As of August 01, 2026, the average salary for a Commercial Underwriter in Sunset, SC is $57,604 per year, which breaks down to an hourly rate of $28.
However, a Commercial Underwriter's salary can vary significantly. Here’s a look at the typical salary range:
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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, skills and company size can directly affect your earning potential.
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:
| Levels | Salary |
|---|---|
| Commercia... Level Commercial Underwriter | $57,151 |
| Underwrit... Level Commercial Underwriter | $67,337 |
| Underwrit... Level Commercial Underwriter | $87,542 |
| Life Unde... Level Commercial Underwriter | $110,748 |
| Life Unde... Level Commercial Underwriter | $129,583 |
What Am I Worth?
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Analysis | 6% |
| Pricing | 2.09% |
| Knowledge of Underwriting | 1.28% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Accuracy and Attention to Detail
|
$79,494 |
38%
|
|
Managing Multiple Priorities
|
$79,494 |
38%
|
|
Office Support Tools
|
$79,494 |
38%
|
|
Credit Analysis and Verification
|
$79,494 |
38%
|
|
Negotiating
|
$75,461 |
31%
|
|
Decision Making and Critical Thinking
|
$66,245 |
15%
|
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.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Financial Services | $74,885 | $36.0 | 30% |
| Healthcare | $69,125 | $33.0 | 20% |
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.
Last Updated on August 01, 2026Ready 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.
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