Bank of America Corp. (BOFA), The Hartford Financial Services Group, Inc., American International Group, Inc. (AIG), Liberty Mutual Insurance Group, and The PNC Financial Services Group, Inc. are leaders in the field that employ a large number of Senior Underwriters. Pay for Senior Underwriters is best at The Chubb Corporation, which offers a median salary of $109,997. However, there's little room to grow there, with salaries maxing out at $142K. The Hanover Insurance Company, American International Group, Inc. (AIG), and ACE Group are a few other companies that offer generous salaries, with Senior Underwriters earning around $106,184, $94,007, or $91,238 at each firm, respectively.
Not only do salaries lack room to grow—pay ranges from $58K to just $100K—but Bank of America Corp. (BOFA) offers the lowest pay in town to boot, with a median paycheck of $73,589. Others at the bottom of the scale for this job include The Hartford Financial Services Group, Inc. at $76,896, and The Travelers Companies, Inc. where $79,687 is the norm, but it is worth noting that some Senior Underwriters there earn up to $111K.