How much does an Underwriter make? The average Underwriter salary is $63,882 as of August 27, 2021, but the salary range typically falls between $55,733 and $75,744. 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
Well-established P&C client is seeking a PSL Underwriter with 3-5 years of property/casualty insurance underwriting. This individual will underwrite new and renewal business in accordance with all ...
DW Simpson - 2 days ago
Growing insurance company is seeking a talented Underwriter who will assist in managing and processing new and renewal business in accordance with company underwriting guidelines, procedures, and ...
DW Simpson - 2 days ago
Jobot - Mesa , AZ
Underwriter Needed For Financially Stable Growing Company!!! This Jobot Job is hosted by: Matt Swaneveld Are you a fit? Easy Apply now by clicking the "Apply Now" button and sending us your resume
Jobot - 9 days ago
Jobot - San Diego , CA
Junior Underwriter (REMOTE) This Jobot Job is hosted by: Eli Mandelbaum Are you a fit? Easy Apply now by clicking the "Apply Now" button and sending us your resume. Salary: $65,000 - $80,000 per year ...
Jobot - 11 days ago
Performance Food Group - La Crosse , WI
The Underwriter will review, analyze and approve credit terms and credit limits to potential and existing commercial customers on applications presented by the Opco Sales Force at projected KPI ...
Performance Food Group - 36 days ago
PNC Financial Services Group - Cincinnati , OH
As an Underwriter within PNC's Agency Finance organization, you will be based in Cincinnati or Pittsburgh. Consideration will be given for qualified applicants in other PNC markets as well. This ...
PNC - 35 days ago

Underwriter Salary in Major Cities

This chart shows the salary comparison for Underwriter between major cities. San Francisco City consistently ranks #1 as of August 27, 2021. Click on the chart to see the detail salary data for Underwriter in each city.
Click to see the salary for Underwriter in these major U.S. cities.
City Name Average Salary
San Francisco, CA $79,853
Washington, DC $71,114
Miami, FL $62,190
Chicago, IL $67,772
Boston, MA $71,976
New York, NY $76,850
Dallas, TX $63,467
If you'd like know Underwriter 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 in 2021?
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Underwriter in the United States. The base salary for Underwriter ranges from $55,733 to $75,744 with the average base salary of $63,882. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $55,733 to $75,744 with the average total cash compensation of $63,882.
Average Salary Average Salary Range
Base Salary $63,882 $55,733 - $75,744
Bonus $0 $0 - $0
Total Pay $63,882 $55,733 - $75,744
* 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, 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 Health Underwriter and Underwriter?
According to our latest salary estimation on August 27, 2021. The average salary of Underwriter is $63,882, and the average salary of Health Underwriter is $61,919. The average salary of Health Underwriter is lower than Underwriter. ( 2021-08-27 )
I am an Underwriter, which location’s salary is higher, Meridian, ID or Killeen, TX?
Meridian, ID typically sees higher pay than Killeen, TX for Underwriter. an Underwriter Salary in Meridian, ID is $59,428 as of August 27, 2021; an Underwriter Salary in Killeen, TX is $57,956 as of August 27, 2021. ( 2021-08-27 )
Why does the salary of an 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. ( 2021-08-27 )
What are the Pay Factors for Underwriter?
Salary ranges for an 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 ( 2021-08-27 )
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. ( 2021-08-27 )

Last Update: August 27, 2021