Underwriting Supervisor Salary

Underwriting Supervisors in the United States are often veterans in their line of work, with two in three bringing more than 10 years of experience to the table. Salaries slide in at $68K per year on average but can range from $49K to $96K per year. The majority of workers are highly satisfied with their job. The majority of Underwriting Supervisors (68 percent) who took the survey are women. In this profession, almost all enjoy medical and dental coverage, and a fair number have vision insurance, as well. This report is based on responses to the PayScale salary survey.

$46,439 - $90,268
(Median)
$46K
$68K
$90K
MEDIAN: $68,308
10%
50%
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$33K$66K$99K
Salary
$46,439 - $90,268  
   
Bonus
$253.42 - $14,701  
Profit Sharing
$2,948 - $7,122  
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).
)
$49,212 - $96,436  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 96
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Job Description for Underwriting Supervisor

  • Analyze and update team budget.
  • Schedule, prioritize, and assign work for optimum productivity.
  • Collaborate with mortgage consultants, outside investors, and other departments.
  • Oversee and monitor underwriting team, including quality and timeliness.
  • Review exceptions and make determinations.

Common Career Paths for Underwriting Supervisor


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Many Underwriting Supervisors move into Manager of Underwriting roles, in which average pay is a slightly higher $87K per year.

Underwriting Supervisor Job Listings

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Pay by Experience Level for Underwriting Supervisor

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Underwriting Supervisors generally obtain higher compensation for more plentiful past experience. The average beginner in this position makes around $53K, but folks who have been around for five to 10 years see a markedly higher median salary of $66K. The average pay reported by folks with 10 to 20 years of experience is around $73K. Seasoned workers who boast more than two decades of relevant experience enjoy a median salary of $80K, which is substantially larger than the medians reported by folks with fewer years on their resumes.

Related Job Salaries

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Experience Affects Underwriting Supervisor Salaries

Late-Career
up arrow 11%

Experienced
0%

National Average
$73,000

Mid-Career
up arrow 9%

Entry-Level
up arrow 27%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 22 votes.

Gender

Female
68 %
Male
32 %

Years of Experience

Less than 1 year
1%
1-4 years
11%
5-9 years
21%
10-19 years
36%
20 years or more
31%

Common Health Benefits

medical benefits Medical: 91% dental benefits Dental: 86%
vision benefits Vision: 76% employee benefits None: 5%
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