Commercial Underwriter Salary in the United States
How much does a Commercial Underwriter make in the United States?
As of September 01, 2026, the average salary for a Commercial Underwriter in the United States is $62,777 per year, which breaks down to an hourly rate of $30.
However, a Commercial Underwriter's salary can vary significantly. Here’s a look at the typical salary range:
Top Earners (90th percentile): $75,621
Majority Range (25th-75th percentile): $55,770 to $69,500
Key Factors That Influence Commercial Underwriter Salaries
A Commercial Underwriter's salary isn't a fixed number. It's shaped by several important factors.
Below, we'll explore how your years of experience, geographic location, education
and company size
can directly affect your earning potential.
How Experience Level Affects Commercial Underwriter Salaries?
Experience is a primary driver of a Commercial Underwriter's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
How Do Commercial Underwriter Salaries Vary from State to State?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Commercial Underwriters. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities.
Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay.
Here are a few examples of average annual salaries in different U.S. cities:
San Jose: $79,181
San Francisco: $78,314
Oakland: $76,664
San Jose, CA$79,181
San Francisco, CA$78,314
Oakland, CA$76,664
New York, NY$72,281
Paramus, NJ$71,402
Queens Village, NY$71,399
Passaic, NJ$71,340
Bergenfield, NJ$71,334
Stamford, CT$71,196
Huntington, NY$71,170
Newark, NJ$70,706
Bridgeport, CT$70,574
Vallejo, CA$70,449
New Brunswick, NJ$70,424
Petaluma, CA$70,386
Middlesex, NJ$70,267
Somerset, NJ$70,223
Santa Cruz, CA$70,141
Boston, MA$69,758
Monterey, CA$69,538
Seattle, WA$69,394
Santa Rosa, CA$69,382
Los Angeles, CA$69,363
Juneau, AK$69,200
Washington, DC$69,130
Orange, CA$68,907
Santa Ana, CA$68,741
Long Beach, CA$68,678
Anaheim, CA$68,666
Anchorage, AK$68,635
Santa Maria, CA$68,446
Everett, WA$68,434
Danbury, CT$68,213
Bremerton, WA$68,126
Tacoma, WA$67,900
New Suffolk, NY$67,899
Sacramento, CA$67,881
Santa Barbara, CA$67,812
Trenton, NJ$67,743
San Diego, CA$67,743
Brockton, MA$67,674
Fairbanks, AK$67,520
Lompoc, CA$67,360
Lowell, MA$67,309
Ventura, CA$67,297
Nashua, NH$67,285
Stockton, CA$67,279
Modesto, CA$66,820
Poughkeepsie, NY$66,682
Olympia, WA$66,563
Kennewick, WA$66,563
New Haven, CT$66,538
Lawrence, MA$66,312
Hartford, CT$66,249
Riverside, CA$66,236
New Bedford, MA$66,174
Richland, WA$66,174
Bakersfield, CA$66,086
San Bernardino, CA$66,061
New Britain, CT$66,054
Atlantic City, NJ$66,054
New London, CT$66,029
Norwich, CT$66,010
Portsmouth, NH$65,998
Boulder, CO$65,865
Portland, OR$65,778
Worcester, MA$65,772
Minneapolis, MN$65,577
Philadelphia, PA$65,489
Honolulu, HI$65,282
Saint Paul, MN$65,252
Vineland, NJ$65,238
Providence, RI$65,056
Chicago, IL$64,874
Bellingham, WA$64,799
Springfield, MA$64,749
Baltimore, MD$64,730
Chico, CA$64,573
Pittsfield, MA$64,403
Manchester, NH$64,284
Spokane, WA$64,008
Denver, CO$64,002
Albany, NY$63,707
Troy, NY$63,681
Nassau, NY$63,614
Schenectady, NY$63,550
Wilmington, DE$63,499
Burlington, VT$63,411
Salem, OR$63,386
Portland, ME$63,192
Yakima, WA$63,129
Rochester, MN$62,934
Reno, NV$62,903
Fresno, CA$62,903
Milwaukee, WI$62,846
Detroit, MI$62,784
Ann Arbor, MI$62,773
Allentown, PA$62,765
Colorado Springs, CO$62,658
Syracuse, NY$62,627
