How much does a Commercial Underwriter make? The average Commercial Underwriter salary is $56,763 as of June 27, 2024, but the salary range typically falls between $51,048 and $63,588. 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
WCF Insurance - Aurora , CO
The underwriting department has an immediate opening for someone who can demonstrate the WCF values to join their team as a full-time Commercial Underwriter in Colorado working on Utah policies ...
ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 4 days ago
Seacoast Bank - Miami , FL
CRE Underwriters support the revenue growth and asset quality of the commercial lending line of business by participating in new client relationship development activities, functioning as part of the ...
ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 11 days ago
Harrison Gray Search - Dallas , TX
A Commercial Underwriter, reporting to the Commercial Underwriting Leader, will underwrite all coverages and classes on an admitted and non-admitted basis. The role is based in Westlake, TX, with ...
LinkedIn - 13 days ago
Harrison Gray Search & Consulting - Dallas , TX
A Commercial Underwriter, reporting to the Commercial Underwriting Leader, will underwrite all coverages and classes on an admitted and non-admitted basis. The role is based in Westlake, TX, with ...
ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 17 days ago
THIRD COAST BANK - Houston , TX
The Senior Underwriter will be a contributing member of the Commercial Underwriting team and will be viewed as a subject matter expert in a variety of industries and loan structures. This individual ...
ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 12 days ago
South Bay Search - Scottsdale , AZ
If you are a current commercial underwriter with broker relationships and interest specializing in Media. * Strong relationships with wholesale broker relationships preferred * B.A./B.S degree from ...
ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 10 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 June 27, 2024. 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 $70,954
Washington, DC $63,177
Miami, FL $54,776
Chicago, IL $59,544
Boston, MA $63,631
New York, NY $66,299
Dallas, TX $56,025
If you'd like know Commercial Underwriter Salary in other cities, then please select a city in

Average Base Salary

Core compensation

 
 
 
51048
63588
56763

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
53346
66329
58893
What is the average salary for Commercial Underwriter in 2024?
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 $51,048 to $63,588 with the average base salary of $56,763. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $53,346 to $66,329 with the average total cash compensation of $58,893.
Average Salary Average Salary Range
Base Salary $56,763 $51,048 - $63,588
Bonus $2,130 $2,298 - $2,741
Total Pay $58,893 $53,346 - $66,329
* 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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51048
63588

 

What's the difference between Senior Commercial Underwriter and Commercial Underwriter?
According to our latest salary estimation on June 27, 2024. The average salary of Commercial Underwriter is $56,763, and the average salary of Senior Commercial Underwriter is $59,093. The average salary of Senior Commercial Underwriter is higher than Commercial Underwriter. ( 2024-06-27 salary.com )
I am a Commercial Underwriter, which location’s salary is higher, Auburn, AL or Bentonville, AR?
Bentonville, AR typically sees higher pay than Auburn, AL for Commercial Underwriter. a Commercial Underwriter Salary in Bentonville, AR is $51,314 as of June 27, 2024; a Commercial Underwriter Salary in Auburn, AL is $50,065 as of June 27, 2024. ( 2024-06-27 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. ( 2024-06-27 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 ( 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 )

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Last Update: June 27, 2024