The average Philadelphia Underwriter earns approximately $59K annually. The majority of Underwriters in Philadelphia, Pa. claim high levels of job satisfaction. Nearly all report receiving medical coverage from their employers and almost all collect dental insurance. Women Underwriters in Philadelphia who took the survey just slightly outnumber men. Women are just slightly outnumbered, with male Philadelphia Underwriters making up 50 percent of survey respondents. The figures in this rundown are based on the results of PayScale's salary questionnaire.

$41,529 - $100,000
$42K
$59K
$100K
MEDIAN: $59,183
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
$41,529 - $100,000  
   
Bonus
$2,013 - $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).
)
$41,349 - $116,870  
Country: United States | Currency: USD | Updated: 19 Jan 2017 | Individuals Reporting: 44

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United States (change)

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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

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


Workers in their first five years can expect to earn $51K, but people who have been around for five to 10 years earn a noticeably bigger sum of $85K. Professionals who claim 10 to 20 years of experience can secure some pretty cushy paychecks; the median for this group is a six-figure $119K. For some reason, Philadelphia Underwriters with more than two decades of experience report lower paychecks overall; the median sum in this group sits near $88K.

Key Stats for Underwriter

Gender

Female
50 %
Male
50 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 5 votes.
053
Less than 1 year
11%
1-4 years
53%
5-9 years
18%
10-19 years
16%
20 years or more
2%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Underwriter Salaries

Experienced
up arrow 96%

Late-Career
up arrow 46%

Mid-Career
up arrow 40%

National Average
$61,000


Skills That Affect Underwriter Salaries

Loan Underwriting
up arrow 23%

Negotiation
up arrow 18%

Financial Analysis
up arrow 14%

Sales
up arrow 8%

Insurance
0%

National Average
$61,000

Data Analysis
up arrow 1%

Microsoft Excel
up arrow 1%

Customer Service
up arrow 5%

Risk Management / Risk Control
up arrow 15%

Job Satisfaction

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

Gender

Female
50 %
Male
50 %

Years of Experience

Less than 1 year
11%
1-4 years
53%
5-9 years
18%
10-19 years
16%
20 years or more
2%

Common Health Benefits

medical benefits
Medical: 97%
dental benefits
Dental: 91%
vision benefits
Vision: 80%
dental benefits
None: 3%
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