Underwriter Salary

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How much does an Underwriter make? The average Underwriter salary is $95,382 as of March 26, 2024, but the salary range typically falls between $84,908 and $109,668. 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, Salary.com helps you determine your exact pay target. 

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Salary range for an Underwriter
$84,908 to $109,668
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Job Openings for Underwriter
Underwriter
Imagine Staffing Technology - Amherst , NY
Job Profile Job Title Underwriter Location Amherst, NY Hire Type Direct Hire Salary $ 75 k - $ 80 k Work Model Onsite Contact Phone (716) 256-12 89 Contact Email adugenske@imaginestaffing.net Nature ...
ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - Today
Junior Underwriter
FinTap - Clifton , NJ
Junior Underwriter At FinTap, we understand small business. We are improving the economic landscape in the United States by changing the way small businesses access short-term working capital. With ...
LinkedIn - 2 days ago
Commercial Lines Associate Underwriter
SSIU | South Shore Insurance Underwriters - Daphne , AL
As an Associate Underwriter, your day-to-day tasks will involve analyzing insurance policies, assessing risk, determining premiums, and providing support to underwriting teams. This role requires a ...
LinkedIn - 2 days ago
VP, Senior Commercial Underwriter
Niagara Partners, Inc - New York , NY
VP, Senior Underwriter Our client, a NYC Bank with their corporate offices near Penn Station, is currently seeking a new Senior Underwriter with experience in CRE & C&I loans to join their team. The ...
LinkedIn - 2 days ago
Commercial Underwriter
Truity Partners - Fond du Lac County , WI
Commercial Underwriter (39493) Our client is an organization in the Fond du Lac County area looking for a Commercial Underwriter. This company is looking for someone with underwriting experience ...
LinkedIn - 5 days ago
Associate Underwriter
Burns & Wilcox - Scottsdale , AZ
Service a book of business under the direct supervision of an underwriter * Log applications, prepare binders, and process policies and endorsements * Bind risk, post the invoice, and process ...
LinkedIn - 6 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 March 26, 2024. Click on the chart to see the detail salary data for Underwriter in each city.

Underwriter Salary by City

Click to see the salary for Underwriter in these major U.S. cities.
City Name Average Salary
San Francisco, CA $119,227
Washington, DC $106,160
Miami, FL $92,043
Chicago, IL $100,055
Boston, MA $106,923
New York, NY $111,406
Dallas, TX $94,142
If you'd like know Underwriter Salary in other cities, then please select a city in

Average Salary Range for Underwriter

Average Base Salary

Core compensation

 
 
 
84908
109668
95382

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
89483
119858
101931
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 the United States. The base salary for Underwriter ranges from $84,908 to $109,668 with the average base salary of $95,382. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $89,483 to $119,858 with the average total cash compensation of $101,931.

View Average Salary for Underwriter as table

Average Salary Average Salary Range
Base Salary $95,382 $84,908 - $109,668
Bonus $6,549 $4,575 - $10,190
Total Pay $101,931 $89,483 - $119,858
* 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 for Underwriter online for free

Salary.com 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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84908
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Comments about Underwriter

What's the difference between Underwriter IV and Underwriter?
According to our latest salary estimation on March 26, 2024. The average salary of Underwriter is $95,382, and the average salary of Underwriter IV is $112,423. The average salary of Underwriter IV is higher than Underwriter. ( 2024-03-27 salary.com )
I am an Underwriter, which location’s salary is higher, Oxnard, CA or Hutchinson, KS?
Oxnard, CA typically sees higher pay than Hutchinson, KS for Underwriter. an Underwriter Salary in Oxnard, CA is $102,249 as of March 26, 2024; an Underwriter Salary in Hutchinson, KS is $88,133 as of March 26, 2024. ( 2024-03-27 salary.com )

Underwriter Frequently Asked Questions

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. ( 2024-03-27 salary.com )
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 ( 2024-03-27 salary.com )
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. Salary.com's Personal Salary Report will analyze these factors for you to help you maximize your earning potential. ( 2024-03-27 salary.com )

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Last Update: March 26, 2024