Underwriter Salary in Providence, Rhode Island

How much does an Underwriter make in Providence, RI?

As of March 01, 2025, the average annual salary for an Underwriter in Providence, RI is $102,743. According to Salary.com, salaries can range from a low of $81,177 to a high of $132,159, with most professionals earning between $91,455 and $118,141.

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Salary range for an Underwriter

$91,455 to $118,141

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Underwriter

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Job Openings for Underwriter in Providence, RI

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 Providence, RI

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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 Providence, RI

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LEVEL OF EDUCATION

Depending on the job, educational levels may have a significant impact on pay levels. Be informed and understand how things like education and certifications can help to increase potential earnings for the career you are interested in. Please visit Professional Salary Report for more details.

Average Salary Range for Underwriter in Providence, RI

Average Base Salary

Core compensation

91455

118141

102743

Average Total Cash Compensation

Includes base and annual incentives

96388

129126

109803

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 Providence, RI. The base salary for Underwriter ranges from $91,455 to $118,141 with the average base salary of $102,743. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $96,388 to $129,126 with the average total cash compensation of $109,803.

View Average Salary for Underwriter as table

	Average Salary	Average Salary Range
Base Salary	$102,743	$91,455 - $118,141
Bonus	$7,059	$4,933 - $10,985
Total Pay	$109,803	$96,388 - $129,126

* 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 Providence, RI

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Providence, RI
CITY, STATE East Providence, RI	AVERAGE SALARY RANGE $91,803 - $118,590	COMPARE TO Providence, RI
CITY, STATE Cranston, RI	AVERAGE SALARY RANGE $91,803 - $118,590	COMPARE TO Providence, RI
CITY, STATE Pawtucket, RI	AVERAGE SALARY RANGE $91,803 - $118,590	COMPARE TO Providence, RI
CITY, STATE Cumberland, RI	AVERAGE SALARY RANGE $91,803 - $118,590	COMPARE TO Providence, RI
CITY, STATE Warwick, RI	AVERAGE SALARY RANGE $91,803 - $118,590	COMPARE TO Providence, RI
CITY, STATE Attleboro, MA	AVERAGE SALARY RANGE $91,803 - $118,590	COMPARE TO Providence, RI

See salaries for Underwriter in locations close to Providence, RI. 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 Providence, Rhode Island

The Providence city limits enclose a small geographical region with a total area of 20.5 square miles (53 km2); 18.5 square miles (48 km2) of it is land and the remaining 2.1 square miles (5.4 km2) is water (roughly 10%). Providence is located at the head of Narragansett Bay, with the Providence River running into the bay through the center of the city, formed by the confluence of the Moshassuck and Woonasquatucket Rivers. The Waterplace Park amphitheater and riverwalks line the river's banks through downtown. Providence is one of many cities claimed to be founded on seven hills like Rome. The...

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

View Salary for Similar Jobs to Underwriter in Providence, RI

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JOB TITLE	LOCATION	MINIMUM SALARY	MAXIMUM SALARY
JOB TITLE Underwriter I	LOCATION Providence, RI	MINIMUM SALARY $58,734	MAXIMUM SALARY $74,633
JOB TITLE Underwriter II	LOCATION Providence, RI	MINIMUM SALARY $70,257	MAXIMUM SALARY $90,563
JOB TITLE Underwriter III	LOCATION Providence, RI	MINIMUM SALARY $90,456	MAXIMUM SALARY $116,782
JOB TITLE Underwriter IV	LOCATION Providence, RI	MINIMUM SALARY $104,848	MAXIMUM SALARY $140,516
JOB TITLE Underwriter V	LOCATION Providence, RI	MINIMUM SALARY $133,245	MAXIMUM SALARY $185,453
JOB TITLE Health Underwriter	LOCATION Providence, RI	MINIMUM SALARY $64,502	MAXIMUM SALARY $78,088

The Underwriter job could be listed using titles that are not exactly the same, but actually are for the same or very similar job. Here are some job titles in Providence, RI that might be a good fit for the type of job and salary you are looking for.

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