How much does an Insurance Underwriter make? The average Insurance Underwriter salary is $61,639 as of March 26, 2024, but the salary range typically falls between $55,089 and $69,990. 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 Insurance Underwriter
Safesite and Foresight Insurance - Kansas City , MO
Foresight Risk and Insurance Services, Inc. ("Foresight") is looking for a Commercial Insurance Underwriter with construction experience based on the East Coast. We are seeking all levels of ...
ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 17 days ago
The Underwriter will work a hybrid schedule in our Phoenix office. They will manage a book of business and service, rate and write specialty commercial insurance policies in support of our Commercial ...
ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 24 days ago
Currently, we are seeking recent college graduate to seasoned underwriting professional. If you are seeking Challenge, Opportunity, Teamwork, Integrity, Dedication and Royalty. DB Insurance is the ...
ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 38 days ago
The Jacobson Group - Romeoville , IL
A property & casualty insurance client has a full-time opening for an Underwriter. The role of the Underwriter is to assess property and casualty risks to determine appropriate costs, terms, and ...
LinkedIn - Today
Old Republic General Insurance Group - Chicago , IL
Old Republic is primarily a commercial lines underwriter serving the insurance needs of a large number of organizations, including many of America's leading industrial and financial services ...
LinkedIn - Today
Responsibilities The Underwriter Trainee Program provides an opportunity for a participant to go ... WCF Insurance will pay the AINS testing fees. WCF INSURANCE DE&I MISSION Promote and embrace a ...
ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 8 days ago

Insurance Underwriter Salary in Major Cities

This chart shows the salary comparison for Insurance Underwriter between major cities. San Francisco City consistently ranks #1 as of March 26, 2024. Click on the chart to see the detail salary data for Insurance Underwriter in each city.
Click to see the salary for Insurance Underwriter in these major U.S. cities.
City Name Average Salary
San Francisco, CA $77,049
Washington, DC $68,604
Miami, FL $59,481
Chicago, IL $64,659
Boston, MA $69,097
New York, NY $71,994
Dallas, TX $60,837
If you'd like know Insurance Underwriter Salary in other cities, then please select a city in

Average Base Salary

Core compensation

 
 
 
55089
69990
61639

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
56827
73619
64028
What is the average salary for Insurance Underwriter in 2024?
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Insurance Underwriter in the United States. The base salary for Insurance Underwriter ranges from $55,089 to $69,990 with the average base salary of $61,639. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $56,827 to $73,619 with the average total cash compensation of $64,028.
Average Salary Average Salary Range
Base Salary $61,639 $55,089 - $69,990
Bonus $2,389 $1,738 - $3,628
Total Pay $64,028 $56,827 - $73,619
* 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 Insurance 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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55089
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What's the difference between Health Insurance Underwriter and Insurance Underwriter?
According to our latest salary estimation on March 26, 2024. The average salary of Insurance Underwriter is $61,639, and the average salary of Health Insurance Underwriter is $67,100. The average salary of Health Insurance Underwriter is higher than Insurance Underwriter. ( 2024-03-27 salary.com )
I am an Insurance Underwriter, which location’s salary is higher, Oxnard, CA or Hutchinson, KS?
Oxnard, CA typically sees higher pay than Hutchinson, KS for Insurance Underwriter. an Insurance Underwriter Salary in Oxnard, CA is $66,077 as of March 26, 2024; an Insurance Underwriter Salary in Hutchinson, KS is $56,954 as of March 26, 2024. ( 2024-03-27 salary.com )
Why does the salary of an Insurance 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. ( 2024-03-27 salary.com )
What are the Pay Factors for Insurance Underwriter?
Salary ranges for an Insurance 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 ( 2024-03-27 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. ( 2024-03-27 salary.com )

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Last Update: March 26, 2024