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Underwriting Specialist Salary

Underwriting Specialists in the United States pull down an average of $57K annually. Most report receiving medical and dental coverage from their employers and a strong majority collect vision insurance. The majority of individuals in this role claim moderate levels of job satisfaction. Men are slightly outnumbered by their female counterparts who answered the questionnaire, who make up a slight majority at 51 percent. The data in this summary comes from the PayScale salary survey.
$35,881 - $97,022
(Median)
36K
57K
75K
97K
MEDIAN: $57,050
10%
50%
75%
90%

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$13.25 - $23.98
(Median)
13
20
24
MEDIAN: $15.00
10%
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$50K$100K$150K
Salary
$35,881 - $97,022  
   
Bonus
$0.00 - $13,500  
Profit Sharing
$491.32 - $4,913  
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).
)
$31,783 - $102,280  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 88
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$25$50$75
Hourly Rate
$13.25 - $23.98  
   
Overtime
$21.35 - $30.52  
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$50K$100K$150K
Bonus
$0.00 - $13,500  
   
Profit Sharing
$491.32 - $4,913  
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).
)
$31,783 - $102,280  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 14
United States (change)

Job Description for Underwriting Specialist

  • Conduct and write up account reviews.
  • Evaluate case risk and profitability.
  • Manage and grow assigned portfolio.
  • Develop relationships with current and new clients.

Underwriting Specialist Job Listings

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Pay by Experience Level for Underwriting Specialist

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.

Related Job Salaries

Experience Affects Underwriting Specialist Salaries

Late-Career
up arrow 65%

Experienced
up arrow 20%

Mid-Career
up arrow 13%

National Average
$55,000

Entry-Level
up arrow 24%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 19 votes.

Gender

Female
51 %
Male
49 %

Years of Experience

Less than 1 year
13%
1-4 years
29%
5-9 years
26%
10-19 years
20%
20 years or more
12%

Common Health Benefits

medical benefits Medical: 89% dental benefits Dental: 86%
vision benefits Vision: 72% employee benefits None: 8%