How much does an Underwriter III make? The average Underwriter III salary is $87,655 as of June 28, 2021, but the salary range typically falls between $72,931 and $98,861. 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, helps you determine your exact pay target. 

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Job Openings for Underwriter III
FM Global - Mount Vernon , VA
MBA or CPCU desirable and a minimum of 3 years of F&EC field engineering and/or 2-5 years Account Underwriting or equivalent industry exposure (broker/insurance company) as a Production Underwriter ...
FM Global - 28 days ago
CyberCoders - Richmond , VA
What You Need for this Position 3+ years' similar or related experience -Current experience underwriting conventional mortgage loans -Encompass - Nice to Have: Jumbo / NONQM Designations FHA, VA or ...
CyberCoders, Inc - 29 days ago
Remote Fully Designated Underwriter Role for VA's Top Mortgage Lender! This Jobot Job is hosted by ... We believe Partnership, Commitment & Stability are the 3 pillars that generate enough trust and ...
Jobot - 2 days ago
West Bend Mutual Insurance Company - Richmond , VA
Three years of experience in commercial multi-line underwriting * Analytical skills and attention to detail * Oral and written communication skills * Organizational skills * Interpersonal skills
Glassdoor - 6 days ago
Argo Group - Richmond , VA
One to three years underwriting experience with authority, preferably in excess and surplus lines. * Strong oral and written communication skills. * Previous insurance educational work, IIA and CPCU ...
Glassdoor - 11 days ago
Kelly - Vienna , VA
Mortgage Underwriter IV 80-120K (20% Bonus Each Month [of annualized salary]) Direct Hire | REMOTE ... and (iii) delivering a best-in-class customer experience * Verify borrower loan application ...
Kelly Services - 15 days ago

Underwriter III Salary in Major Cities

This chart shows the salary comparison for Underwriter III between major cities. San Francisco City consistently ranks #1 as of June 28, 2021. Click on the chart to see the detail salary data for Underwriter III in each city.
Click to see the salary for Underwriter III in these major U.S. cities.
City Name Average Salary
San Francisco, CA $109,569
Washington, DC $97,577
Miami, FL $85,333
Chicago, IL $92,992
Boston, MA $98,761
New York, NY $105,449
Dallas, TX $87,085
If you'd like know Underwriter III Salary in other cities, then please select a city in

Average Base Salary

Core compensation


Average Total Cash Compensation

Includes base and annual incentives

What is the average salary for Underwriter III in 2021?
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Underwriter III in the United States. The base salary for Underwriter III ranges from $72,931 to $98,861 with the average base salary of $87,655. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $76,650 to $104,384 with the average total cash compensation of $91,896.
Average Salary Average Salary Range
Base Salary $87,655 $72,931 - $98,861
Bonus $4,241 $3,719 - $5,523
Total Pay $91,896 $76,650 - $104,384
* 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. Estimate Salary Tool provides free, accurate and real-time salary for thousands of careers. Please enter the following pay factors for Underwriter III, 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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What's the difference between Underwriter (Life) III and Underwriter III?
According to our latest salary estimation on June 28, 2021. The average salary of Underwriter III is $87,655, and the average salary of Underwriter (Life) III is $91,306. The average salary of Underwriter (Life) III is higher than Underwriter III. ( 2021-06-28 )
I am an Underwriter III, which location’s salary is higher, Sitka, AK or Madison, AL?
Sitka, AK typically sees higher pay than Madison, AL for Underwriter III. an Underwriter III Salary in Sitka, AK is $95,307 as of June 28, 2021; an Underwriter III Salary in Madison, AL is $82,922 as of June 28, 2021. ( 2021-06-28 )
Why does the salary of an Underwriter III 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. ( 2021-06-28 )
What are the Pay Factors for Underwriter III?
Salary ranges for an Underwriter III 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 ( 2021-06-28 )
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.'s Personal Salary Report will analyze these factors for you to help you maximize your earning potential. ( 2021-06-28 )

Last Update: June 28, 2021