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Underwriter Salary in Philadelphia, Pennsylvania (United States)

Median pay for Philadelphia Underwriters lies in the neighborhood of $55K per year. Most people on this career path report moderate levels of job satisfaction. Medical benefits are awarded to almost all, and a large number earn dental coverage. Male Underwriters in Philadelphia, Pa. who responded to the survey are more common than women; more than half (60 percent) are men. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.
Underwriter in Philadelphia, Pennsylvania Salary (?
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.
)
$42,873 - $84,478
(Median)
43K
72K
84K
MEDIAN: $55,149
10%
75%
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
$42,873 - $84,478  
   
Bonus
$0.00 - $9,887  
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).
)
$44,058 - $95,900  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 71
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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.
Experience seems to be a major factor in determining the incomes of Underwriters in Philadelphia, Pa. During the first five years of their careers, Philadelphia Underwriters see a median income of $52K. Survey respondents with five to 10 years of experience report an only modestly higher median of $62K. For Underwriters in Philadelphia, 10 to 20 years of experience on the job amounts to an average salary of $75K. Seasoned veterans with 20 years under their belts enjoy a median income of $95K.
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Experience Affects Underwriter in Philadelphia, Pennsylvania Salaries

Late-Career
up arrow 62%
Experienced
up arrow 28%
Mid-Career
up arrow 5%
National Average
$59,000

Skills That Affect Underwriter in Philadelphia, Pennsylvania Salaries

Financial Analysis
up arrow 13%
Customer Service
up arrow 11%
Risk Management / Risk Control
up arrow 6%
Data Analysis
up arrow 6%
Insurance
up arrow 3%
National Average
$59,000
Microsoft Excel
up arrow 13%

Job Satisfaction

Highly satisfied Image
Highly satisfied
Rated 4 out of 5 based on 15 votes.

Gender

Female
40%
female alumni
 
Male
60%
male alumni

Years of Experience

Less than 1 year
11%
1-4 years
40%
5-9 years
25%
10-19 years
15%
20 years or more
10%

Common Health Benefits

medical benefits Medical: 93% dental benefits Dental: 87%
vision benefits Vision: 75% employee benefits None: 4%