Underwriting Supervisor Salary

The majority of Underwriting Supervisors in the United States — just below two-thirds — boast more than 10 years of experience in their profession. Salaries stretch from $52K to $96K per year, and the median is $66K per year. The majority of Underwriting Supervisors (67 percent) who took the survey are female. A large number report receiving medical coverage from their employers and a fair number collect dental insurance. Most Underwriting Supervisors report high levels of job satisfaction. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.

$52,665 - $92,280
$53K
$66K
$92K
MEDIAN: $66,316
10%
50%
90%

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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
$52,665 - $92,280  
   
Bonus
$1,321 - $12,365  
Profit Sharing
$6,387  
Commission
$7,000  
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).
)
$52,342 - $96,477  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 83

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United States (change)

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Job Description for Underwriting Supervisor

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

Common Career Paths for Underwriting Supervisor


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Underwriting Supervisors might see a strong upturn in salary after transitioning into upper-level roles such as Manager of Underwriting, a seemingly popular career choice. People currently working in the latter position report a noticeably higher median income of $88K per year.

Underwriting Supervisor Job Listings

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Pay by Experience Level for Underwriting Supervisor

Pay by Experience for an Underwriting Supervisor has a positive trend. An entry-level Underwriting Supervisor with less than 5 years of experience can expect to earn an average total compensation of $66,000 based on 11 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Underwriting Supervisor with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $65,000 based on 29 salaries. An experienced Underwriting Supervisor which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $71,000 based on 37 salaries. An Underwriting Supervisor with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $80,000 based on 24 salaries.

Related Job Salaries

Key Stats for Underwriting Supervisor

Gender

Female
67 %
Male
33 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 18 votes.
1-4 years
14%
5-9 years
22%
10-19 years
36%
20 years or more
28%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Underwriting Supervisor Salaries

Late-Career
▲17%

Experienced
▲3%

National Average
$69,000

Entry-Level
▼4%

Mid-Career
▼5%

Skills That Affect Underwriting Supervisor Salaries

Financial Analysis
▲40%

Risk Management / Risk Control
▲17%

Insurance
▲14%

People Management
▲5%

National Average
$69,000

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 18 votes.

Gender

Female
67 %
Male
33 %

Years of Experience

1-4 years
14%
5-9 years
22%
10-19 years
36%
20 years or more
28%

Common Health Benefits

medical benefits
Medical: 84%
dental benefits
Dental: 78%
vision benefits
Vision: 71%
no benefits
None: 12%
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