Entry-Level Underwriter Salary (United States)

An Entry-Level Underwriter earns an average salary of $47,857 per year. The skills that increase pay for this job the most are Negotiation, Sales, Financial Analysis, and Mortgage Loans.
Entry-Level Underwriter Total Pay (?
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.
)
$34,752 - $65,298
(Median)
35K
40K
48K
56K
65K
MEDIAN: $47,857
10%
25%
50%
75%
90%
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Entry-Level Underwriter Total Pay (?
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.
)
$11.68 - $23.54
(Median)
12
14
17
20
24
MEDIAN: $16.00
10%
25%
50%
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$23K$46K$69K
Salary
$34,752 - $65,298  
   
Bonus
$0.00 - $9,772  
Profit Sharing
$503 - $6,587  
Commission
$0.00 - $15,152  
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).
)
$33,524 - $68,411  
PayScale
Country: United States | Currency: USD | Updated: 11 Jun 2014 | Individuals Reporting: 2,071
National Hourly Rate 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$14$28$42
Hourly Rate
$11.68 - $23.54  
   
Overtime
$15.56 - $40.91  
National Annualized 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$28K$56K$84K
Bonus
$0.00 - $9,772  
   
Commission
$0.00 - $15,152  
Profit Sharing
$503 - $6,587  
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).
)
$33,524 - $68,411  
PayScale
Country: United States | Currency: USD | Updated: 11 Jun 2014 | Individuals Reporting: 2,071
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Underwriter Job Listings

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Popular Employer Salaries for Entry-Level Underwriter
Pay Difference By Location
San Francisco
up arrow 30%
up arrow 23%
Boston
up arrow 22%
Seattle
up arrow 21%
up arrow 13%
San Diego
up arrow 12%
Dallas
up arrow 10%
Charlotte
up arrow 9%
Hartford
up arrow 8%
Houston
up arrow 8%
up arrow 6%
Phoenix
up arrow 4%
Denver
up arrow 4%
National Average
$48,000
Larger circles over a city indicate a job is popular in that location.

Skills That Affect Entry-Level Underwriter Salaries

Negotiation
up arrow 14%
Sales
up arrow 14%
Mortgage Loans
up arrow 12%
Data Analysis
up arrow 3%
Microsoft Excel
up arrow 3%
Insurance
up arrow 2%
Loan Underwriting
up arrow 2%
National Average
$48,000
Customer Service
up arrow 11%
Job Satisfaction
Highly satisfied Image
Highly satisfied
Rated 4 out of 5 based on 524 votes.
Gender
Female
43%
female alumni
 
Male
57%
male alumni
Common Health Benefits
medical benefits Medical: 91% dental benefits Dental: 82%
vision benefits Vision: 66% employee benefits None: 7%
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