Commercial Underwriter Salary in Miami, FL

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How much does a Commercial Underwriter make in Miami, FL? The average Commercial Underwriter salary in Miami, FL is $54,401 as of March 26, 2024, but the salary range typically falls between $48,920 and $60,935. 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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Salary range for an Commercial Underwriter

$48,920 to $60,935

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Commercial Underwriter

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Job Openings for Commercial Underwriter in Miami, FL

Commercial Underwriter

Truity Partners - Fond du Lac County , WI

Commercial Underwriter (39493) Our client is an organization in the Fond du Lac County area looking for a Commercial Underwriter. This company is looking for someone with underwriting experience ...

LinkedIn - 4 days ago

Automotive Commercial Underwriter

Stellantis Financial Services US - Dallas , TX

Job Summary The Automotive Commercial Underwriter will complete financial analysis for floorplan acquisitions and other associated commercial lending, including real estate. Responsible for facets of ...

LinkedIn - 13 days ago

Commercial Underwriter

Safepoint MGA, LLC - Temple Terrace , FL

Offices in Tampa, FL OR office in Metairie, LA Job Summary The Commercial Underwriter I is responsible for underwriting, quoting and selling small business risks through agency partners, and in the ...

ZipRecruiter - 19 days ago

Commercial Underwriter , UT

WCF Insurance - Sandy , UT

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 - UT, reporting to the Underwriting ...

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 20 days ago

Commercial Underwriter (On-Site)

Citizens First Bank - The Villages , FL

The Commercial Underwriter conducts commercial credit investigations and analyzes credit information, maintains financial background information on present and prospective customers, and prepares ...

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 60 days ago

Trainee to Senior Underwriter

First Insurance Company of Hawaii - Honolulu , HI

Minimum 6 months of multi-line Commercial Underwriting experience * Basic understanding in at least 2 major lines of FICOH business or the ability to underwrite any 1 major line of FICOH business (WC ...

LinkedIn - 6 days ago

What does a Commercial Underwriter do?

Common responsibilities of a Commercial Underwriter

Develop a thorough understanding of all Constructive Loans product and program underwriting guidelines, documentation requirements and processing, underwriting, closing and post-closing procedures.

November 09, 2022

Handle underwriting decisions on new business, renewals and referrals that fall outside the guidelines and within delegated authority levels.

February 06, 2023

Provides support to Commercial Bankers, Bank executives, loan officers, retail bankers, loan administrators and/or process administrators by answering queries and providing training on basic lending issues.

February 19, 2023

Monitor exposure of individual risks by the review of pictures, inspections, claims, consumer reports, renewal surveys, audits and communications with Farm Bureau Insurance agents.

March 22, 2023

Demonstrated knowledge of commercial lines underwriting, risk management and agency management to include technical principles of rating and pricing commercial lines business based upon individual risk criteria to promote underwriting profitability.

April 04, 2023

Prepares business case memos and participates in business case discussions, subsequent meetings with bank management, industry specialists, and other interested parties.

April 07, 2023

Evaluates strengths and weaknesses of the credit and escalates risks and other issues to MCU and/or RM or PM (Portfolio Manager).

April 16, 2023

Understands and uses financial information, tools and expense management principles to accomplish day-to-day work and maximize profitability.

April 28, 2023

Review and analyze all documents within or associated with the underwriting file to establish accuracy in identification and minimizing the risk of exposure, utilizing change requests, claim information, loss control and outside databases to identify changes in exposure to risk.

May 21, 2023

Assist Commercial Relationship Managers (RMs) in managing workflow via a pipeline process with regard to the prioritization of new prospects, modifications, renewals/upcoming maturities, as well as Portfolio Reviews and Special Asset Reports while developing a working knowledge of all prospective opportunities through the process.

May 21, 2023

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Commercial Underwriter Salary By Experience Levels in Miami, FL

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RELEVANT JOB EXPERIENCE

Length of experience is a pay differentiator. Those with greater experience may have an advantage in negotiating salary. For those with less experience, other factors such as education or special skills could impact your pay. Please visit Professional Salary Report for more details.

