▼20%
$71,563
Avg. Base Salary (USD)
/ year
Avg. Base Salary (USD)
10%
$50k
MEDIAN
$72k
90%
$105k
The average salary for an Underwriter is $71,563 in 2025
Base Salary
$50k - $105k
Bonus
$2k - $15k
Profit Sharing
$1k - $35k
Commission
$0 - $9k
Total Pay
$48k - $111k
Is Average Underwriter with Financial Analysis Skills Salary your job title? Find out what you should be paid
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What is the Pay by Experience Level for Underwriters?
Find your market worth – how it works:
Common Health Benefits for a Underwriter
Medical
93%
Dental
88%
Vision
82%
None
7%
Gender Breakdown for Underwriters
Female
54.2%
Male
45.8%
This data is based on 107 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 $105k / year
What is the lowest pay for Underwriters?
Our data indicates that the lowest pay for an Underwriter is $50k / 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.