Junior Underwriter Salary in Lexington, Kentucky

How much does a Junior Underwriter make in Lexington, KY?

As of April 01, 2025, the average annual salary for a Junior Underwriter in Lexington, KY is $57,336. Salary.com reports that pay typically ranges from $49,778 to $67,380, with most professionals earning between $42,896 and $76,525.

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Salary range for a Junior Underwriter

$49,778 to $67,380

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Junior Underwriter

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Job Openings for Junior Underwriter in Lexington, KY

What does a Junior Underwriter do?

Common responsibilities of a Junior Underwriter

Review all underwriting information to include applications, photographs, elevation certificates and third-party internet resources to correctly underwrite the policy.

February 04, 2023

Acts as backup for Loan Document Department including reviewing all executed loan documentation for the purpose of preparing funding package for Funding Department.

March 07, 2023

Runs pre-defined statistical reports for underwriting managers and sets up and issues policies per underwriter instructions.

April 04, 2023

Communicate orally and in writing the factors to determine underwriting decisions to both internal and external customers and partners.

April 05, 2023

Enters new business applications, initiates renewal application processes, processes term letters and distributes applications to support the underwriting process.

April 13, 2023

Follows all Bank policies and procedures, compliance regulations, and completes all required annual or job-specific training.

April 27, 2023

Assist in additional tasks as needed, including exception tracking and clearing, preparing and/or testing client covenant compliance, and assisting in the preparation and monitoring of ongoing financial and collateral reporting requirements.

May 09, 2023

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Junior Underwriter Salary By Experience Levels in Lexington, KY

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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.

Junior Underwriter Salary By Level of Education in Lexington, KY

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LEVEL OF EDUCATION

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Average Salary Range for Junior Underwriter in Lexington, KY

Average Base Salary

Core compensation

49778

67380

57336

Average Total Cash Compensation

Includes base and annual incentives

51423

70581

59425

What is the average salary for Junior Underwriter in 2025?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Junior Underwriter in Lexington, KY. The base salary for Junior Underwriter ranges from $49,778 to $67,380 with the average base salary of $57,336. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $51,423 to $70,581 with the average total cash compensation of $59,425.

View Average Salary for Junior Underwriter as table

	Average Salary	Average Salary Range
Base Salary	$57,336	$49,778 - $67,380
Bonus	$2,089	$1,646 - $3,200
Total Pay	$59,425	$51,423 - $70,581

* 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.

Junior Underwriter Salary Near Lexington, KY

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Lexington, KY
CITY, STATE Richmond, KY	AVERAGE SALARY RANGE $49,332 - $66,776	COMPARE TO Lexington, KY
CITY, STATE Frankfort, KY	AVERAGE SALARY RANGE $49,160 - $66,543	COMPARE TO Lexington, KY
CITY, STATE Louisville, KY	AVERAGE SALARY RANGE $51,423 - $69,608	COMPARE TO Lexington, KY
CITY, STATE Covington, KY	AVERAGE SALARY RANGE $52,251 - $70,729	COMPARE TO Lexington, KY
CITY, STATE Cincinnati, OH	AVERAGE SALARY RANGE $52,251 - $70,729	COMPARE TO Lexington, KY
CITY, STATE Hamilton, OH	AVERAGE SALARY RANGE $52,036 - $70,437	COMPARE TO Lexington, KY

See salaries for Junior Underwriter in locations close to Lexington, KY. 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 Lexington, Kentucky

Lexington, consolidated with Fayette County and often denoted as Lexington-Fayette, is the second-largest city in Kentucky and the 60th-largest city in the United States. By land area, Lexington is the 28th largest city in the United States. Known as the "Horse Capital of the World," it is the heart of the state's Bluegrass region. It has a nonpartisan mayor-council form of government, with 12 council districts and three members elected at large, with the highest vote-getter designated vice mayor. In the 2017 U.S. Census Estimate, the city's population was 321,959, anchoring a metropolitan are...

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

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