Updated Dec 13, 2021

How much does an Underwriter make?

Updated Dec 13, 2021

Experience

Industry

$69,491 / yrTotal Pay
$55,978 / yrBase Pay
$13,513 / yrAdditional Pay

$69,491

 / yr
$36K$205K
Most Likely Range
Possible Range

The estimated total pay for a Underwriter is $69,491 per year in the United States area, with an average salary of $55,978 per year. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. The estimated additional pay is $13,513 per year. Additional pay could include cash bonus, commission, tips, and profit sharing. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role.

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Total Pay Trajectory

For Underwriter

$69,491 /yr
Underwriter
$91,984 /yr
Senior Underwriter
$90,713 /yr
Underwriter Iv
See Full Career Path

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What are total pay estimates for an Underwriter at different companies?

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Average Base Salary in (USD)

Range

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United Wholesale Mortgage (UWM)
2.9

United Wholesale Mortgage (UWM)

Underwriter - Hourly

$21

 /hr
Range: $11 - $51

$11

$51

$11 - $51 Range

Chubb
3.7

Chubb

Underwriter

$79,999

 /yr
Range: $41K - $175K

$41K

$175K

$40,526 - $174,797 Range

State Farm
3.6

State Farm

Underwriter

$54,038

 /yr
Range: $32K - $131K

$32K

$131K

$32,424 - $131,388 Range

AIG
3.7

AIG

Underwriter

$76,919

 /yr
Range: $8K - $165K

$8K

$165K

$8,259 - $165,357 Range

Travelers
3.9

Travelers

Underwriter

$81,660

 /yr
Range: $47K - $184K

$47K

$184K

$46,515 - $184,299 Range

The Hartford
4.0

The Hartford

Underwriter

$75,037

 /yr
Range: $47K - $155K

$47K

$155K

$47,364 - $154,736 Range

Liberty Mutual Insurance
3.9

$82,399

 /yr
Range: $37K - $157K

$37K

$157K

$37,451 - $156,894 Range

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Auto-Owners Insurance
3.7

$54,081

 /yr
Range: $36K - $90K

$36K

$90K

$35,523 - $90,200 Range

Wells Fargo
3.6

Wells Fargo

Underwriter

$70,602

 /yr
Range: $41K - $127K

$41K

$127K

$41,180 - $126,703 Range

Zurich North America
3.9

$83,719

 /yr
Range: $62K - $153K

$62K

$153K

$62,008 - $152,978 Range

Cigna
3.8

Cigna

Underwriter

$65,997

 /yr
Range: $50K - $102K

$50K

$102K

$50,000 - $102,052 Range

CNA
3.7

CNA

Underwriter

$89,082

 /yr
Range: $60K - $146K

$60K

$146K

$60,208 - $145,796 Range

Burns & Wilcox
4.1

Burns & Wilcox

Underwriter

$68,446

 /yr
Range: $47K - $102K

$47K

$102K

$47,300 - $102,231 Range

Nationwide
3.9

Nationwide

Underwriter

$56,413

 /yr
Range: $42K - $99K

$42K

$99K

$41,838 - $99,191 Range

Aerotek
3.5

Aerotek

Underwriter

$95,292

 /yr
Range: $68K - $134K

$68K

$134K

$67,663 - $134,199 Range

Philadelphia Insurance Companies
4.1

$44K

$104K

$43,989 - $104,276 Range

Bank of America
4.0

Bank of America

Underwriter

$79,852

 /yr
Range: $42K - $142K

$42K

$142K

$42,000 - $141,646 Range

Aetna
3.5

Aetna

Underwriter

$59,199

 /yr
Range: $44K - $74K

$44K

$74K

$43,683 - $73,584 Range

Rocket Companies
3.5

Rocket Companies

Underwriter

$65,000

 /yr
Range: $43K - $101K

$43K

$101K

$42,732 - $100,546 Range

MetLife
3.9

MetLife

Underwriter

$57,074

 /yr
Range: $49K - $83K

$49K

$83K

$48,986 - $83,444 Range

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Viewing 1 - 10 of 29,261

Recent User Submitted Salaries for Underwriter in United States of America

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$19

/hrAvg Base Salary

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

$29

/hrAvg Base Salary
Cash Bonus$72,000/hr

9 days ago by a Collateral Underwriter with 7 to 9 years of experience

$52,000

/yrAvg Base Salary
Cash Bonus$172,800/yr

9 days ago by a Underwriter with 4 to 6 years of experience

$95,000

/yrAvg Base Salary
Cash Bonus$5,000/yr
Stock Bonus$2,000/yr

9 days ago by a Underwriter with 10 to 14 years of experience

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$96,000

/yrAvg Base Salary
Cash Bonus$216,000/yr

9 days ago by a Mortgage Underwriter with 4 to 6 years of experience

$11

/hrAvg Base Salary

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

$95,000

/yrAvg Base Salary

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

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Frequently asked questions about an Underwriter salaries

The national average salary for an Underwriter is $65,091 per year in United States. Filter by location to see an Underwriter salaries in your area. Salaries estimates are based on 6839 salaries submitted anonymously to Glassdoor by an Underwriter employees.

The highest salary for an Underwriter in United States is $99,530 per year.

The lowest salary for an Underwriter in United States is $42,568 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.