Underwriter Salary in Philadelphia, Pennsylvania

Earnings for Underwriters in Philadelphia, Pa. come in at around $55K annually on average. In this profession, nearly all enjoy medical and dental coverage, and a strong majority have vision insurance, as well. Most people on this career path report moderate levels of job satisfaction. Most people who answered the questionnaire are men; 60 percent of Philadelphia Underwriters are male. The information for this snapshot was generated by responses to the PayScale salary survey.

$45,383 - $83,713
(Median)
$45K
$55K
$84K
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$31K$62K$93K
Salary
$45,383 - $83,713  
   
Bonus
$0.00 - $9,787  
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).
)
$45,974 - $91,693  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 66
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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 who reported more years of relevant experience also reported higher earnings. Respondents with less than five years' experience take home $52K on average. In contrast, those who have been around for five to 10 years earn a noticeably higher average of $69K. Underwriters in Philadelphia with one to two decades of relevant experience report an average salary of approximately $77K. Big financial gains seem to result from working for more than two decades; veterans in this group report earning $95K on average.

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Experience Affects Underwriter in Philadelphia, Pennsylvania Salaries

Late-Career
up arrow 62%

Experienced
up arrow 32%

Mid-Career
up arrow 18%

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
40 %
Male
60 %

Years of Experience

Less than 1 year
10%
1-4 years
41%
5-9 years
24%
10-19 years
18%
20 years or more
7%

Common Health Benefits

medical benefits Medical: 90% dental benefits Dental: 85%
vision benefits Vision: 74% employee benefits None: 6%
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