Underwriter Salary in Fargo, North Dakota

How much does an Underwriter make in Fargo, ND?

As of April 01, 2025, the average annual salary for an Underwriter in Fargo, ND is $94,549. According to Salary.com, salaries can range from a low of $74,695 to a high of $121,631, with most professionals earning between $84,157 and $108,725.

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Salary range for an Underwriter

$84,157 to $108,725

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Underwriter

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Job Openings for Underwriter in Fargo, ND

What does an Underwriter do?

Common responsibilities of an Underwriter

Evaluates new business submissions, renewals, and policy change requests for their book of business resulting in underwriting decisions within their authority or recommendations for decisions exceeding their authority.

November 24, 2022

Assists the Quality Control Department and the Post-Closing Department in obtaining missing documentation needed in order to render a loan saleable in the secondary market.

December 31, 2022

Provides primary communication and direction for all processing requirements including policy issuance instruction, endorsement requests, billing requirements and audit review.

February 11, 2023

Demonstrates continual learning by attending industry seminars, webinars and other training programs.

February 22, 2023

Review and evaluate loan documents to ensure accuracy, completeness, and compliance with company standards, federal and agency standards and guidelines, as well as any applicable state-specific and or local regulations, ordinances, etc.

March 12, 2023

Works closely with Account Managers, Lending Officers & Management to answer specific loan questions or verify condition and documentation request.

April 05, 2023

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Underwriter Salary By Experience Levels in Fargo, ND

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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.

Underwriter Salary By Level of Education in Fargo, ND

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LEVEL OF EDUCATION

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Average Salary Range for Underwriter in Fargo, ND

Average Base Salary

Core compensation

84157

108725

94549

Average Total Cash Compensation

Includes base and annual incentives

88697

118834

101048

What is the average salary for Underwriter in 2025?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Underwriter in Fargo, ND. The base salary for Underwriter ranges from $84,157 to $108,725 with the average base salary of $94,549. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $88,697 to $118,834 with the average total cash compensation of $101,048.

View Average Salary for Underwriter as table

	Average Salary	Average Salary Range
Base Salary	$94,549	$84,157 - $108,725
Bonus	$6,499	$4,540 - $10,110
Total Pay	$101,048	$88,697 - $118,834

* 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.

Underwriter Salary Near Fargo, ND

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Fargo, ND
CITY, STATE West Fargo, ND	AVERAGE SALARY RANGE $84,157 - $108,725	COMPARE TO Fargo, ND 0%
CITY, STATE Grand Forks, ND	AVERAGE SALARY RANGE $82,216 - $106,218	COMPARE TO Fargo, ND
CITY, STATE Aberdeen, SD	AVERAGE SALARY RANGE $72,338 - $93,456	COMPARE TO Fargo, ND
CITY, STATE Watertown, SD	AVERAGE SALARY RANGE $78,037 - $100,819	COMPARE TO Fargo, ND
CITY, STATE Saint Cloud, MN	AVERAGE SALARY RANGE $86,237 - $111,413	COMPARE TO Fargo, ND
CITY, STATE Bismarck, ND	AVERAGE SALARY RANGE $86,936 - $112,316	COMPARE TO Fargo, ND

See salaries for Underwriter in locations close to Fargo, ND. 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 Fargo, North Dakota

Fargo is a core city of the Fargo-Moorhead metropolitan area, which also includes Moorhead, West Fargo, and Dilworth as well as outlying communities. Fargo sits on the western bank of the Red River of the North in a flat geographic region known as the Red River Valley. The Red River Valley resulted from the withdrawal of glacial Lake Agassiz, which drained away about 9,300 years ago. The lake sediments deposited from Lake Agassiz made the land around Fargo some of the richest in the world for agricultural uses. Fargo's largest challenge is the seasonal floods due to the rising water of the Red...

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

View Salary for Similar Jobs to Underwriter in Fargo, ND

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JOB TITLE	LOCATION	MINIMUM SALARY	MAXIMUM SALARY
JOB TITLE Underwriter I	LOCATION Fargo, ND	MINIMUM SALARY $51,770	MAXIMUM SALARY $64,950
JOB TITLE Underwriter II	LOCATION Fargo, ND	MINIMUM SALARY $61,560	MAXIMUM SALARY $74,237
JOB TITLE Underwriter III	LOCATION Fargo, ND	MINIMUM SALARY $81,571	MAXIMUM SALARY $97,545
JOB TITLE Underwriter IV	LOCATION Fargo, ND	MINIMUM SALARY $97,332	MAXIMUM SALARY $112,526
JOB TITLE Underwriter V	LOCATION Fargo, ND	MINIMUM SALARY $114,808	MAXIMUM SALARY $143,194
JOB TITLE Health Underwriter	LOCATION Fargo, ND	MINIMUM SALARY $61,560	MAXIMUM SALARY $74,237

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