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Underwriter salary in United States

How much does an Underwriter make in the United States?

Average base salary

$102,421

Most common benefits

Others
401(k)
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The average salary for a underwriter is $102,421 per year in the United States. 2.2k salaries reported, updated at May 16, 2022.

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Salaries by years of experience in the United States

Years of experiencePer year
Less than 1 year
1 to 2 years
3 to 5 years
6 to 9 years
More than 10 years
View job openings with the years of experience that is relevant to you on Indeed
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Top companies for Underwriters in United States

  1. Capital One
    3.9star
    9702 reviews24 salaries reported
    $139,073per year
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Highest paying cities for Underwriters in United States

  1. Tampa, FL
    $125,681 per year
    51 salaries reported
  2. Phoenix, AZ
    $121,767 per year
    72 salaries reported
  3. Chicago, IL
    $112,817 per year
    97 salaries reported
  1. Atlanta, GA
    $107,795 per year
    55 salaries reported
  2. Charlotte, NC
    $94,018 per year
    18 salaries reported
  3. New York, NY
    $93,403 per year
    56 salaries reported
  1. Dallas, TX
    $75,970 per year
    28 salaries reported
  2. Jacksonville, FL
    $57,419 per year
    15 salaries reported
  3. Tempe, AZ
    $48,666 per year
    7 salaries reported
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Where can an Underwriter earn more?

Compare salaries for Underwriters in different locations
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Best-paid skills and qualifications for Underwriters

Most recommended skill

Risk Managementearn +60.05% more

The jobs requiring this skill have increase by 24.06% since 2018. Underwriters with this skill earn +60.05% more than the average base salary, which is $102,421 per year.

Job Trend
YearNumber of job openings on Indeed requiring this skillChange from previous year
2012355increase by 355
20131083increase by 205.07%
20141380increase by 27.42%
2015487decrease by 64.71%
2016731increase by 50.10%
2017726decrease by 0.68%
2018453decrease by 37.60%
2019562increase by 24.06%

Top companies hiring Underwriters with the recommended skill

MedPro Group
Liberty Mutual Insurance
FM Global
Tokio Marine HCC
NextEra Energy
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Top certifications
Chartered Financial Analyst
+59.53%salary

More critical skills and qualifications that pay well

Top SkillsSalaryJob openingsCompanies
2 jobs2
3 jobs5
4 jobs4
25 jobs43
57 jobs112
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Most common benefits for Underwriters

  • 401(k)
  • 401(k) matching
  • Dental insurance
  • Disability insurance
  • Employee assistance program
  • Employee stock purchase plan
  • Flexible schedule
  • Flexible spending account
  • Health insurance
  • Health savings account
  • Life insurance
  • Opportunities for advancement
  • Paid sick time
  • Paid time off
  • Parental leave
  • Referral program
  • Retirement plan
  • Tuition reimbursement
  • Vision insurance
  • Work from home
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Salary satisfaction

Based on 3,404 ratings

60% of Underwriters in the United States think their salaries are enough for the cost of living in their area.

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How much do similar professions get paid in United States?

Insurance Broker

660 job openings

Average $79,088 per year

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How much should you be earning?

Get an estimated calculation of how much you should be earning and insight into your career options. See more details

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Common questions about salaries for an Underwriter

How can I know if I am being paid fairly?

If you’re unsure about what salary is appropriate for an underwriter position, visit Indeed's Salary Calculator to get a free, personalized pay range based on your location, industry and experience.

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How much do similar professions to underwriter get paid?

Check the below indeed career pages for the detailed pay ranges for the similar professions to underwriter here:

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