Carson City, NV$62,627
Houston, TX$62,539
Eugene, OR$62,507
Gary, IN$62,432
Springfield, OR$62,382
Bismarck, ND$62,369
Galveston, TX$62,325
Medford, OR$62,231
Fort Collins, CO$62,206
Concord, NH$62,175
Austin, TX$62,156
Mesa, AZ$62,024
Reading, PA$62,018
Phoenix, AZ$62,012
Dallas, TX$61,993
Saint Cloud, MN$61,932
Madison, WI$61,848
Utica, NY$61,679
Rochester, NY$61,578
Des Moines, IA$61,572
Raleigh, NC$61,566
Atlanta, GA$61,472
Battle Creek, MI$61,453
Salt Lake City, UT$61,434
Lancaster, PA$61,340
Harrisburg, PA$61,252
Kansas City, MO$61,189
Champaign, IL$61,177
Kansas City, KS$61,177
Fort Worth, TX$61,170
Columbus, OH$61,160
Boca Raton, FL$61,145
Pittsburgh, PA$61,120
Richmond, VA$61,095
Indianapolis, IN$61,082
Cleveland, OH$61,076
Las Vegas, NV$61,001
Cincinnati, OH$61,001
Petersburg, VA$60,907
Huntsville, AL$60,812
Lansing, MI$60,770
Lebanon, PA$60,762
Pueblo, CO$60,756
Appleton, WI$60,737
Buffalo, NY$60,712
Dayton, OH$60,693
Racine, WI$60,681
Charlotte, NC$60,674
Saint Louis, MO$60,656
York, PA$60,618
Elkhart, IN$60,618
Gastonia, NC$60,606
Billings, MT$60,591
Beaumont, TX$60,574
Lorain, OH$60,561
Benton Harbor, MI$60,549
Toledo, OH$60,536
Binghamton, NY$60,505
Rock Hill, SC$60,499
Rockford, IL$60,467
Springfield, IL$60,442
Elyria, OH$60,436
Fargo, ND$60,436
Flagstaff, AZ$60,392
Fort Lauderdale, FL$60,354
Duluth, MN$60,317
Miami, FL$60,317
Cheyenne, WY$60,273
Grand Forks, ND$60,273
Bangor, ME$60,134
Cedar Rapids, IA$60,065
Durham, NC$60,039
Louisville, KY$60,034
Grand Rapids, MI$60,021
Hialeah, FL$60,015
Casper, WY$59,927
Scranton, PA$59,852
New Orleans, LA$59,833
Virginia Beach, VA$59,827
Akron, OH$59,795
Peoria, IL$59,714
Sarasota, FL$59,701
Nashville, TN$59,657
Omaha, NE$59,657
Green Bay, WI$59,657
Baton Rouge, LA$59,626
Charleston, SC$59,613
Jamestown, NY$59,582
Davenport, IA$59,582
Tucson, AZ$59,551
Saint Petersburg, FL$59,513
Tampa, FL$59,500
Evansville, IN$59,463
Port Arthur, TX$59,463
Bradenton, FL$59,438
Santa Fe, NM$59,325
Orlando, FL$59,212
Clearwater, FL$59,193
Canton, OH$59,061
La Crosse, WI$59,061
Albuquerque, NM$59,023
Newport News, VA$59,017
High Point, NC$58,998
Ogden, UT$58,973
Corpus Christi, TX$58,923
Norfolk, VA$58,885
Laramie, WY$58,885
Rock Island, IL$58,848
Saginaw, MI$58,835
Jacksonville, FL$58,829
Salisbury, NC$58,816
Boise, ID$58,804
Moline, IL$58,772
Fort Myers, FL$58,753
Memphis, TN$58,741
Tulsa, OK$58,709
Waterloo, IA$58,672
Spartanburg, SC$58,609
Lincoln, NE$58,578
Fort Wayne, IN$58,565
Provo, UT$58,559
Cedar Falls, IA$58,483
San Antonio, TX$58,458
Greensboro, NC$58,433
South Bend, IN$58,427
Savannah, GA$58,358
Muskegon, MI$58,333
Birmingham, AL$58,326
Winston Salem, NC$58,296
Lake Charles, LA$58,144
Anderson, IN$58,132
Lexington, KY$58,113
Augusta, GA$58,094
Greenville, SC$58,094
Lima, OH$58,044
Wichita, KS$58,038
Tuscaloosa, AL$58,038
Columbia, SC$57,981
Springfield, OH$57,969
Asheville, NC$57,868
Bloomington, IN$57,824
Knoxville, TN$57,598
Shreveport, LA$57,592
Wilmington, NC$57,510
Roanoke, VA$57,510
Topeka, KS$57,397
Frankfort, KY$57,390
Oklahoma City, OK$57,347
Chillicothe, OH$57,322
Longview, TX$57,316
Melbourne, FL$57,309
Sioux Falls, SD$57,209
Mobile, AL$57,203
Terre Haute, IN$57,178
Altoona, PA$57,140
Amarillo, TX$57,096
Killeen, TX$57,077
Fayetteville, AR$57,027
Chattanooga, TN$57,008
Sioux City, IA$56,952
Idaho Falls, ID$56,939
Lynchburg, VA$56,889
Gainesville, FL$56,807
Portsmouth, OH$56,776
