How much does a Underwriter I make?

Updated Jan 21, 2022

Industry

Employer Size

Experience

$58,795 /yr
Average Base Pay

191 salaries

$44K

Low

$59K

Average

$79K

High

No additional cash compensation has been reported for this role

How much does a Underwriter I make? The national average salary for a Underwriter I is $58,795 in United States. Filter by location to see Underwriter I salaries in your area. Salary estimates are based on 191 salaries submitted anonymously to Glassdoor by Underwriter I employees.

How does this pay data of $58,795 look to you? Your input helps Glassdoor refine our pay estimates over time.

What is the salary trajectory for a Underwriter I?

$58,795 /yr
Underwriter I
$65,091 /yr
Underwriter
$88,880 /yr
Senior Underwriter
See Full Career Path

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Recent User Submitted Salaries for Underwriter I in United States of America

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$60,000

/yrAvg Base Salary

21 days ago by a Underwriter I with 1 to 3 years of experience

$42,500

/yrAvg Base Salary
Cash Bonus$4,000/yr

24 days ago by a Consumer Loan Underwriter I with 1 to 3 years of experience

$48,300

/yrAvg Base Salary
Cash Bonus$3,864/yr

26 days ago by a Consumer Loan Underwriter I with 1 to 3 years of experience

$55,000

/yrAvg Base Salary
Cash Bonus$2,500/yr

35 days ago by a Underwriter I with 1 to 3 years of experience

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$79,000

/yrAvg Base Salary
Cash Bonus$5,000/yr

36 days ago by a Underwriter I with 1 to 3 years of experience

$70,000

/yrAvg Base Salary

40 days ago by a Underwriter I with less than one year of experience

$30,000

/yrAvg Base Salary

40 days ago by a Foreclosure Specialist I with 7 to 9 years of experience

$21

/hrAvg Base Salary

40 days ago by a Consumer Loan Underwriter I with less than one year of experience

$51,387

/yrAvg Base Salary
Cash Bonus$2,000/yr

46 days ago by a Underwriter I with 1 to 3 years of experience

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What is the average pay for a Underwriter I at different companies?

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Average Base Salary in (USD)

Range

Chubb
3.6

Chubb

Underwriter I

$65,946

 /yr
Range: $59K - $76K

$59K

$76K

$58,704 - $76,301 Range

Cigna
3.8

Cigna

Underwriter I

$62,820

 /yr
Range: $57K - $64K

$57K

$64K

$57,352 - $64,439 Range

J.P. Morgan
4

J.P. Morgan

Underwriter I

$82,324

 /yr
Range: $65K - $88K

$65K

$88K

$64,749 - $87,636 Range

PNC Financial Services Group
3.7

PNC Financial Services Group

Underwriter I

$52,605

 /yr
Range: $41K - $90K

$41K

$90K

$40,951 - $89,881 Range

Zurich North America
3.6

Zurich North America

Underwriter I

$79,187

 /yr
Range: $66K - $97K

$66K

$97K

$65,945 - $97,212 Range

Kaiser Permanente
4

Kaiser Permanente

Underwriter I

$57,773

 /yr
Range: $55K - $72K

$55K

$72K

$55,336 - $72,227 Range

Philadelphia Insurance Companies
3.8

Philadelphia Insurance Companies

Underwriter I

$60,831

 /yr
Range: $55K - $63K

$55K

$63K

$55,000 - $63,302 Range

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Safeco
3

Safeco

Underwriter I

$62,235

 /yr
Range: $59K - $71K

$59K

$71K

$59,316 - $70,854 Range

Liberty Mutual Insurance
3.8

Liberty Mutual Insurance

Underwriter I

$62,697

 /yr
Range: $47K - $66K

$47K

$66K

$46,619 - $65,513 Range

National Interstate
3.8

National Interstate

Underwriter I

$57,458

 /yr
Range: $53K - $83K

$53K

$83K

$52,610 - $83,043 Range

United Wholesale Mortgage (UWM)
2.9

United Wholesale Mortgage (UWM)

Underwriter I - Hourly

$18

 /hr
Range: $17 - $18

$17

$18

$17 - $18 Range

U.S. Bank
3.7

U.S. Bank

Underwriter I

$65,733

 /yr
Range: $56K - $105K

$56K

$105K

$55,717 - $105,471 Range

Chase
3.7

Chase

Underwriter I

$66,444

 /yr
Range: $58K - $115K

$58K

$115K

$57,774 - $115,090 Range

loanDepot
3.7

loanDepot

Underwriter I

$66,205

 /yr
Range: $55K - $91K

$55K

$91K

$54,910 - $90,590 Range

Urban Lending Solutions
2.2

Urban Lending Solutions

Underwriter I - Hourly

$23

 /hr
Range: $22 - $31

$22

$31

$22 - $31 Range

GEICO
3.3

GEICO

Underwriter I

$42,931

 /yr
Range: $34K - $58K

$34K

$58K

$34,129 - $58,210 Range

Capital One
4.1

Capital One

Underwriter I

$68,324

 /yr
Range: $52K - $115K

$52K

$115K

$51,944 - $114,765 Range

Homepoint
3.5

Homepoint

Underwriter I

$53,523

 /yr
Range: $51K - $54K

$51K

$54K

$51,050 - $54,045 Range

Nationstar Mortgage
3

Nationstar Mortgage

Underwriter I

$69,780

 /yr
Range: $69K - $75K

$69K

$75K

$68,616 - $74,577 Range

Nycm
3.4

Nycm

Underwriter I

$39,818

 /yr
Range: $37K - $41K

$37K

$41K

$36,818 - $41,021 Range

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Frequently asked questions about an Underwriter I salaries

The national average salary for an Underwriter I is $58,795 per year in United States. Filter by location to see an Underwriter I salaries in your area. Salaries estimates are based on 191 salaries submitted anonymously to Glassdoor by an Underwriter I employees.

The highest salary for an Underwriter I in United States is $79,177 per year.

The lowest salary for an Underwriter I in United States is $43,659 per year.

If you are thinking of becoming an Underwriter I or planning the next step in your career, find details about the role, the career path and salary trajectory of an Underwriter I.