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Underwriting Supervisor Salary

Underwriting Supervisors in the United States tend to be well-versed in their field, and roughly two in three have more than 10 years of experience. Average salary is expected to be around $69K per year, but may range from $49K to $97K per year. Most Underwriting Supervisors like their work and job satisfaction is high. Men are in the minority of survey respondents, with female Underwriting Supervisors making up 70 percent. Medical and dental benefits are awarded to almost all, and a fair number earn vision coverage. This overview is based on answers to PayScale's salary questionnaire.

$46,320 - $90,828
(Median)
$46K
$69K
$91K
MEDIAN: $68,862
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
$46,320 - $90,828  
   
Bonus
$253.42 - $14,474  
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).
)
$49,132 - $96,523  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 95

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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 advance their careers by becoming Managers of Underwriting, who report a slightly higher median income of $88K.

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.


Experience seems to be a major factor in determining the incomes of Underwriting Supervisors. Respondents with less than five years' experience take home $53K on average. In contrast, those who have been around for five to 10 years earn a noticeably higher average of $66K. Underwriting Supervisors with one to two decades of relevant experience report an average salary of approximately $73K. Underwriting Supervisors who surpass 20 years on the job report pay that isn't as high as one would expect; the median compensation for this crowd sits around $81K.

Related Job Salaries

United States (change)

Experience Affects Underwriting Supervisor Salaries

Late-Career
up arrow 11%

Experienced
0%

National Average
$73,000

Mid-Career
up arrow 10%

Entry-Level
up arrow 28%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 23 votes.

Gender

Female
70 %
Male
30 %

Years of Experience

Less than 1 year
1%
1-4 years
11%
5-9 years
20%
10-19 years
36%
20 years or more
33%

Common Health Benefits

medical benefits Medical: 90% dental benefits Dental: 86%
vision benefits Vision: 76% employee benefits None: 6%