The average salary for a underwriter in Alabama is around $62,020 per year.
Avg Salary
Underwriters earn an average yearly salary of $62,020.
Wages typically start from $37,820 and go up to $100,390.
10% above national average Updated in 2021
Underwriter earnings by seniority
90th percentile
Top-level underwriter earnings begin at:
$48.27 per hour
$100,390 per year
75th percentile
Senior-level underwriter earnings begin at:
$37.94 per hour
$78,910 per year
50th percentile
Mid-level underwriter earnings begin at:
$29.82 per hour
$62,020 per year
25th percentile
Junior-level underwriter earnings begin at:
$23.53 per hour
$48,940 per year
10th percentile
Starting level underwriter earnings begin at:
$18.18 per hour
$37,820 per year
Approximate values based on highest and lowest earning segments.
Underwriter salary by state
| State Name | Average Salary |
|---|---|
| District of Columbia | $98,760 |
| New York | $97,070 |
| Massachusetts | $96,780 |
| Connecticut | $81,410 |
| Washington | $80,960 |
| California | $80,820 |
| Oregon | $80,160 |
| New Jersey | $80,070 |
| Nevada | $78,680 |
| Colorado | $78,160 |
| Rhode Island | $78,060 |
| New Hampshire | $77,740 |
| Wisconsin | $77,450 |
| Maryland | $77,370 |
| Ohio | $77,050 |
| Pennsylvania | $77,030 |
| Maine | $76,840 |
| Georgia | $76,710 |
| Indiana | $76,060 |
| South Dakota | $76,060 |
| Kansas | $75,370 |
| North Carolina | $73,430 |
| Arizona | $72,640 |
| Arkansas | $72,170 |
| Oklahoma | $70,250 |
| Texas | $69,610 |
| Minnesota | $67,270 |
| Alaska | $63,960 |
| Vermont | $63,960 |
| Utah | $63,850 |
| Nebraska | $63,300 |
| Florida | $63,290 |
| Michigan | $63,240 |
| Tennessee | $62,390 |
| Iowa | $62,320 |
| Alabama | $62,020 |
| Virginia | $62,020 |
| Hawaii | $61,340 |
| New Mexico | $61,320 |
| North Dakota | $60,550 |
| Illinois | $60,490 |
| South Carolina | $60,490 |
| Mississippi | $60,380 |
| Missouri | $60,310 |
| Kentucky | $59,130 |
| Louisiana | $57,660 |
| Idaho | $49,490 |
| Wyoming | $49,150 |
| Montana | $48,630 |
| Puerto Rico | $46,710 |
| West Virginia | $38,770 |
| Guam | $30,780 |
| Delaware | $103,670 |
How do underwriter salaries compare to similar careers?
Underwriters earn about the same as related careers in Alabama. On average, they make less than investment bankers but more than market research analysts.
| Career | Median Salary |
|---|---|
| Investment banker salary | $74K |
| Credit analyst salary | $75K |
| Accountant salary | $62K |
| Auditor salary | $62K |
| Loan officer salary | $53K |
| Underwriter salary | $62K |
| Statistician salary | $62K |
| Consultant salary | $61K |
| Cost estimator salary | $61K |
| Market research analyst salary | $51K |
Source: CareerExplorer (Aggregated)