How much does a Underwriter make?

Updated Jul 23, 2021

Industry

Employer Size

Experience

$64,129 /yr
Average Base Pay

6,413 salaries

$42K

Low

$64K

Average

$98K

High

No additional cash compensation has been reported for this role

The national average salary for Underwriter is $64,129 per year in United States. Filter by location to see Underwriter salaries in your area. Salaries estimates are based on 6413 salaries submitted anonymously to Glassdoor by Underwriter employees.

Seniority Levels

L2
Underwriter$64,129 /yr
L3
Senior Underwriter$87,774 /yr
L4
Underwriter Iv$103,216 /yr
Career Path

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Related Job Titles

Insurance Underwriting

$64,651

per year

Mortgage Underwriter

$75,707

per year

Underwriting Assistant

$45,942

per year

Claims

$50,123

per year

Salaries by Company

Location

or

Find a Specific Employer

Sort:

Company

Average Base Salary in (USD)

Range

Chubb
3.6

Chubb

Underwriter

$74,976

 /yr
Range: $37K - $162K
234 salaries
See 254 salaries from all locations

$37K

$162K

$36,858 - $161,885 Range

State Farm
3.7

State Farm

Underwriter

$49,000

 /yr
Range: $33K - $88K

$33K

$88K

$33,491 - $88,417 Range

United Wholesale Mortgage (UWM)
3.1

United Wholesale Mortgage (UWM)

Underwriter

$42,047

 /yr
Range: $31K - $100K

$31K

$100K

$31,175 - $100,362 Range

AIG
3.6

AIG

Underwriter

$71,021

 /yr
Range: $34K - $137K

$34K

$137K

$34,123 - $137,397 Range

Liberty Mutual Insurance
3.8

Liberty Mutual Insurance

Underwriter

$77,100

 /yr
Range: $35K - $130K

$35K

$130K

$35,000 - $130,000 Range

The Hartford
4

The Hartford

Underwriter

$70,337

 /yr
Range: $44K - $129K

$44K

$129K

$43,943 - $129,333 Range

Travelers
4.1

Travelers

Underwriter

$78,842

 /yr
Range: $48K - $171K

$48K

$171K

$47,624 - $170,686 Range

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Auto-Owners Insurance
4

Auto-Owners Insurance

Underwriter

$46,932

 /yr
Range: $33K - $84K

$33K

$84K

$32,899 - $83,537 Range

Wells Fargo
3.6

Wells Fargo

Underwriter

$67,072

 /yr
Range: $40K - $104K

$40K

$104K

$40,000 - $104,442 Range

Zurich North America
3.7

Zurich North America

Underwriter

$77,788

 /yr
Range: $57K - $142K

$57K

$142K

$57,428 - $141,678 Range

Cigna
3.8

Cigna

Underwriter

$60,621

 /yr
Range: $55K - $95K

$55K

$95K

$55,438 - $94,514 Range

Aerotek
3.5

Aerotek

Underwriter

$88,254

 /yr
Range: $63K - $124K

$63K

$124K

$62,665 - $124,286 Range

CNA
3.6

CNA

Underwriter

$80,953

 /yr
Range: $58K - $107K

$58K

$107K

$58,091 - $106,733 Range

Burns & Wilcox
4.1

Burns & Wilcox

Underwriter

$63,390

 /yr
Range: $45K - $96K

$45K

$96K

$45,135 - $96,000 Range

CyberCoders
4

CyberCoders

Underwriter

$97,697

 /yr
Range: $31K - $135K

$31K

$135K

$31,333 - $134,656 Range

J.P. Morgan
4

J.P. Morgan

Underwriter

$66,879

 /yr
Range: $44K - $109K

$44K

$109K

$43,716 - $109,241 Range

Nationwide
3.8

Nationwide

Underwriter

$51,828

 /yr
Range: $36K - $92K

$36K

$92K

$36,105 - $91,864 Range

Stearns Lending
3.4

Stearns Lending

Underwriter

$89,546

 /yr
Range: $60K - $99K

$60K

$99K

$60,000 - $99,393 Range

Bank of America
4

Bank of America

Underwriter

$73,400

 /yr
Range: $43K - $131K

$43K

$131K

$42,701 - $131,183 Range

MetLife
3.9

MetLife

Underwriter

$53,652

 /yr
Range: $45K - $80K

$45K

$80K

$45,000 - $80,105 Range

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Frequently asked questions about an Underwriter salaries

The national average salary for an Underwriter is $64,129 per year in United States. Filter by location to see an Underwriter salaries in your area. Salaries estimates are based on 6413 salaries submitted anonymously to Glassdoor by an Underwriter employees.

The highest salary for an Underwriter in United States is $98,072 per year.

The lowest salary for an Underwriter in United States is $41,934 per year.

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

Recent Salary Reports

Below are the most recent underwriter salary reports. Employer name has been removed to protect anonymity.

$60,000
per year
An Underwriter in the Hartford, CT Area area reported making $60,000 per year
Job Highlights
1-2 years experience
Hartford, CT Area area
Full-time
 
10000+ employees
Company - Public
$70,000
per year
An Underwriter in the Houston, TX Area area reported making $70,000 per year
Additional Pay
$3k cash bonus
Job Highlights
3-4 years experience
Houston, TX Area area
Full-time
 
10000+ employees
Company - Public
$62,000
per year
A Commercial Underwriter in the San Antonio, TX Area area reported making $62,000 per year
Job Highlights
5-7 years experience
San Antonio, TX Area area
Full-time
 
1001 to 5000 employees
Company - Public
$45,000
per year
An Underwriter in the Dallas-Fort Worth, TX Area area reported making $45,000 per year
Job Highlights
3-4 years experience
Dallas-Fort Worth, TX Area area
Full-time
 
5001 to 10000 employees
Company - Private
$90,000
per year
A Mortgage Underwriter in the Grand Rapids, MI Area area reported making $90,000 per year
Job Highlights
3-4 years experience
Grand Rapids, MI Area area
Full-time
 
201 to 500 employees
Company - Private
$48,000
per year
An Underwriter in the Knoxville, TN Area area reported making $48,000 per year
Job Highlights
1-2 years experience
Knoxville, TN Area area
Full-time
 
10000+ employees
Company - Public
$68,500
per year
An Underwriter in the Hartford, CT Area area reported making $68,500 per year
Additional Pay
$1k cash bonus
Job Highlights
5-7 years experience
Hartford, CT Area area
Full-time
 
10000+ employees
Company - Public
$50,000
per year
An Underwriter in the Portland, ME Area area reported making $50,000 per year
Additional Pay
$7k cash bonus
Job Highlights
1-2 years experience
Portland, ME Area area
Full-time
 
5001 to 10000 employees
Company - Public
$70,000
per year
An Underwriter in the New York City, NY Area area reported making $70,000 per year
Additional Pay
$8k cash bonus
Job Highlights
3-4 years experience
New York City, NY Area area
Full-time
 
1001 to 5000 employees
Company - Public
$55,000
per year
A Mortgage Underwriter in the Fayetteville, AR Area area reported making $55,000 per year
Job Highlights
Fayetteville, AR Area area
Full-time
 
1001 to 5000 employees
Company - Private