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Entry-Level Underwriter Salary (United States)

An Entry-Level Underwriter earns an average salary of $47,822 per year. The skills that increase pay for this job the most are Mortgage Loans, Financial Analysis, Sales, and Negotiation.
Entry-Level Underwriter 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.
)
$34,669 - $65,235
(Median)
35K
40K
48K
56K
65K
MEDIAN: $47,821
10%
25%
50%
75%
90%
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Entry-Level Underwriter 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.
)
$11.82 - $23.97
(Median)
12
14
17
20
24
MEDIAN: $17.00
10%
25%
50%
75%
90%
Add this chart to your site: 640px    300px

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
$34,669 - $65,235  
   
Bonus
$0.00 - $9,821  
Profit Sharing
$499.61 - $6,734  
Commission
$0.00 - $14,899  
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).
)
$33,526 - $68,362  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 1,690
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
$11.82 - $23.97  
   
Overtime
$17.23 - $40.97  
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 - $9,821  
   
Commission
$0.00 - $14,899  
Profit Sharing
$499.61 - $6,734  
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).
)
$33,526 - $68,362  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 239
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United States (change)

Insurance Underwriter Job Listings

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Popular Employer Salaries for Entry-Level Underwriter

Pay Difference By Location

Boston
up arrow 24%
Seattle
up arrow 22%
up arrow 21%
up arrow 14%
Charlotte
up arrow 11%
up arrow 10%
Hartford
up arrow 8%
up arrow 7%
Houston
up arrow 7%
Phoenix
up arrow 4%
Denver
up arrow 4%
National Average
$48,000
Austin
up arrow 16%
Larger circles over a city indicate a job is popular in that location.
Find Out Exactly What You Should Be Paid
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Location:
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Skills That Affect Entry-Level Underwriter Salaries

Mortgage Loans
up arrow 13%
Sales
up arrow 12%
Negotiation
up arrow 11%
Insurance
up arrow 2%
Loan Underwriting
up arrow 1%
Data Analysis
up arrow 1%
Microsoft Excel
up arrow 1%
National Average
$48,000
Customer Service
up arrow 11%

Job Satisfaction

Highly satisfied Image
Highly satisfied
Rated 4 out of 5 based on 457 votes.

Gender

Female
44%
female alumni
 
Male
56%
male alumni

Common Health Benefits

medical benefits Medical: 91% dental benefits Dental: 82%
vision benefits Vision: 67% employee benefits None: 7%