Senior Underwriter Salary

A Senior Underwriter earns an average salary of $73,778 per year. A skill in Sales is associated with high pay for this job. For the first five to ten years in this position, pay increases modestly, but any additional experience does not have a big effect on pay.
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$52,615 - $98,063
(Median)
$53K
$74K
$98K
MEDIAN: $73,778
10%
50%
90%

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$16.13 - $38.48
(Median)
$16
$27
$38
MEDIAN: $27.00
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$50K$100K$150K
Salary
$52,615 - $98,063  
   
Bonus
$493.67 - $15,136  
Profit Sharing
$997 - $10,090  
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).
)
$52,605 - $107,342  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 1,563
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$25$50$75
Hourly Rate
$16.13 - $38.48  
   
Overtime
$25.27 - $61.47  
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$50K$100K$150K
Bonus
$493.67 - $15,136  
   
Profit Sharing
$997 - $10,090  
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).
)
$52,605 - $107,342  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 91
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Job Description for Senior Underwriter

  • Structure products to meet clients' needs.
  • Evaluate collateral and ensure portfolio credit quality.
  • Assess eligibility of clients' applications to receive capital, insurance, mortgage, or credit.

Common Career Paths for Senior Underwriter


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Senior Underwriter Job Listings

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Popular Employer Salaries for Senior Underwriter

Popular Skills for Senior Underwriter

Pay by Experience Level for Senior Underwriter

Median of all compensation (including tips, bonus, and overtime) by years of experience.

Pay Difference by Location

Senior Underwriter Reviews

What is it like working as a Senior Underwriter at The Travelers Companies, Inc.?

Senior Underwriter in New York:
"I am able to provide a valuable service to my customers,"
Pros: Providing high level service to the customer.
Cons: The time it takes to provide that service, even with the new technology.

Related Job Salaries

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Experience Affects Senior Underwriter Salaries



National Average
$77,000



Skills That Affect Senior Underwriter Salaries

Sales
up arrow 21%



Underwriting
up arrow 7%

Insurance
up arrow 4%

Financial Analysis
up arrow 4%

Risk Management / Risk Control
up arrow 1%

Loan Underwriting
0%

Mortgage Loans
0%

National Average
$77,000

Data Analysis
up arrow 1%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 337 votes.

Gender

Female
54 %
Male
46 %

Years of Experience

Less than 1 year
0%
1-4 years
8%
5-9 years
30%
10-19 years
36%
20 years or more
26%

Common Health Benefits

medical benefits Medical: 91% dental benefits Dental: 86%
vision benefits Vision: 70% employee benefits None: 6%
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