Little Rock, AR$56,763
Lafayette, LA$56,738
Youngstown, OH$56,738
Daytona Beach, FL$56,701
Clarksville, TN$56,694
Pensacola, FL$56,688
Temple, TX$56,684
Hopkinsville, KY$56,500
Erie, PA$56,487
Florence, SC$56,462
Charleston, WV$56,362
Great Falls, MT$56,330
Macon, GA$56,242
Tallahassee, FL$56,236
Fayetteville, NC$56,223
Waco, TX$56,211
Helena, MT$56,167
Pine Bluff, AR$56,143
Vincennes, IN$56,066
Lubbock, TX$56,041
Alamogordo, NM$56,004
Twin Falls, ID$55,947
Rapid City, SD$55,928
Jackson, MS$55,815
Huntington, WV$55,811
Greenville, MS$55,809
Parkersburg, WV$55,745
Montgomery, AL$55,734
Wichita Falls, TX$55,671
Springfield, MO$55,671
Biloxi, MS$55,640
Monroe, LA$55,577
Johnstown, PA$55,533
Sumter, SC$55,508
Columbus, GA$55,501
Pascagoula, MS$55,382
Abilene, TX$55,382
Kingsport, TN$55,219
Albany, GA$55,219
Gulfport, MS$55,200
Alexandria, LA$54,993
Fort Smith, AR$54,836
El Paso, TX$54,667
Las Cruces, NM$54,384
Harlingen, TX$54,225
Pocatello, ID$54,215
Florence, AL$54,133
Brownsville, TX$54,120
Mcallen, TX$53,989
Dothan, AL$53,901
Columbus, MS$53,528
Altus, OK$53,235
Lawton, OK$53,116
Pierre, SD$52,890
What Skills Can Increase a Commercial Underwriter's Salary?
Demanded Skills for the Role:
Analysis (Mentioned in 6% Job Postings): Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Pricing (Mentioned in 2.09% Job Postings): Pricing is a process of fixing the value that a manufacturer will receive in the exchange of services and goods.
Knowledge of Underwriting (Mentioned in 1.28% Job Postings): Underwriting simply means that your lender verifies your income, assets, debt and property details in order to issue final approval for your loan.
Mastering certain specialized skills can lead to a significant increase in pay.
Here are examples of skills and the potential impact they can have on a Commercial Underwriter's salary.
Accuracy and Attention to Detail: Can increase your salary by up to 38%.
Managing Multiple Priorities: Can increase your salary by up to 38%.
Office Support Tools: Can increase your salary by up to 38%.
Commercial Underwriter Salary by Industry: Top Paying Sectors
For Commercial Underwriter roles, the industry you choose can affect earning potential
by as much as 50% (the gap between the highest and lowest paying industries).
Data shows that the Financial Services and Healthcare
sectors offer the strongest compensation, at 30% above the average.
In contrast, Commercial Underwriter positions in Insurance or Edu., Gov't. & Nonprofit typically offer lower base pay,
as these industries often view Commercial Underwriter as a support function rather than a direct revenue driver.
The top paying industries for a Commercial Underwriter
Industry Sector
Average Annual Salary
Average Hourly Rate
Pay vs.Avg
Financial Services
$81,611
$39.0
30%
Healthcare
$75,333
$36.0
20%
How Education impacts a Commercial Underwriter's Salary?
Your level of education can impact your salary potential.
While many Commercial Underwriters enter the field with a Associate's Degree degree,
higher education can lead to more specialized and higher-paying roles.
According to our 100% employer-reported salary data,
the median salary for a Commercial Underwriter with a Associate's Degree is between
$53,116
and $56,472).
Commercial Underwriter Salary: Hourly Rate, Weekly Pay, and Monthly Pay
Understanding how a Commercial Underwriter's annual salary breaks down can help with budgeting.
