Median of all compensation (including tips, bonus, and overtime) by years of experience.
Experience is an important factor influencing the compensation of Underwriting Specialists. Salaries for the relatively untried average out to around $42K, but survey participants with five to 10 years of experience earn a significantly higher median of $63K. On average, Underwriting Specialists make $66K following one to two decades on the job. Underwriting Specialists who have spent more than 20 years on the job report earning a significantly higher median of $91K.