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Chief Underwriter Salary

The average salary for a Chief Underwriter is $98,666 per year. Most people in this job have more than five years' experience in related jobs.
$55,931 - $177,368
(Median)
56K
78K
99K
140K
180K
MEDIAN: $98,665
10%
25%
50%
75%
90%

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National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$80K$160K$240K
Salary
$55,931 - $177,368  
   
Bonus
$250.00 - $42,500  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$59,869 - $215,289  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 52
United States (change)

Job Description for Chief Underwriter

  • Renegotiate loans to reflect changing circumstances.
  • Decide whether to accept or reject loan applications based on risk involved.
  • Supervise underwriters’ work reviewing client finances and property to determine degree of risk associated with a loan.
  • Explain loan terms, company underwriting policies, and loan modifications to clients.

Chief Underwriter Job Listings

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Experience Affects Chief Underwriter Salaries

Late-Career
up arrow 10%

National Average
$105,000

Experienced
up arrow 13%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 15 votes.

Gender

Female
49 %
Male
51 %

Years of Experience

5-9 years
9%
10-19 years
28%
20 years or more
63%

Common Health Benefits

medical benefits Medical: 90% dental benefits Dental: 82%
vision benefits Vision: 57% employee benefits None: 10%