Chief Underwriter Salary

The average salary for a Chief Underwriter is $103,670 per year. Most people in this job have more than five years' experience in related jobs.

$57,538 - $184,356
(Median)
$58K
$100K
$180K
MEDIAN: $103,669
10%
50%
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
$57,538 - $184,356  
   
Bonus
$491.32 - $45,000  
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).
)
$60,629 - $226,193  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 58

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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 7%

National Average
$114,000

Experienced
up arrow 19%

Job Satisfaction

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

Gender

Female
44 %
Male
56 %

Years of Experience

5-9 years
10%
10-19 years
25%
20 years or more
64%

Common Health Benefits

medical benefits Medical: 92% dental benefits Dental: 83%
vision benefits Vision: 58% employee benefits None: 8%