Underwriter Salary in Raleigh, North Carolina

What is the highest and lowest pay for Underwriter?

As of December 01, 2024, the average annual pay of Underwriter in Raleigh, NC is $94,817. While Salary.com is seeing that the highest pay for Underwriter in Raleigh, NC can go up to $121,958 and the lowest down to $74,919, but most earn between $84,401 and $109,023. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Underwriter in the United States.

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Salary range for an Underwriter

$84,401 to $109,023

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Underwriter

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Job Openings for Underwriter in Raleigh, NC

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 Raleigh, NC

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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 Raleigh, NC

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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 Raleigh, NC

Average Base Salary

Core compensation

84401

109023

94817

Average Total Cash Compensation

Includes base and annual incentives

88954

119160

101332

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 Raleigh, NC. The base salary for Underwriter ranges from $84,401 to $109,023 with the average base salary of $94,817. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $88,954 to $119,160 with the average total cash compensation of $101,332.

View Average Salary for Underwriter as table

	Average Salary	Average Salary Range
Base Salary	$94,817	$84,401 - $109,023
Bonus	$6,516	$4,553 - $10,137
Total Pay	$101,332	$88,954 - $119,160

* 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 Raleigh, NC

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Raleigh, NC
CITY, STATE Cary, NC	AVERAGE SALARY RANGE $84,375 - $108,990	COMPARE TO Raleigh, NC
CITY, STATE Durham, NC	AVERAGE SALARY RANGE $83,872 - $108,339	COMPARE TO Raleigh, NC
CITY, STATE Chapel Hill, NC	AVERAGE SALARY RANGE $83,371 - $107,693	COMPARE TO Raleigh, NC
CITY, STATE Wilson, NC	AVERAGE SALARY RANGE $83,769 - $108,207	COMPARE TO Raleigh, NC
CITY, STATE Rocky Mount, NC	AVERAGE SALARY RANGE $83,769 - $108,207	COMPARE TO Raleigh, NC
CITY, STATE Burlington, NC	AVERAGE SALARY RANGE $82,366 - $106,394	COMPARE TO Raleigh, NC

See salaries for Underwriter in locations close to Raleigh, NC. 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 Raleigh, North Carolina

According to the United States Census Bureau, Raleigh occupies a total area of 144.0 square miles (373.0 km2), of which 142 square miles (369 km2) is land and 0.97 square miles (2.5 km2), or 0.76%, is covered by water. The Neuse River flows through the northeast end of the city. Raleigh is located in the northeast central region of North Carolina, where the Piedmont and Atlantic Coastal Plain regions meet. This area is known as the "fall line" because it marks the elevation inland at which waterfalls begin to appear in creeks and rivers. As a result, most of Raleigh features gently rolling hil...

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

View Salary for Similar Jobs to Underwriter in Raleigh, NC

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JOB TITLE	LOCATION	MINIMUM SALARY	MAXIMUM SALARY
JOB TITLE Underwriter I	LOCATION Raleigh, NC	MINIMUM SALARY $54,198	MAXIMUM SALARY $68,867
JOB TITLE Underwriter II	LOCATION Raleigh, NC	MINIMUM SALARY $64,839	MAXIMUM SALARY $83,575
JOB TITLE Underwriter III	LOCATION Raleigh, NC	MINIMUM SALARY $83,480	MAXIMUM SALARY $107,770
JOB TITLE Underwriter IV	LOCATION Raleigh, NC	MINIMUM SALARY $96,713	MAXIMUM SALARY $129,614
JOB TITLE Underwriter V	LOCATION Raleigh, NC	MINIMUM SALARY $122,905	MAXIMUM SALARY $171,064
JOB TITLE Health Underwriter	LOCATION Raleigh, NC	MINIMUM SALARY $59,505	MAXIMUM SALARY $72,034

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 Raleigh, NC that might be a good fit for the type of job and salary you are looking for.

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