The average salary for a Chief Underwriter is $142,972 per year. Most people in this job have more than five years' experience in related jobs.

$60,903 - $304,102
(Median)
$61K
$140K
$300K
MEDIAN: $142,972
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$120K$240K$360K
Salary
$60,903 - $304,102  
   
Bonus
$0.00 - $100,000  
Profit Sharing
$9,826  
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).
)
$60,903 - $354,786  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 27
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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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Related Jobs

Experience Affects Chief Underwriter Salaries

Late-Career
up arrow 6%

National Average
$168,000

Experienced
up arrow 45%

Mid-Career
up arrow 58%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 3 votes.

Gender

Female
43 %
Male
57 %

Years of Experience

1-4 years
4%
5-9 years
19%
10-19 years
11%
20 years or more
67%

Common Health Benefits

medical benefits
Medical: 91%
dental benefits
Dental: 77%
medical benefits
Vision: 73%
dental benefits
None: 5%
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