Commercial Underwriter Salary By Level of Education in Miami, FL

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LEVEL OF EDUCATION

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Average Salary Range for Commercial Underwriter in Miami, FL

Average Base Salary

Core compensation

48920

60935

54401

Average Total Cash Compensation

Includes base and annual incentives

51121

63565

56437

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 Miami, FL. The base salary for Commercial Underwriter ranges from $48,920 to $60,935 with the average base salary of $54,401. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $51,121 to $63,565 with the average total cash compensation of $56,437.

View Average Salary for Commercial Underwriter as table

	Average Salary	Average Salary Range
Base Salary	$54,401	$48,920 - $60,935
Bonus	$2,037	$2,200 - $2,630
Total Pay	$56,437	$51,121 - $63,565

* 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.

Commercial Underwriter Salary Near Miami, FL

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Miami, FL
CITY, STATE Hialeah, FL	AVERAGE SALARY RANGE $48,971 - $60,999	COMPARE TO Miami, FL
CITY, STATE Hollywood, FL	AVERAGE SALARY RANGE $49,230 - $61,321	COMPARE TO Miami, FL
CITY, STATE Pembroke Pines, FL	AVERAGE SALARY RANGE $48,910 - $60,923	COMPARE TO Miami, FL
CITY, STATE Fort Lauderdale, FL	AVERAGE SALARY RANGE $49,230 - $61,321	COMPARE TO Miami, FL
CITY, STATE Coconut Creek, FL	AVERAGE SALARY RANGE $49,230 - $61,321	COMPARE TO Miami, FL
CITY, STATE Boca Raton, FL	AVERAGE SALARY RANGE $49,896 - $62,150	COMPARE TO Miami, FL

See salaries for Commercial Underwriter in locations close to Miami, FL. Pay for the same job may vary based on the location and on the location and on other factors such as the size of company, the industry, and other local conditions.

About Miami, Florida

Miami, officially the City of Miami, is the cultural, economic and financial center of South Florida. Miami is the seat of Miami-Dade County, the most populous county in Florida. The city covers an area of about 56.6 square miles (147 km2), between the Everglades to the west and Biscayne Bay on the east; with a 2017 estimated population of 463,347, Miami is the sixth most densely populated major city in the United States. The Miami metropolitan area is home to 6.1 million people and the seventh-largest metropolitan area in the nation. Miami's metro area is the second-most populous metropolis i...

Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia

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JOB TITLE Senior Commercial Underwriter	LOCATION Miami, FL	MINIMUM SALARY $50,554	MAXIMUM SALARY $64,234
JOB TITLE Commercial Lines Underwriter	LOCATION Miami, FL	MINIMUM SALARY $66,051	MAXIMUM SALARY $85,132
JOB TITLE Commercial Credit Underwriter	LOCATION Miami, FL	MINIMUM SALARY $54,056	MAXIMUM SALARY $68,028
JOB TITLE Commercial Field Underwriter	LOCATION Miami, FL	MINIMUM SALARY $83,981	MAXIMUM SALARY $108,407
JOB TITLE Commercial Loan Underwriter	LOCATION Miami, FL	MINIMUM SALARY $83,502	MAXIMUM SALARY $112,629
JOB TITLE Commercial Insurance Underwriter	LOCATION Miami, FL	MINIMUM SALARY $123,468	MAXIMUM SALARY $171,843

The Commercial Underwriter job could be listed using titles that are not exactly the same, but actually are for the same or very similar job. Here are some job titles in Miami, FL that might be a good fit for the type of job and salary you are looking for.

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48920

60935

About Miami, Florida Miami, officially the City of Miami, is the cultural, economic and financial center of South Florida. Miami is the seat of Miami-Dade County, the most....More

Miami, Florida area prices were up 2.9% from a year ago

Commercial Underwriter Salary in popular cities: Jacksonville, Tampa, Saint Petersburg

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Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap, Job Openings for This Role

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