Underwriter in Philadelphia, Pennsylvania Salary

For Underwriters in Philadelphia, Pa., yearly average wages total $59K annually. Underwriters in Philadelphia who participated in the survey are largely men, dominating at 65 percent. Job satisfaction is considered about average by most people in this profession. Medical and dental benefits are awarded to nearly all, and a strong majority earn vision coverage. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.

$44,488 - $86,811
MEDIAN: $58,884

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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.
$44,488 - $86,811  
$0.00 - $13,200  
Profit Sharing
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.

Workers in their first five years can expect to earn $52K, but people who have been around for five to 10 years earn a noticeably bigger sum of $77K. Underwriters in Philadelphia, Pa. who work for 10 to 20 years in their occupation tend to earn about $90K. Respondents who boast more than two decades on the job don't boast commensurate pay, unfortunately; these veterans see average earnings of only $88K.

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Experience Affects Underwriter Salaries

up arrow 43%

up arrow 41%

up arrow 23%

National Average

Skills That Affect Underwriter Salaries

Loan Underwriting
up arrow 38%

up arrow 8%

Financial Analysis
up arrow 7%

Customer Service
up arrow 4%

National Average

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.


35 %
65 %

Years of Experience

Less than 1 year
1-4 years
5-9 years
10-19 years
20 years or more

Common Health Benefits

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