An Insurance Underwriter, Commercial Property earns an average salary of $50,605 per year.
Insurance Underwriter, Commercial Property Total Pay (?
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.
)
$34,816 - $80,184
(Median)
35K
51K
64K
80K
MEDIAN: $50,604
10%
50%
75%
90%
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Insurance Underwriter, Commercial Property Total Pay (?
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.
)
$11.92 - $27.26
(Median)
12
15
19
23
27
MEDIAN: $18.00
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$28K$56K$84K
Salary
$34,816 - $80,184  
   
Bonus
$297.99 - $10,148  
Profit Sharing
$503 - $7,585  
Commission
$509 - $8,000  
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).
)
$33,893 - $83,780  
PayScale
Country: United States | Currency: USD | Updated: 19 Apr 2014 | Individuals Reporting: 497
National Hourly Rate 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$14$28$42
Hourly Rate
$11.92 - $27.26  
   
Overtime
$24.98 - $37.51  
National Annualized 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$28K$56K$84K
Bonus
$297.99 - $10,148  
   
Commission
$509 - $8,000  
Profit Sharing
$503 - $7,585  
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).
)
$33,893 - $83,780  
PayScale
Country: United States | Currency: USD | Updated: 19 Apr 2014 | Individuals Reporting: 497
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Insurance Underwriter, Commercial Property Job Listings

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Job Description for Insurance Underwriter, Commercial Property
  • Manage underwriting territory and select new business based on analysis of their profitability.
  • Analyze new and renewal business, data, claim history, loss experience, and outcome of liability decisions.
  • Underwrite, submit, approve or pend loans, and present decisions to management.
  • Monitor existing policies for compliance with company guidelines.
Read more about: Insurance Underwriters
Pay by Experience Level for Insurance Underwriter, Commercial Property
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Pay Difference By Location
Chicago
up arrow 31%
Dallas
up arrow 25%
Atlanta
up arrow 19%
Los Angeles
up arrow 15%
New York
up arrow 15%
Charlotte
up arrow 5%
National Average
$52,000
Larger circles over a city indicate a job is popular in that location.
Related Job Salaries

Experience Affects Insurance Underwriter, Commercial Property Salaries

Late-Career
up arrow 43%
Experienced
up arrow 12%
Mid-Career
up arrow 10%
National Average
$52,000
Entry-Level
up arrow 10%
Job Satisfaction
Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 100 votes.
Gender
Female
55%
female alumni
 
Male
45%
male alumni
Years of Experience
Less than 1 year
6%
1-4 years
34%
5-9 years
26%
10-19 years
22%
20 years or more
12%
Common Health Benefits
medical benefits Medical: 90% dental benefits Dental: 79%
vision benefits Vision: 58% employee benefits None: 8%
Find Out Exactly What You Should Be Paid
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