The average salary for a underwriter in Maryland is around $77,370 per year.
Avg Salary
Underwriters earn an average yearly salary of $77,370.
Wages typically start from $47,850 and go up to $103,160.
2% above national average Updated in 2021
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)