As of May 01, 2026, the average annual salary for Senior Commercial Underwriter in Silver Spring, MD is $63,939, equivalent to $31 per hour, $1,230 weekly, or $5,328 monthly. These figures, sourced from Salary.com’s real-time job posting scans, highlight competitive earning potential for Senior Commercial Underwriter in cities like San Jose, Santa Clara, and San Francisco.

Annually Salaries for Senior Commercial Underwriter in Silver Spring, MD vary widely, spanning from $49,893 to $76,919. Most professionals fall between the 25th percentile ($56,587) and 75th percentile ($70,734), while top earners (90th percentile) make $76,919 per year. This $14,147 pay gap underscores opportunities for salary growth through certifications, specialized skills like Analysis or Financial Services, or targeting high-paying regions like District of Columbia or California.

Location and experience significantly influence earnings. For example, Silver Spring Senior Commercial Underwriter often earn 6.6% higher than national averages. However, Silver Spring currently ranks 85 statewide for Senior Commercial 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
Senior Commercial Underwriter Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Senior Commercial Underwriter Salary $49,893 Silver Spring, MD May 01, 2026
25th Percentile Senior Commercial Underwriter Salary $56,587 Silver Spring, MD May 01, 2026
50th Percentile Senior Commercial Underwriter Salary $63,939 Silver Spring, MD May 01, 2026
75th Percentile Senior Commercial Underwriter Salary $70,734 Silver Spring, MD May 01, 2026
90th Percentile Senior Commercial Underwriter Salary $76,919 Silver Spring, MD May 01, 2026
25% $56,587 10% $49,893 90% $76,919 75% $70,734 $63,939 50%(Median) Didn’t find job title? Click
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Check out Senior Commercial Underwriter jobs in Silver Spring, Maryland

Surety Bonds Commercial Underwriter - Maryland Based

Questor Consultants, Inc. - Ellicott City, MD

Senior Commercial Analyst - Remote

The Emmes Company, LLC - Rockville, MD

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Senior Commercial Underwriter

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Job Openings for Senior Commercial Underwriter in Silver Spring, MD

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

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

Average Base Salary

Core compensation

 
 
 
56587
70734
63939

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
63058
81704
71084
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 Silver Spring, MD. The base salary for Senior Commercial Underwriter ranges from $56,587 to $70,734 with the average base salary of $63,939. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $63,058 to $81,704 with the average total cash compensation of $71,084.

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56587
70734

 

About Silver Spring, Maryland    Silver Spring is an unincorporated community, large village, suburb of Washington, D.C., and census-designated place located inside the Capital Beltwa....More

Silver Spring, Maryland  area prices were up 1.3% from a year ago

Senior Commercial Underwriter Salary in popular cities: BaltimoreColumbiaGermantown

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