Chief Underwriter Salary

The average salary for a Chief Underwriter is $102,736 per year. Most people in this job have more than five years' experience in related jobs.

$57,271 - $199,279
(Median)
$57K
$100K
$200K
MEDIAN: $102,736
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$90K$180K$270K
Salary
$57,271 - $199,279  
   
Bonus
$0.00 - $59,800  
Profit Sharing
$7,923  
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).
)
$60,190 - $242,709  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 67
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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 12%

National Average
$114,000

Experienced
up arrow 18%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 15 votes.

Gender

Female
50 %
Male
50 %

Years of Experience

1-4 years
1%
5-9 years
10%
10-19 years
24%
20 years or more
64%

Common Health Benefits

medical benefits
Medical: 92%
dental benefits
Dental: 81%
medical benefits
Vision: 63%
dental benefits
None: 7%
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