How much does an Underwriter make? The average Underwriter salary is $65,800 as of September 26, 2022, but the salary range typically falls between $57,409 and $78,014. 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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Jobs with a similar salary range to Underwriter : Multidisciplinary Designer

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Job Openings for Underwriter
James River Insurance Company - Richmond , VA
Senior Underwriter * Bachelors Degree or equivalent work experience * Minimum of 5 years underwriting experience, preferably in Excess and Surplus lines * Professional designation is preferred ...
ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 12 days ago
Berkley - Glen Allen , VA
The Associate Underwriter works within a production underwriting team to produce commercial insurance products for selected retail agency partners. The products provided are Commercial General ... - 27 days ago
Sanford Rose Associates - Lake Lanier Islands - Arlington , VA
Our Client has an immediate opening for a Senior Multifamily Underwriter to work in the metro Arlington VA area. You will be working a hybrid schedule - 2 days in the office, 3 days remote. As part ...
ZipRecruiter - 45 days ago
The Senior Underwriter will work in a team setting generating, underwriting and analyzing accounts for development of new and renewal Professional Lines business. * Compliance with underwriting ... - 39 days ago
Great American Insurance Group - Glen Allen , VA
The role of this position is to produce, underwrite and manage a profitable book of Fidelity/Crime business within an assigned territory of producers located in the states of VA, NC, SC, MD, DE, PA ...
LinkedIn - 26 days ago
Under Underwriter direction, attached appropriate forms and makes policy changes as requested; * Establish, support, and maintain effective relationships and/or regular contact with clients and build ...
Lensa - 40 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 September 26, 2022. 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 $82,250
Washington, DC $73,249
Miami, FL $64,057
Chicago, IL $69,807
Boston, MA $74,137
New York, NY $79,158
Dallas, TX $65,373
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 2022?
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 $57,409 to $78,014 with the average base salary of $65,800. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $57,409 to $78,014 with the average total cash compensation of $65,800.
Average Salary Average Salary Range
Base Salary $65,800 $57,409 - $78,014
Bonus $0 $0 - $0
Total Pay $65,800 $57,409 - $78,014
* 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 September 26, 2022. The average salary of Underwriter is $65,800, and the average salary of Underwriter I is $57,579. The average salary of Underwriter I is lower than Underwriter. ( 2022-09-26 )
I am an Underwriter, which location’s salary is higher, Rio Rancho, NM or Gillette, WY?
Rio Rancho, NM typically sees higher pay than Gillette, WY for Underwriter. an Underwriter Salary in Rio Rancho, NM is $61,405 as of September 26, 2022; an Underwriter Salary in Gillette, WY is $58,217 as of September 26, 2022. ( 2022-09-26 )
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. ( 2022-09-26 )
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 ( 2022-09-26 )
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. ( 2022-09-26 )

Last Update: September 26, 2022