With nearly two in three of Underwriting Supervisors in the United States reporting more than 10 years of experience in the field, this area is heavily weighted toward experienced professionals. Pay ranges from $53K to $100K per year and averages out to $66K per year. In the world of Underwriting Supervisors, total cash compensation can vary between $53K and $100K. Each package generally includes bonuses and profit sharing proceeds, and in exceptional cases, those amounts can reach heights of $15K and $10K, respectively. A large number report receiving medical coverage from their employers and a fair number collect dental insurance. Female Underwriting Supervisors make up most of the survey respondents at 74 percent. Most Underwriting Supervisors report high levels of job satisfaction. Figures cited in this summary are based on replies to PayScale's salary questionnaire.

$52,613 - $92,437
(Median)
$53K
$66K
$92K
MEDIAN: $65,954
10%
50%
90%

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$21.00 - $40.00
(Median)
$
$30
$
MEDIAN: $30
50%

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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$50K$100K$150K
Salary
$52,613 - $92,437  
   
Bonus
$1,332 - $14,925  
Profit Sharing
$1,208 - $9,933  
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).
)
$53,072 - $100,149  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 83
National Hourly Rate 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$25$50$75
Hourly Rate
$30.00  
   
Overtime
$31.25  
National Annualized 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$50K$100K$150K
Bonus
$1,332 - $14,925  
   
Profit Sharing
$1,208 - $9,933  
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).
)
$53,072 - $100,149  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 5
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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 often transition into Manager of Underwriting positions, for which compensation tends to be much higher. On average, Managers of Underwriting earn $88K 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.


More years of relevant experience do not necessarily translate to higher paychecks. In this position, someone who has worked for fewer than five years can expect a median salary of $64K. The median for people with five to 10 years of experience is only a little bit higher at $64K. For Underwriting Supervisors, 10 to 20 years of experience on the job amounts to an average salary of $69K. Veterans who have acquired more than 20 years report a median income of $84K, which is generally higher than the pay reported by other tenure groups.

Related Job Salaries

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Experience Affects Underwriting Supervisor Salaries

Late-Career
up arrow 23%

Experienced
up arrow 1%

National Average
$68,000

Mid-Career
up arrow 6%

Entry-Level
up arrow 6%

Skills That Affect Underwriting Supervisor Salaries

Financial Analysis
up arrow 41%

Insurance
up arrow 12%

Risk Management / Risk Control
up arrow 11%

People Management
up arrow 5%

National Average
$68,000

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 16 votes.

Gender

Female
74 %
Male
26 %

Years of Experience

1-4 years
10%
5-9 years
23%
10-19 years
35%
20 years or more
32%

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 77%
medical benefits
Vision: 73%
dental benefits
None: 11%
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