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Underwriting Supervisor Salary (United States)

Underwriting Supervisors in the United States with more than 10 years of experience in their profession represent about two in three of Underwriting Supervisors. Salaries average out to around $67K per year and spread from $47K to $96K per year. Job satisfaction is reported as high by the vast majority of workers. Medical and dental coverage is claimed by almost all, and a fair number earn vision coverage. This report is based on answers to PayScale's salary questionnaire.
Underwriting Supervisor Salary (?
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.
)
$42,912 - $90,308
(Median)
43K
55K
67K
80K
90K
MEDIAN: $67,089
10%
25%
50%
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$33K$66K$99K
Salary
$42,912 - $90,308  
   
Bonus
$251.68 - $14,510  
Profit Sharing
$1,028 - $6,878  
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).
)
$46,933 - $96,091  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 91
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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 end up in upper-level roles like Manager of Underwriting. Managers of Underwriting bring home $87K annually on average.

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.
For many Underwriting Supervisors, more experience generally translates to higher pay. 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. After working for 10 to 20 years, Underwriting Supervisors make a median salary of $73K. People who have worked for more than 20 years report a median income of $80K, which is barely higher than the median for folks with 10 to 20 years of experience.

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Experience Affects Underwriting Supervisor Salaries

Late-Career
up arrow 10%
Experienced
up arrow 1%
National Average
$73,000
Mid-Career
up arrow 10%
Entry-Level
up arrow 27%

Job Satisfaction

Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 24 votes.

Gender

Female
69%
female alumni
 
Male
31%
male alumni

Years of Experience

Less than 1 year
1%
1-4 years
13%
5-9 years
21%
10-19 years
32%
20 years or more
33%

Common Health Benefits

medical benefits Medical: 90% dental benefits Dental: 85%
vision benefits Vision: 74% employee benefits None: 6%