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Underwriter Salary in Philadelphia, Pennsylvania

Underwriters in Philadelphia pull down an average of $55K annually. Most people in this profession are content with their work, and moderate levels of job satisfaction are reported. In this profession, nearly all enjoy medical and dental coverage, and a strong majority have vision insurance, as well. Philadelphia Underwriters who participated in the survey are largely men, dominating at 64 percent. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.

$45,727 - $84,957
(Median)
$46K
$55K
$85K
MEDIAN: $55,322
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
$45,727 - $84,957  
   
Bonus
$0.00 - $9,635  
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).
)
$46,261 - $93,863  
Country: United States | Currency: USD | Updated: 1 Apr 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. Although individuals who have less than five years' experience earn $52K on average, people with five to 10 years benefit from a notably larger average of $68K. For Underwriters in Philadelphia, 10 to 20 years of experience on the job amounts to an average 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 60%

Experienced
up arrow 30%

Mid-Career
up arrow 15%

National Average
$59,000


Skills That Affect Underwriter in Philadelphia, Pennsylvania Salaries

Financial Analysis
up arrow 9%

Customer Service
up arrow 9%

Insurance
up arrow 5%

Data Analysis
up arrow 5%

Risk Management / Risk Control
up arrow 4%

Negotiation
up arrow 4%

National Average
$59,000

Microsoft Excel
up arrow 15%

Job Satisfaction

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

Gender

Female
36 %
Male
64 %

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: 73% employee benefits None: 6%