Underwriter earnings by seniority

90th percentile

Top-level underwriter earnings begin at:

$29.87 per hour

$62,130 per year

75th percentile

Senior-level underwriter earnings begin at:

$23.32 per hour

$48,510 per year

50th percentile

Mid-level underwriter earnings begin at:

$14.80 per hour

$30,780 per year

25th percentile

Junior-level underwriter earnings begin at:

$14.33 per hour

$29,800 per year

10th percentile

Starting level underwriter earnings begin at:

$14.08 per hour

$29,280 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 Guam. On average, they make less than business analysts but more than tax preparers.

Career Median Salary
Business analyst salary $63K
Auditor salary $48K
Accountant salary $48K
Loan officer salary $39K
Market research analyst salary $38K
Underwriter salary $31K
Bookkeeper salary $29K
Financial clerk salary $29K
Debt collector salary $29K
Tax preparer salary $22K

Source: CareerExplorer (Aggregated)