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Underwriter Salary in Philadelphia, Pennsylvania

Philadelphia Underwriters pull down an average of $55K per year. In this profession, almost all enjoy medical and dental coverage, and a fair number have vision insurance, as well. Job satisfaction is considered about average by most people in this profession. More than half of Underwriters in Philadelphia (62 percent) survey respondents are men. The figures in this overview were provided by individuals who took 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 - $9,696  
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: 2 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.


Philadelphia Underwriters generally obtain higher compensation for more plentiful past experience. Survey participants with less than five years' experience pocket $52K on average, but those with five to 10 years of experience enjoy a much bigger median of $68K. After working for 10 to 20 years, Underwriters in Philadelphia, Pa. make a median salary of $77K. Seasoned workers who boast more than two decades of relevant experience enjoy a median salary of $95K, which is substantially larger than the medians reported by folks with fewer years on their resumes.

 
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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 5%

Risk Management / Risk Control
up arrow 1%

National Average
$59,000

Microsoft Excel
up arrow 13%

Job Satisfaction

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

Gender

Female
38 %
Male
62 %

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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