Below, you can see the average hourly rate, weekly pay, and monthly pay for this role.
Use the buttons to switch between different pay periods.
Hourly
Monthly
Weekly
Yearly
Table View
Last Updated on September 01, 2026
$55,770
Average$62,777/year
$69,500
$4,647
Average$5,231/month
$5,792
$1,072
Average$1,207/week
$1,337
$27
Average$30/hour
$33
Annual Salary
Monthly Pay
Weekly Pay
Hourly Wage
75th Percentile
$69,500
$5,792
$1,337
$33
Average
$62,777
$5,231
$1,207
$30
25th Percentile
$55,770
$4,647
$1,072
$27
Salaries of Jobs related to Commercial Underwriter
Salaries for a Commercial Underwriter can change over time,
reflecting shifts in market demand and the overall economy.
The median salary decreased from $67,960 in 2023
to around $64,877 in 2025,
reflecting changes in demand, location, experience, and the wider economy.
For a detailed analysis of Commercial Underwriter salary trends,
.
Average Annual Salary of Commercial Underwriter Over Time
$???
$67,960
$66,443
$64,877
$???
$???
2022
2023
2024
2025
2026
2027
Year
Average Annual Salary
2022
View More
2023
$67,960
2024
$66,443
2025
$64,877
2026
View More
2027
View More
Most common benefits for Commercial Underwriter
Social Security
401 (k)
Disability
Healthcare
Pension
Time Off (days)
Common company salaries for Commercial Underwriter
Here are companies hiring for Commercial Underwriter and their salaries, click below for more details.
K$114,295/per year
Kpmg Us LLPBusiness Servicesthe United States
W$114,096/per year
Warner Bros DiscoveryBusiness Servicesthe United States
D$111,927/per year
Dentsu International LtdBusiness Servicesthe United States
G$111,873/per year
GroupM Worldwide IncBusiness Servicesthe United States
C$111,651/per year
CoWorx StaffingBusiness Servicesthe United States
C$110,194/per year
Contemporary Services CorpBusiness Servicesthe United States
S$107,128/per year
Showcase CinemasBusiness Servicesthe United States
A$106,429/per year
Amentum Services IncBusiness Servicesthe United States
A$106,199/per year
Allied Universal Security Services LLCBusiness Servicesthe United States
S$106,104/per year
Sodexo USABusiness Servicesthe United States
J$105,192/per year
JLL TechnologiesBusiness Servicesthe United States
I$104,478/per year
Intact Insurance Group USA LLCBusiness Servicesthe United States
N$101,619/per year
NielsenIQBusiness Servicesthe United States
T$101,470/per year
The Leading Edge AllianceBusiness Servicesthe United States
H$101,308/per year
Honeywell UOPBusiness Servicesthe United States
R$97,720/per year
Reeve & AssociatesBusiness Servicesthe United States
M$97,584/per year
ManpowerGroup Global IncBusiness Servicesthe United States
F$95,980/per year
Financial Sys NcoBusiness Servicesthe United States
A$95,314/per year
Arrow Global LtdBusiness Servicesthe United States
C$94,777/per year
CarMax Enterprise Services LLCBusiness Servicesthe United States
D$94,479/per year
DZConneXBusiness Servicesthe United States
A$93,802/per year
Adecco Staffing, USABusiness Servicesthe United States
R$92,937/per year
Resource MFGBusiness Servicesthe United States
Z$92,774/per year
Zachry Brands IncBusiness Servicesthe United States
G$88,138/per year
Greystar Worldwide LLCBusiness Servicesthe United States
Find Your Next Commercial Underwriter Job
Ready to take the next step in your career? Browse thousands of current Commercial Underwriter job openings on our job board. Use the search bar below to find your perfect match.
For Employees
Analyze the market and your qualifications to negotiate your salary with confidence.
Get a Salary Increase
Search thousands of open positions to find your next opportunity.
Search Job Openings
For Employers
Individualize employee pay based on unique job requirements and personal qualifications.
Adjust Employee Salary
Get the latest market price for benchmark jobs and jobs in your industry.
Price My Industry Jobs
FAQ about Commercial Underwriter
1. What industry pays the highest salary for Commercial Underwriter?
The Financial Services industry offers the highest average compensation for Commercial Underwriter roles,
with salaries approximately 30% above the market median.
Where Does Our Salary Data Come From?
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
