How much does an Underwriter make? The average Underwriter salary is $95,617 as of April 24, 2024, but the salary range typically falls between $85,115 and $109,936. 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
C. Winchell Agency, Inc. - Morris County , NJ
Treaty Underwriter / Senior Treaty Underwriter Property & Casualty Insurance Industry Morris County, NJ Leading reinsurance company, part of a legacy that originated over 80 years ago, is seeking an ...
LinkedIn - 3 days ago
MRINetwork Jobs - Oakville , CT
Our carrier client has an opportunity for a Senior Production Underwriter to join their Contract Binding team to achieve profitable growth within the company's risk profile while maintaining an ...
ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 2 days ago
A-Line Staffing Solutions - Hartford , CT
The Analyst-Underwriter would be working for a Fortune 500 company and has career growth potential. This would be full time / 40+ hours per week. If you are interested in this position, please ...
ZipRecruiter - 3 days ago
First Harvest Credit Union - Woodbury , NJ
Underwriter II Department: Lending Full-Time Deptford, NJ Job Summary: Responsible for evaluating all loan applications received in person, by mail, fax or web to determine eligibility following all ...
ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 3 days ago
FreeStar Financial Credit Union - Sterling Heights , MI
FreeStar Financial Credit Union is looking for a dynamic Mortgage Lending Underwriter. If you would love to use your skills in analyzing and underwriting loans , this may be the right role for you
ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 4 days ago
Quincy Mutual Group - Quincy , MA
Role could be filled at Assistant Underwriter II, Assistant Underwriter III, or Senior Assistant Underwriter I depending on selected candidate's skills, experience, and knowledge. This position ... Standard Distribution - 5 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 April 24, 2024. 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 $119,521
Washington, DC $106,421
Miami, FL $92,270
Chicago, IL $100,302
Boston, MA $107,186
New York, NY $111,680
Dallas, TX $94,374
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 2024?
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 $85,115 to $109,936 with the average base salary of $95,617. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $89,704 to $120,153 with the average total cash compensation of $102,182.
Average Salary Average Salary Range
Base Salary $95,617 $85,115 - $109,936
Bonus $6,565 $4,589 - $10,218
Total Pay $102,182 $89,704 - $120,153
* 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 Underwriter I and Underwriter?
According to our latest salary estimation on April 24, 2024. The average salary of Underwriter is $95,617, and the average salary of Underwriter I is $61,179. The average salary of Underwriter I is lower than Underwriter. ( 2024-04-24 )
I am an Underwriter, which location’s salary is higher, San Bernardino, CA or Arlington, MA?
Arlington, MA typically sees higher pay than San Bernardino, CA for Underwriter. an Underwriter Salary in Arlington, MA is $107,186 as of April 24, 2024; an Underwriter Salary in San Bernardino, CA is $100,971 as of April 24, 2024. ( 2024-04-24 )
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. ( 2024-04-24 )
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 ( 2024-04-24 )
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. ( 2024-04-24 )

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Last Update: April 24, 2024