Lead Underwriter Salary in Grand Rapids, Michigan

How much does a Lead Underwriter make in Grand Rapids, MI?

As of April 01, 2025, the average annual salary for a Lead Underwriter in Grand Rapids, MI is $93,901. According to Salary.com, salaries can range from a low of $74,183 to a high of $120,797, with most professionals earning between $83,580 and $107,979.

Search Lead Underwriter Jobs in Grand Rapids, MI

Develop a Job description

Pay Equity

2024 Compensation Trend

Benefits Consulting

Salary range for an Lead Underwriter

$83,580 to $107,979

Employers: Find Surveys For This Job

Employers: Price Your Company Jobs

View Average Salary for United States
Adjust Lead Underwriter Salary:
Select State
Select City in MI
Choose Similar Job
Pick Related Category
View Cost of Living in Grand Rapids, Michigan

Facing Salary Structure Challenges? Let Our Expert Guide You

The job market is increasingly challenging. Our whitepaper, Navigating the Challenges of Creating Salary Structures, offers guidance on creating salary structures. Provide your phone number and work email to download the full version.

We will handle your contact details in line with our Privacy Policy. If you prefer not to receive marketing emails from Salary.com, you can opt-out out of marketing communications at any time by clicking unsubscribe.

Lead Underwriter

Review the job openings and experience requirements for the Lead Underwriter job to confirm that it is the job you are seeking.

See user submitted job responsibilities for Lead Underwriter.

Search Lead Underwriter Job Openings

Job Openings for Lead Underwriter in Grand Rapids, MI

What does a Lead Underwriter do?

Common responsibilities of a Lead Underwriter

Provide ongoing business unit training for underwriters, analysts and team leaders to maintain full adherence to, and compliance with, all credit policies, procedures, operations and regulations.

February 06, 2023

Evaluate acceptability of loan to corporations that buy real estate loans on secondary mortgage markets, where existing mortgages are bought and sold by investors.

March 27, 2023

Submit Other Responsibilities

Not the job you're looking for? Search more salaries here:

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

Detailed skills and competency reports for specific positions
Job and employee pricing reports
Compensation data tools, salary structures, surveys and benchmarks.

Learn about

Lead Underwriter Salary By Experience Levels in Grand Rapids, MI

How much should you be earning in Lead Underwriter in Grand Rapids, MI based on your current experience?

Tell us how much experience you have and see an estimate of earnings and view how different experience leavels impact potential pay for Lead Underwriter in Grand Rapids, MI

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.

Lead Underwriter Salary By Level of Education in Grand Rapids, MI

Do you know how much should you be paid for a Lead Underwriter position in Grand Rapids, MI based on your education level?

Tell us about your education and see an estimate of earnings for Lead Underwriter in Grand Rapids, MI and well to know the impact of education on future careers.

LEVEL OF EDUCATION

Depending on the job, educational levels may have a significant impact on pay levels. Be informed and understand how things like education and certifications can help to increase potential earnings for the career you are interested in. Please visit Professional Salary Report for more details.

Average Salary Range for Lead Underwriter in Grand Rapids, MI

Average Base Salary

Core compensation

83580

107979

93901

Average Total Cash Compensation

Includes base and annual incentives

88089

118020

100355

What is the average salary for Lead Underwriter in 2025?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Lead Underwriter in Grand Rapids, MI. The base salary for Lead Underwriter ranges from $83,580 to $107,979 with the average base salary of $93,901. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $88,089 to $118,020 with the average total cash compensation of $100,355.

View Average Salary for Lead Underwriter as table

	Average Salary	Average Salary Range
Base Salary	$93,901	$83,580 - $107,979
Bonus	$6,455	$4,509 - $10,040
Total Pay	$100,355	$88,089 - $118,020

* 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.

Lead Underwriter Salary Near Grand Rapids, MI

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Grand Rapids, MI
CITY, STATE Wyoming, MI	AVERAGE SALARY RANGE $83,580 - $107,979	COMPARE TO Grand Rapids, MI 0%
CITY, STATE Muskegon, MI	AVERAGE SALARY RANGE $81,106 - $104,783	COMPARE TO Grand Rapids, MI
CITY, STATE Kalamazoo, MI	AVERAGE SALARY RANGE $84,620 - $109,323	COMPARE TO Grand Rapids, MI
CITY, STATE Battle Creek, MI	AVERAGE SALARY RANGE $85,573 - $110,554	COMPARE TO Grand Rapids, MI
CITY, STATE Lansing, MI	AVERAGE SALARY RANGE $84,620 - $109,323	COMPARE TO Grand Rapids, MI
CITY, STATE Benton Harbor, MI	AVERAGE SALARY RANGE $84,401 - $109,041	COMPARE TO Grand Rapids, MI

See salaries for Lead Underwriter in locations close to Grand Rapids, MI. 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 Grand Rapids, Michigan

Grand Rapids is the second-largest city in Michigan, and the largest city in West Michigan. It is on the Grand River about 30 miles (48 km) east of Lake Michigan. As of the 2010 census, the city population was 188,040. In 2010, the Grand Rapids metropolitan area had a population of 1,005,648, and the combined statistical area of Grand Rapids-Muskegon-Holland had a population of 1,321,557. Grand Rapids is the county seat of Kent County. A historic furniture-manufacturing center, Grand Rapids is home to five of the world's leading office furniture companies, and is nicknamed Furniture City. Its ...

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

View Salary for Similar Jobs to Lead Underwriter in Grand Rapids, MI

See Additional Similar Jobs

Loading results...

JOB TITLE	LOCATION	MINIMUM SALARY	MAXIMUM SALARY
JOB TITLE Underwriter IV	LOCATION Grand Rapids, MI	MINIMUM SALARY $96,665	MAXIMUM SALARY $111,755
JOB TITLE Mortgage Underwriter Team Lead	LOCATION Grand Rapids, MI	MINIMUM SALARY $87,322	MAXIMUM SALARY $122,411
JOB TITLE Underwriter (P/C) IV	LOCATION Grand Rapids, MI	MINIMUM SALARY $96,673	MAXIMUM SALARY $111,766
JOB TITLE Mortgage Underwriter IV	LOCATION Grand Rapids, MI	MINIMUM SALARY $99,639	MAXIMUM SALARY $111,335
JOB TITLE Specialist Mortgage Underwriter	LOCATION Grand Rapids, MI	MINIMUM SALARY $99,700	MAXIMUM SALARY $111,400
JOB TITLE Insurance Underwriter IV	LOCATION Grand Rapids, MI	MINIMUM SALARY $96,700	MAXIMUM SALARY $111,800

The Lead 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 Grand Rapids, MI that might be a good fit for the type of job and salary you are looking for.

Discover how your pay is adjusted for skills, experience, and other factors

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.