Underwriting Supervisor Salary

Underwriting Supervisors in the United States tend to have a good amount of experience under their belt — nearly two in three have more than 10 years in the field. While pay runs from $49K to $96K per year, median earnings come to $68K per year. The majority of Underwriting Supervisors (69 percent) who took the survey are female. Most Underwriting Supervisors like their work and job satisfaction is high. Medical benefits are awarded to almost all, and a large number earn dental coverage. This report is based on answers to PayScale's salary questionnaire.

$46,655 - $90,114

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$33K$66K$99K
Salary
$46,655 - $90,114  
   
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).
)
$49,370 - $96,262  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 98
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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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Underwriting Supervisors who move on to become Managers of Underwriting may enjoy significant pay raises, as Managers of Underwriting get paid an average of $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. Salaries of relatively inexperienced workers fall in the neighborhood of $53K, but folks who have racked up five to 10 years see a notably higher median of $66K. For Underwriting Supervisors, 10 to 20 years of experience on the job amounts to an average salary of $72K. Average wages for folks with more than 20 years of experience come out to around $80K.

Related Job Salaries

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Experience Affects Underwriting Supervisor Salaries

Late-Career
up arrow 11%

Experienced
0%

National Average
$72,000

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
69 %
Male
31 %

Years of Experience

Less than 1 year
1%
1-4 years
11%
5-9 years
20%
10-19 years
38%
20 years or more
31%

Common Health Benefits

medical benefits Medical: 91% dental benefits Dental: 84%
vision benefits Vision: 74% employee benefits None: 5%
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