Entry-Level Underwriter Salary (United States)

An Entry-Level Underwriter earns an average salary of $47,800 per year. The skills that increase pay for this job the most are Sales, Mortgage Loans, Financial Analysis, and Negotiation.
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.
)
$34,648 - $65,299
(Median)
35K
40K
48K
56K
65K
MEDIAN: $47,800
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.
)
$11.62 - $23.96
(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
$34,648 - $65,299  
   
Bonus
$0.00 - $9,828  
Profit Sharing
$499.05 - $6,755  
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).
)
$33,472 - $68,482  
PayScale
Country: United States | Currency: USD | Updated: 5 Aug 2014 | Individuals Reporting: 1,976
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
$11.62 - $23.96  
   
Overtime
$17.23 - $41.05  
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 - $9,828  
   
Commission
$0.00 - $14,899  
Profit Sharing
$499.05 - $6,755  
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).
)
$33,472 - $68,482  
PayScale
Country: United States | Currency: USD | Updated: 5 Aug 2014 | Individuals Reporting: 1,976
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Popular Employer Salaries for Entry-Level Underwriter

Pay Difference By Location

up arrow 22%
Boston
up arrow 22%
Seattle
up arrow 21%
up arrow 14%
Charlotte
up arrow 10%
up arrow 8%
up arrow 7%
Houston
up arrow 7%
Phoenix
up arrow 4%
Denver
up arrow 4%
National Average
$48,000
Omaha
up arrow 17%
Austin
up arrow 18%
Larger circles over a city indicate a job is popular in that location.

Skills That Affect Entry-Level Underwriter Salaries

Mortgage Loans
up arrow 14%
Sales
up arrow 14%
Negotiation
up arrow 11%
Insurance
up arrow 2%
Loan Underwriting
up arrow 2%
Data Analysis
up arrow 2%
Microsoft Excel
up arrow 2%
National Average
$48,000
Customer Service
up arrow 11%

Job Satisfaction

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Highly satisfied
Rated 4 out of 5 based on 473 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%
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