Chief Underwriter Salary
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How much does a Chief Underwriter make? The average Chief Underwriter salary is $148,920 as of June 27, 2024, but the salary range typically falls between $126,459 and $175,550. 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.
Salary range for an Chief Underwriter
$126,459 to $175,550
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What does a Chief Underwriter do?
Common responsibilities of a Chief Underwriter
Acts as an underwriting expert witness in litigated cases.
October 05, 2022
Responds to company and external audit findings and makes changes in procedures, workflow, and guidelines.
December 14, 2022
Devises underwriting guidelines to support new distribution or sales concept such as institutional channel.
February 03, 2023
Supports the Chief Underwriter in establishing underwriting guidelines based on sound underwriting principles and understanding of product pricing, reinsurance implications and competitiveness.
February 10, 2023
Represents Lincoln at industry meetings for sales, reinsurance and underwriting by chairing or participating on panels or making presentations.
February 11, 2023
Creates and monitors budget for area of responsibility.
February 24, 2023
Build trust by treating others with respect, offers to help and/or assist others to achieve goals.
March 02, 2023
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Explore JobArchitectChief Underwriter Salary in Major Cities
This chart shows the salary comparison for Chief Underwriter between major cities. San Francisco City consistently ranks #1 as of June 27, 2024. Click on the chart to see the detail salary data for Chief Underwriter in each city.
Chief Underwriter Salary by State
- Alaska
- Alabama
- Arkansas
- Arizona
- California
- Colorado
- Connecticut
- District of Columbia
- Delaware
- Florida
- Georgia
- Hawaii
- Iowa
- Idaho
- Illinois
- Indiana
- Kansas
- Kentucky
- Louisiana
- Massachusetts
- Maryland
- Maine
- Michigan
- Minnesota
- Missouri
- Mississippi
- Montana
- North Carolina
- North Dakota
- Nebraska
- New Hampshire
- New Jersey
- New Mexico
- Nevada
- New York
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Virginia
- Vermont
- Washington
- Wisconsin
- West Virginia
- Wyoming
Chief Underwriter Salary by City
Click to see the salary for Chief Underwriter in these major U.S. cities.
| City Name | Average Salary |
|---|---|
| San Francisco, CA | $186,150 |
| Washington, DC | $165,748 |
| Miami, FL | $143,708 |
| Chicago, IL | $156,217 |
| Boston, MA | $166,939 |
| New York, NY | $173,938 |
| Dallas, TX | $146,984 |
If you'd like know Chief Underwriter Salary in other cities, then please select a city in
Average Salary Range for Chief Underwriter
Average Base Salary
Core compensation
126459
175550
Average Total Cash Compensation
Includes base and annual incentives
What is the average salary for Chief Underwriter in 2024?
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Chief Underwriter in the United States. The base salary for Chief Underwriter ranges from $126,459 to $175,550 with the average base salary of $148,920. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $138,912 to $207,291 with the average total cash compensation of $168,943.
View Average Salary for Chief Underwriter as table
| Average Salary | Average Salary Range | |
|---|---|---|
| Base Salary | $148,920 | $126,459 - $175,550 |
| Bonus | $20,023 | $12,453 - $31,741 |
| Total Pay | $168,943 | $138,912 - $207,291 |
* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.
* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.
Estimate Salary for Chief Underwriter online for free
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Please enter the following pay factors for Chief Underwriter, to get a real-time salary target.
If you want to get more detailed salary information, please view Professional Salary Report
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126459
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Similar Jobs to Chief Underwriter
Comments about Chief Underwriter
What's the difference between Underwriter and Chief Underwriter?
According to our latest salary estimation on June 27, 2024. The average salary of Chief Underwriter is $148,920, and the average salary of Underwriter is $96,084. The average salary of Underwriter is lower than Chief Underwriter. ( 2024-06-27 salary.com )
I am a Chief Underwriter, which location’s salary is higher, Auburn, AL or Bentonville, AR?
Bentonville, AR typically sees higher pay than Auburn, AL for Chief Underwriter. a Chief Underwriter Salary in Bentonville, AR is $134,624 as of June 27, 2024; a Chief Underwriter Salary in Auburn, AL is $131,347 as of June 27, 2024. ( 2024-06-27 salary.com )
Chief Underwriter Frequently Asked Questions
Why does the salary of a Chief Underwriter vary from city to city?
The cost of living is tied to salaries.
If the expenses are higher in a particular city, then the wage level will be higher as well to afford the people can opportunity to live there.
This is why you're always going to make more money in New York City for example, than in a small town. ( 2024-06-27 salary.com )
What are the Pay Factors for Chief Underwriter?
Salary ranges for a Chief Underwriter can vary widely, depending on the city and several other pay factors, including (but not limited to) education level, certifications, additional skills, and work experience.
Click here to view Eight Factors That Can Affect Your Pay ( 2024-06-27 salary.com )
How the Pay Factors Influence Your Pay?
Salaries are ultimately dictated by the position being applied to, and hiring company,
but there are several important pay factors that come into play based on your individual history that could impact your value to the company.
Salary.com's Personal Salary Report will analyze these factors for you to help you maximize your earning potential. ( 2024-06-27 salary.com )
Recently searched related titles: Commercial Insurance Underwriter
Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap, Job Openings for This Role
Last Update: June 27, 2024