▲7%
$48,499
Avg. Base Salary (USD)
/ year
Avg. Base Salary (USD)
10%
$36k
MEDIAN
$48k
90%
$70k
The average salary for an Underwriting Specialist is $48,499 in 2025
Base Salary
$36k - $70k
Bonus
$0 - $4k
Total Pay
$37k - $56k
Is Average Entry-Level Underwriting Specialist with Insurance Skills Salary 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 is the Pay by Experience Level for Underwriting Specialists?
What Do Underwriting Specialists Do?
Underwriting Specialist Tasks
- Manage and grow assigned portfolio.
- Develop relationships with current and new clients.
- Conduct and write up account reviews.
- Evaluate case risk and profitability.
Find your market worth – how it works:
Common Health Benefits for a Underwriting Specialist
Medical
93%
Dental
79%
Vision
79%
None
7%
Gender Breakdown for Underwriting Specialists
Male
61.5%
Female
38.5%
This data is based on 13 survey responses. Learn more about the gender pay gap.
FAQs About Underwriting Specialists
What is the highest pay for Underwriting Specialists?
Our data indicates that the highest pay for an Underwriting Specialist is $70k / year
What is the lowest pay for Underwriting Specialists?
Our data indicates that the lowest pay for an Underwriting Specialist is $36k / 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.