▼57%
$117,463
Avg. Base Salary (USD)
/ year
Avg. Base Salary (USD)
10%
$71k
MEDIAN
$117k
90%
$153k
The average salary for an Underwriting Specialist is $117,463 in 2025
Base Salary
$71k - $153k
Bonus
$7k - $14k
Profit Sharing
$0 - $10k
Total Pay
$71k - $168k
Is Average Experienced Underwriting Specialist with Risk Management / Risk Control Skills Salary your job title? Find out what you should be paid
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What is the Pay by Experience Level for Underwriting Specialists?
What Do Underwriting Specialists Do?
Find your market worth – how it works:
Common Health Benefits for a Underwriting Specialist
Medical
100%
Dental
100%
Vision
100%
Gender Breakdown for Underwriting Specialists
Female
60.0%
Male
40.0%
This data is based on 5 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 $153k / year
What is the lowest pay for Underwriting Specialists?
Our data indicates that the lowest pay for an Underwriting Specialist is $71k / 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.