Underwriter in Philadelphia, Pennsylvania Salary

Philadelphia Underwriters take home an average $59K per year. Job satisfaction for Underwriters in Philadelphia is high. Medical benefits are awarded to almost all, and a large number earn dental coverage. Men working as Underwriters in Philadelphia, Pa. who took the survey just slightly outnumber women at 50 percent. Women make up a slight majority of Philadelphia Underwriters (50 percent) survey respondents. Figures cited in this summary are based on replies to PayScale's salary questionnaire.

$41,618 - $99,666
$42K
$59K
$100K
MEDIAN: $59,074
10%
50%
90%

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Local 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$50K$100K$150K
Salary
$41,618 - $99,666  
   
Bonus
$1,973 - $22,510  
Profit Sharing
$1,750  
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).
)
$41,442 - $116,538  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 45

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About Philadelphia, Pennsylvania

Philadelphia County, Pennsylvania
1,567,442
Male:
741,270 (47.3%)
Female:
826,172 (52.7%)
Philadelphia (/ˌfɪləˈdɛlfiə/) is the largest city in the Commonwealth of Pennsylvania and the fifth-most populous in the United States, with an estimated population in 2014 of 1,560,297. In the Northeastern United States, at the confluence of the Delaware and Schuylkill rivers, Philadelphia is the economic and cultural anchor of the Delaware Valley, a metropolitan area home to 7.2 million people and the eighth-largest combined statistical area in the United States. In 1682, William Penn founded the city to serve as capital of the Pennsylvania Colony. Philadelphia played an instrumental role in the American Revolution as a meeting place for the Founding Fathers of the United States, who signed the Declaration of Independence in 1776 and the Constitution in 1787. Philadelphia was one of the nation's capitals in the Revolutionary War, and served as temporary U.S. capital while Washington, D.C., was under construction. In the 19th century, Philadelphia became a major industrial center...
Philadelphia:
$41,233
Pennsylvania:
$55,702
$952
Philadelphia:
$150,700
Pennsylvania:
$170,600
6.6%

Insurance Underwriter Job Listings

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Pay by Experience Level for Underwriter

Pay by Experience for an Underwriter has a positive trend. An entry-level Underwriter with less than 5 years of experience can expect to earn an average total compensation of $52,000 based on 30 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Underwriter with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $85,000 based on 11 salaries. An experienced Underwriter which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $119,000 based on 7 salaries. An Underwriter with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $88,000 based on 6 salaries.

Key Stats for Underwriter

Gender

Female
50 %
Male
50 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 6 votes.
Less than 1 year
11%
1-4 years
52%
5-9 years
17%
10-19 years
15%
20 years or more
4%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Underwriter Salaries

Experienced
▲98%

Late-Career
▲48%

Mid-Career
▲42%

National Average
$60,000

▼14%

Skills That Affect Underwriter Salaries

Financial Analysis
▲26%

Negotiation
▲24%

Loan Underwriting
▲24%

Sales
▲9%

Insurance
▼0%

Microsoft Excel
▼0%

National Average
$60,000

Data Analysis
▼4%

Customer Service
▼4%

Risk Management / Risk Control
▼14%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 6 votes.

Gender

Female
50 %
Male
50 %

Years of Experience

Less than 1 year
11%
1-4 years
52%
5-9 years
17%
10-19 years
15%
20 years or more
4%

Common Health Benefits

medical benefits
Medical: 95%
dental benefits
Dental: 86%
vision benefits
Vision: 76%
no benefits
None: 5%