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Underwriter Salary in Philadelphia, Pennsylvania

Underwriters in Philadelphia can expect wages of $55K per year on average. The majority of Philadelphia Underwriters (61 percent) survey respondents are male. For the most part, people in this position report moderate levels of job satisfaction. Almost all claim medical and dental insurance and a fair number get vision coverage. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.

$45,319 - $84,957
(Median)
$45K
$55K
$85K
MEDIAN: $54,828
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$32K$64K$96K
Salary
$45,319 - $84,957  
   
Bonus
$0.00 - $9,744  
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).
)
$45,825 - $93,863  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 68

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Pay by Experience Level for Underwriter in Philadelphia, Pennsylvania

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


Underwriters in Philadelphia who reported more years of relevant experience also reported higher earnings. 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 $68K on average — a distinctly larger sum. People with 10 to 20 years of experience make an average of about $77K in this role. Philadelphia Underwriters who have acquired more than 20 years of relevant experience earn significantly more than folks with fewer years on their resumes; the average income in this veteran group is $95K.

United States (change)

Experience Affects Underwriter in Philadelphia, Pennsylvania Salaries

Late-Career
up arrow 62%

Experienced
up arrow 32%

Mid-Career
up arrow 17%

National Average
$59,000


Skills That Affect Underwriter in Philadelphia, Pennsylvania Salaries

Financial Analysis
up arrow 11%

Customer Service
up arrow 11%

Data Analysis
up arrow 7%

Negotiation
up arrow 6%

Insurance
up arrow 4%

National Average
$59,000

Risk Management / Risk Control
up arrow 1%

Microsoft Excel
up arrow 13%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 11 votes.

Gender

Female
39 %
Male
61 %

Years of Experience

Less than 1 year
9%
1-4 years
41%
5-9 years
24%
10-19 years
17%
20 years or more
9%

Common Health Benefits

medical benefits Medical: 91% dental benefits Dental: 86%
vision benefits Vision: 75% employee benefits None: 6%
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