▲12%
$20.47
Avg. Base Hourly Rate (USD)
/ hour
Avg. Base Hourly Rate (USD)
10%
$17.02
MEDIAN
$20.47
90%
$33.38
The average hourly pay for an Underwriter is $20.47 in 2025
Hourly Rate
$17 - $33
Bonus
$1k - $9k
Total Pay
$39k - $104k
Is Average Underwriter Hourly Pay in Detroit, Michigan your job title? Find out what you should be paid
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What is the Pay by Experience Level for Underwriters?
What Do Underwriters Do?
Underwriter Tasks
- Analyze new and renewal business, data, claim history, loss experience, and outcome of liability decisions.
- Underwrite, submit, approve or pend coverage amounts and premiums, and present decisions to management.
- Monitor existing policies for compliance with company guidelines.
- Manage underwriting territory and select new business based on analysis of their profitability.
Find your market worth – how it works:
Common Health Benefits for a Underwriter
Medical
83%
Dental
83%
Vision
83%
None
17%
Gender Breakdown for Underwriters
Female
66.7%
Male
33.3%
This data is based on 6 survey responses. Learn more about the gender pay gap.
FAQs About Underwriters
What is the highest pay for Underwriters in Detroit?
Our data indicates that the highest pay for an Underwriter in Detroit is $33.38 / hour
What is the lowest pay for Underwriters in Detroit?
Our data indicates that the lowest pay for an Underwriter in Detroit is $17.02 / hour
How can Underwriters increase their salary?
Increasing your pay as an Underwriter is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are an Underwriter that oversees more junior Underwriters, this experience can increase the likelihood to earn more.