Underwriter earnings by seniority

90th percentile

Top-level underwriter earnings begin at:

$73.62 per hour

$153,140 per year

75th percentile

Senior-level underwriter earnings begin at:

$49.84 per hour

$103,670 per year

50th percentile

Mid-level underwriter earnings begin at:

$39.14 per hour

$81,410 per year

25th percentile

Junior-level underwriter earnings begin at:

$30.80 per hour

$64,070 per year

10th percentile

Starting level underwriter earnings begin at:

$29.24 per hour

$60,820 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 6% less than similar careers in Connecticut. On average, they make less than statisticians but more than investment bankers.

Career Median Salary
Statistician salary $101K
Financial analyst salary $100K
Business analyst salary $99K
Economist salary $105K
Credit analyst salary $81K
Underwriter salary $81K
Risk management specialist salary $81K
Financial quantitative analyst salary $81K
Fraud analyst salary $81K
Investment banker salary $81K

Source: CareerExplorer (Aggregated)