$77,295
Avg. Base Salary (USD)
/ year
Avg. Base Salary (USD)
10%
$60k
MEDIAN
$77k
90%
$130k
The average salary for an Underwriter is $77,295 in 2025
Base Salary
$60k - $130k
Bonus
$2k - $29k
Total Pay
$62k - $158k
Is Average Underwriter with Insurance Skills Salary at The Chubb Corporation your job title? Find out what you should be paid
Use our tool to get a personalized report on your market worth.What's this?
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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
96%
Dental
93%
Vision
79%
None
4%
Gender Breakdown for Underwriters
Male
65.4%
Female
34.6%
This data is based on 26 survey responses. Learn more about the gender pay gap.
FAQs About Underwriters
What is the highest pay for Underwriters?
Our data indicates that the highest pay for an Underwriter is $130k / year
What is the lowest pay for Underwriters?
Our data indicates that the lowest pay for an Underwriter is $60k / year
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.