Underwriter Salary in Knoxville, Tennessee

How much does an Underwriter make in Knoxville, TN?

As of April 01, 2025, the average annual salary for an Underwriter in Knoxville, TN is $90,110. According to Salary.com, salaries can range from a low of $71,188 to a high of $115,921, with most professionals earning between $80,205 and $103,620.

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Salary range for an Underwriter

$80,205 to $103,620

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Underwriter

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Job Openings for Underwriter in Knoxville, TN

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 Knoxville, TN

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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 Knoxville, TN

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LEVEL OF EDUCATION

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Average Salary Range for Underwriter in Knoxville, TN

Average Base Salary

Core compensation

80205

103620

90110

Average Total Cash Compensation

Includes base and annual incentives

84532

113255

96304

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 Knoxville, TN. The base salary for Underwriter ranges from $80,205 to $103,620 with the average base salary of $90,110. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $84,532 to $113,255 with the average total cash compensation of $96,304.

View Average Salary for Underwriter as table

	Average Salary	Average Salary Range
Base Salary	$90,110	$80,205 - $103,620
Bonus	$6,194	$4,327 - $9,635
Total Pay	$96,304	$84,532 - $113,255

* 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 Knoxville, TN

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Knoxville, TN
CITY, STATE Asheville, NC	AVERAGE SALARY RANGE $80,354 - $103,812	COMPARE TO Knoxville, TN
CITY, STATE Johnson City, TN	AVERAGE SALARY RANGE $76,604 - $98,967	COMPARE TO Knoxville, TN
CITY, STATE Kingsport, TN	AVERAGE SALARY RANGE $76,892 - $99,340	COMPARE TO Knoxville, TN
CITY, STATE Chattanooga, TN	AVERAGE SALARY RANGE $79,296 - $102,446	COMPARE TO Knoxville, TN
CITY, STATE Greenville, SC	AVERAGE SALARY RANGE $80,896 - $104,512	COMPARE TO Knoxville, TN
CITY, STATE Richmond, KY	AVERAGE SALARY RANGE $80,197 - $103,609	COMPARE TO Knoxville, TN

See salaries for Underwriter in locations close to Knoxville, TN. 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 Knoxville, Tennessee

Knoxville is a city in the U.S. state of Tennessee, and the county seat of Knox County. The city had an estimated population of 186,239 in 2016 and a population of 178,874 as of the 2010 census, making it the state's third largest city after Nashville and Memphis. Knoxville is the principal city of the Knoxville Metropolitan Statistical Area, which, in 2016, was 868,546, up 0.9 percent, or 7,377 people, from to 2015. The KMSA is, in turn, the central component of the Knoxville-Sevierville-La Follette Combined Statistical Area, which, in 2013, had a population of 1,096,961. First settled in 178...

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

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JOB TITLE	LOCATION	MINIMUM SALARY	MAXIMUM SALARY
JOB TITLE Underwriter I	LOCATION Knoxville, TN	MINIMUM SALARY $49,339	MAXIMUM SALARY $61,901
JOB TITLE Underwriter II	LOCATION Knoxville, TN	MINIMUM SALARY $58,670	MAXIMUM SALARY $70,751
JOB TITLE Underwriter III	LOCATION Knoxville, TN	MINIMUM SALARY $77,742	MAXIMUM SALARY $92,965
JOB TITLE Underwriter IV	LOCATION Knoxville, TN	MINIMUM SALARY $92,762	MAXIMUM SALARY $107,243
JOB TITLE Underwriter V	LOCATION Knoxville, TN	MINIMUM SALARY $109,417	MAXIMUM SALARY $136,471
JOB TITLE Health Underwriter	LOCATION Knoxville, TN	MINIMUM SALARY $58,670	MAXIMUM SALARY $70,751

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