Underwriter in Philadelphia, Pennsylvania Salary

Underwriters in Philadelphia pull down an average of $59K per year. Most Philadelphia Underwriters are fairly content with their jobs, and work satisfaction falls in line with the national average. Medical and dental coverage is claimed by almost all, and a fair number earn vision coverage. More than half of Underwriters in Philadelphia, Pa. (65 percent) survey respondents are men. The figures in this rundown are based on the results of PayScale's salary questionnaire.

$44,488 - $86,811
(Median)
$44K
$59K
$87K
MEDIAN: $58,884
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$33K$66K$99K
Salary
$44,488 - $86,811  
   
Bonus
$0.00 - $13,200  
Profit Sharing
$4,700  
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).
)
$45,525 - $96,351  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 77
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Pay by Experience Level for Underwriter

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


Those in the early stages of their career can expect to make around $52K; however, individuals with five to 10 years of experience bring in $77K on average — a distinctly larger sum. The average pay reported by folks with 10 to 20 years of experience is around $90K. Respondents who boast more than 20 years of experience can't seem to boast paychecks reflecting that extensive experience, though; veteran Underwriters in Philadelphia, Pa. report making only $88K on average.

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Experience Affects Underwriter Salaries

Experienced
up arrow 43%

Late-Career
up arrow 41%

Mid-Career
up arrow 23%

National Average
$63,000


Skills That Affect Underwriter Salaries

Loan Underwriting
up arrow 38%

Negotiation
up arrow 8%

Financial Analysis
up arrow 7%

Customer Service
up arrow 4%

National Average
$63,000

Insurance
up arrow 2%

Data Analysis
up arrow 7%

Risk Management / Risk Control
up arrow 9%

Microsoft Excel
up arrow 18%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 12 votes.

Gender

Female
35 %
Male
65 %

Years of Experience

Less than 1 year
9%
1-4 years
46%
5-9 years
23%
10-19 years
15%
20 years or more
8%

Common Health Benefits

medical benefits
Medical: 91%
dental benefits
Dental: 87%
medical benefits
Vision: 80%
dental benefits
None: 6%
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