Underwriter earnings by seniority

90th percentile

Top-level underwriter earnings begin at:

$49.59 per hour

$103,160 per year

75th percentile

Senior-level underwriter earnings begin at:

$45.97 per hour

$95,620 per year

50th percentile

Mid-level underwriter earnings begin at:

$37.20 per hour

$77,370 per year

25th percentile

Junior-level underwriter earnings begin at:

$29.36 per hour

$61,070 per year

10th percentile

Starting level underwriter earnings begin at:

$23.00 per hour

$47,850 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 Maryland. On average, they make less than investment bankers but more than market research analysts.

Career Median Salary
Investment banker salary $87K
Auditor salary $78K
Accountant salary $78K
Loan officer salary $63K
Consultant salary $78K
Underwriter salary $77K
Cost estimator salary $76K
Insurance appraiser salary $73K
Credit analyst salary $62K
Market research analyst salary $63K

Source: CareerExplorer (Aggregated)