How much does a Commercial Underwriter make? The average Commercial Underwriter salary is $56,301 as of October 28, 2020, but the salary range typically falls between $49,542 and $63,357. 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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Job Openings for Commercial Underwriter
The Jonus Group, LLC - Fairfax , VA
Commercial Insurance Underwriting Executive - Life Sciences A distinguished, national carrier is seeking a Commercial Insurance Underwriting Executive to join their growing Life Sciences Practice
ZipRecruiter - 44 days ago
CyberCoders - Alexandria , VA
Underwriter If you are a Underwriter with experience, please read on! What You Will Be Doing You'll be underwriting conventional, correspondent, and VA loans in accordance with investor guidelines ...
CyberCoders, Inc - 15 days ago
The Judge Group - Virginia Beach , VA
Underwriter Employment Type: Full-Time/Direct-Hire with our client. Compensation: Hourly base rate (OT eligible) + Monthly Commission Location: 100% REMOTE - NO TRAVEL REQUIRED About our client: Our ...
Judge Group - 72 days ago
Midwest Technical Inspections - Virginia Beach , VA
For commercial lines, Inspectors travel to the insureds' business sites, evaluating hazards and ... We have an on-site National Call Center, completing underwriting phone surveys of contractors ...
ZipRecruiter - 50 days ago
Aerotek - Fairfax , VA
Underwrites FHA/VA and Conventional loan applications ensuring adherence to Company and investor credit quality standards. *Analyzes mortgage loan files, which includes customer's application, income ...
Allegis Group - 12 days ago
CompuGain Corporation - Herndon , VA
JOB INFORMATION As a valued colleague on our team, you will assist in performing loan reviews in areas of loan origination, credit underwriting, quality control, and loan delivery to ensure that ...
Dice.com - 22 days ago

Commercial Underwriter Salary in Major Cities

This chart shows the salary comparison for Commercial Underwriter between major cities. San Francisco City consistently ranks #1 as of October 28, 2020. Click on the chart to see the detail salary data for Commercial Underwriter in each city.
Click to see the salary for Commercial Underwriter in these major U.S. cities.
City Name Average Salary
San Francisco, CA $70,376
Washington, DC $62,674
Miami, FL $54,809
Chicago, IL $59,729
Boston, MA $63,434
New York, NY $67,730
Dallas, TX $55,935
If you'd like know Commercial Underwriter Salary in other cities, then please select a city in

Average Base Salary

Core compensation

 
 
 
49542
63357
56301

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
50644
68024
58706
What is the average salary for Commercial Underwriter in 2020?
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Commercial Underwriter in the United States. The base salary for Commercial Underwriter ranges from $49,542 to $63,357 with the average base salary of $56,301. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $50,644 to $68,024 with the average total cash compensation of $58,706.
Average Salary Average Salary Range
Base Salary $56,301 $49,542 - $63,357
Bonus $2,405 $1,102 - $4,667
Total Pay $58,706 $50,644 - $68,024
* 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.
Salary.com Estimate Salary Tool provides free, accurate and real-time salary for thousands of careers. Please enter the following pay factors for Commercial 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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49542
63357

 

What's the difference between Senior Commercial Underwriter and Commercial Underwriter?
According to our latest salary estimation on October 28, 2020. The average salary of Commercial Underwriter is $56,301, and the average salary of Senior Commercial Underwriter is $80,780. The average salary of Senior Commercial Underwriter is higher than Commercial Underwriter. ( 2020-10-28 salary.com )
I am a Commercial Underwriter, which location’s salary is higher, Barnstable, MA or New Britain, CT?
New Britain, CT typically sees higher pay than Barnstable, MA for Commercial Underwriter. a Commercial Underwriter Salary in New Britain, CT is $60,805 as of October 28, 2020; a Commercial Underwriter Salary in Barnstable, MA is $59,370 as of October 28, 2020. ( 2020-10-28 salary.com )
Why does the salary of a Commercial 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. ( 2020-10-28 salary.com )
What are the Pay Factors for Commercial Underwriter?
Salary ranges for a Commercial 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 ( 2020-10-28 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. ( 2020-10-28 salary.com )

Last Update: October 28, 2020