Average Underwriting Specialist Salary

$88,607
Avg. Base Salary (USD)
10%
$56k
MEDIAN
$89k
90%
$135k

The average salary for an Underwriting Specialist is $88,607 in 2025

Base Salary
$56k - $135k
Bonus
$1k - $20k
Profit Sharing
$1k - $14k
Total Pay
$50k - $145k
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How do Underwriting Specialists Rate Their Jobs?

3.4 out of 5
(21)
Satisfied
6Reviews
Based on 21 responses, the job of Underwriting Specialist has received a job satisfaction rating of 3.42 out of 5. On average, Underwriting Specialists are satisfied with their job.

FAQs About Underwriting Specialists

What is the highest pay for Underwriting Specialists?

Our data indicates that the highest pay for an Underwriting Specialist is $135k / year

What is the lowest pay for Underwriting Specialists?

Our data indicates that the lowest pay for an Underwriting Specialist is $56k / year

How can Underwriting Specialists increase their salary?

Increasing your pay as an Underwriting Specialist 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 Underwriting Specialist that oversees more junior Underwriting Specialists, this experience can increase the likelihood to earn more.