How much does a Commercial Underwriter make? The average Commercial Underwriter salary is $58,482 as of April 26, 2022, but the salary range typically falls between $51,469 and $65,800. 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, helps you determine your exact pay target. 

Recently searched related titles: Assistant Real Estate Manager, Technical Project Coordinator, Enterprise Branch Manager

Jobs with a similar salary range to Commercial Underwriter : Graphics Editor, Cybersecurity Intern, Restaurant Owner

Search Commercial Underwriter Jobs

Job Openings for Commercial Underwriter
First Community Bank - Henrico , VA
DUTIES The position of Commercial Underwriter I is responsible for performing financial analysis for new and existing commercial loan customers and preparing reports that thoroughly and accurately ...
ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 74 days ago
Apple Federal Credit Union - Fairfax , VA
The Sr. Commercial Underwriter will be responsible for underwriting both C&I and Commercial Real Estate Loans. This includes, new loan requests, modifications and ensure annual reviews are completed ...
ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 67 days ago
James River Insurance Company - Richmond , VA
Since 2003, James River has provided thousands of commercial property and casualty customers with ... Job Summary James River Insurance is hiring an Underwriter for their Contract Binding team and will ...
ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 19 days ago
Berkley - Glen Allen , VA
We specialize is underwriting difficult-to-place moderate to high-risk commercial businesses that require creative solutions, outside of the box thinking, entrepreneurial spirit and astute business ...
JobCase - 51 days ago
James River Insurance Company - Richmond , VA
Since 2003, James River has provided thousands of commercial property and casualty customers with ... Senior Underwriter * Bachelors Degree or equivalent work experience * Minimum of 5 years ...
ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 26 days ago
The Call Center Network - Richmond , VA
... Lines & Commercial Lines through the continued evolution of Client Services & Underwriting to be ... located in Richmond, VA. Individual must be capable of developing strategic plans to reach short ...
ZipRecruiter - 89 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 April 26, 2022. 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 $73,102
Washington, DC $65,102
Miami, FL $56,933
Chicago, IL $62,043
Boston, MA $65,891
New York, NY $70,354
Dallas, TX $58,102
If you'd like know Commercial Underwriter Salary in other cities, then please select a city in

Average Base Salary

Core compensation


Average Total Cash Compensation

Includes base and annual incentives

What is the average salary for Commercial Underwriter in 2022?
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 $51,469 to $65,800 with the average base salary of $58,482. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $52,625 to $70,663 with the average total cash compensation of $60,992.
Average Salary Average Salary Range
Base Salary $58,482 $51,469 - $65,800
Bonus $2,511 $1,156 - $4,863
Total Pay $60,992 $52,625 - $70,663
* 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 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
Select Relevant job experience
Select person you report to
Select Level of education
Select number of people you manager
Your target salary is ?


What's the difference between Senior Commercial Underwriter and Commercial Underwriter?
According to our latest salary estimation on April 26, 2022. The average salary of Commercial Underwriter is $58,482, and the average salary of Senior Commercial Underwriter is $84,260. The average salary of Senior Commercial Underwriter is higher than Commercial Underwriter. ( 2022-04-26 )
I am a Commercial Underwriter, which location’s salary is higher, San Bernardino, CA or Arlington, MA?
Arlington, MA typically sees higher pay than San Bernardino, CA for Commercial Underwriter. a Commercial Underwriter Salary in Arlington, MA is $65,891 as of April 26, 2022; a Commercial Underwriter Salary in San Bernardino, CA is $62,303 as of April 26, 2022. ( 2022-04-26 )
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. ( 2022-04-26 )
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 ( 2022-04-26 )
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.'s Personal Salary Report will analyze these factors for you to help you maximize your earning potential. ( 2022-04-26 )

Last Update: April 26, 2022