Senior Commercial Underwriter Salary $52,388 US March 26, 2024
50th Percentile Senior Commercial Underwriter Salary $58,655 US March 26, 2024
75th Percentile Senior Commercial Underwriter Salary $66,563 US March 26, 2024
90th Percentile Senior Commercial Underwriter Salary $73,764 US March 26, 2024
25% $52,388 10% $46,682 90% $73,764 75% $66,563 $58,655 50%(Median) Didn’t find job title? Click
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Check out Senior Commercial Underwriter jobs in Columbus, Ohio

Commercial Lender - Vice President

Civista Bank - Bowling Green, OH

Commercial Lender

Rhonemus Group - Minster, OH

Senior Commercial Underwriter

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Job Openings for Senior Commercial Underwriter
Old Republic Surety Company - Maine , NY
Blog The Real Life of Senior Commercial Underwriter Shayne Albine Read the postI like working at Old Republic because I feel I am a part of something. I don't feel like a number. I don't feel that my ideas or opinions go to some black hole. We are very much a team here. All looking to strive to be better and help our customers in the best possible way.Learn more about our services & how we can help you#J-18808-Ljbffr by Jobble
- 1 day ago
C. Winchell Agency, Inc. -
Senior Production Underwriter New York, New Jersey and Pennsylvania - Several Positions Property and Casualty Insurance Bring your commercial underwriting experience and New York broker contacts to one of the longest established insurance companies! Review loss experience, insurance to value and loss control reports, in additional to other relevant risk factors. Develop and maintain a strong working knowledge of company underwriting guidelines, coverage forms, enhancements, rating plans and workflow. Determine the acceptability of commercial lines package and umbrella policies based on company underwriting guidelines. Use underwriting information such as inspection reports, claims history and commercial applications to make appropriate underwriting decisions. Determine appropriate premium levels and coverages for commercial package and umbrella policies based on filed rates and individual risk characteristics. Responsible for maintaining strong business relationships with assigned agen
- 1 day ago
McKee Risk Management, Inc. - King of Prussia , PA
Position Summary The Senior Production Underwriter will be responsible for the analysis of risk, along with understanding the coverage requirements and exposures unique to the Construction business. This individual will be responsible for effectively interpreting, explaining and marketing the products and services for the department and for the company. The successful candidate will be responsible for the profitable growth of the assigned book. Responsibilities: Has responsibility for the production and profitability of an assigned book and / or agency assignment. Responsible for established new business, retention, rate, net margin, cross selling goals. Has responsibility for risk selection / rejection, pricing, retention, account rounding, wholesaling of lines of business in and outside of the slip markets as needed, growth and profitability per divisional objectives. Uses independent judgment and initiative to support business goals. Reviews, documents and / or underwrites new and r
- 1 day ago
Russell Tobin - New York , NY
Russell Tobin & Associates is currently hiring for a Senior Underwriter to work for one of our clients, a Tier 1 Bank out of the New York City area! Apply now! Description: The Senior Underwriter will be responsible for overseeing and managing the due diligence/underwriting process for the firm's commercial real estate debt transactions across the US. This individual will closely collaborate with originators, legal teams, and credit professionals. Main Responsibilities: Manage the overall loan underwriting process for commercial real estate deals Review credit memos, cashflow analyses, operating statements and leases prepared by appropriate internal/external parties Assist in determining any issues with deal structure; mitigating concerns at every step Assist with loan securitization by participating in buyer calls & interacting with ratings agencies Qualifications: 4+ years of experience in commercial real estate loan underwriting, M&A due diligence, CRE valuations, or asset managemen
- 1 day ago
Old Republic Surety Company - Jackson , MS
Blog The Real Life of Regional Vice President Shayne Albine: Making Surety Cool Read the postBlog The Real Life of Senior Commercial Underwriter Shayne Albine Read the postI like working at Old Republic because I feel I am a part of something. I don't feel like a number. I don't feel that my ideas or opinions go to some black hole. We are very much a team here. All looking to strive to be better and help our customers in the best possible way.Learn more about our services & how we can help you#J-18808-Ljbffr by Jobble
- 2 days ago
Niagara Partners, Inc - New York , NY
VP, Senior Underwriter Our client, a NYC Bank with their corporate offices near Penn Station, is currently seeking a new Senior Underwriter with experience in CRE & C&I loans to join their team. The bank's average deal size is $100K to $10MM includes working capital facilities, borrowing base lines of credit, term loans, commercial mortgages, construction and bridge financing and government guarantee loan products Responsibilities: Manage assigned book of existing commercial loans, preparing annual reviews and line of credit renewals, review existing loan documentation and test performance and financial covenants. Make credit recommendations and provide risk assessments. Understand loan policy guidelines and assist with new credit underwriting requests to support new business development. This role is paying around 150k, base plus discretionary bonus. This role is Hybrid, 3 days in the office, 2 remote. C&I / CRE , Commercial Lending, Credit
- 3 days ago

Career Path for this job

  1. This Job:

    Senior Commercial Underwriter

    0 - 2 years experience
    Bachelor's Degree

  2. Up a level:

    Underwriter II

    2 - 4 years experience
    Bachelor's Degree

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Understand the total compensation opportunity for a Senior Commercial Underwriter, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
52388
66563
58655

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
54006
69946
60863
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Senior Commercial Underwriter in the United States. The base salary for Senior Commercial Underwriter ranges from $52,388 to $66,563 with the average base salary of $58,655. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $54,006 to $69,946 with the average total cash compensation of $60,863.

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52388
66563

 

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