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Underwriting Supervisor Salary

The majority of Underwriting Supervisors in the United States — close to two-thirds — boast more than 10 years of experience in their profession. Salaries stretch from $49K to $96K per year, and the median is $68K per year. Job satisfaction is reported as high by the vast majority of workers. Almost all receive medical and dental insurance and a fair number get vision insurance. Female Underwriting Supervisors make up most of the survey respondents at 70 percent. The information for this snapshot was generated by responses to the PayScale salary survey.

$46,190 - $90,043
(Median)
$46K
$68K
$90K
MEDIAN: $68,226
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$32K$64K$96K
Salary
$46,190 - $90,043  
   
Bonus
$251.68 - $14,510  
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).
)
$49,050 - $95,749  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 94

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United States (change)


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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 move into a Manager of Underwriting role, and folks who currently hold that position report a much higher median income of $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.


Experience seems to be a major factor in determining the incomes of Underwriting Supervisors. 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. The average pay reported by folks with 10 to 20 years of experience is around $73K. Veterans who have surpassed the 20-year mark may make only slightly more than those who are navigating the mid-career stage; the more senior group reports median earnings of around $80K.

Related Job Salaries

United States (change)

Experience Affects Underwriting Supervisor Salaries

Late-Career
up arrow 10%

Experienced
up arrow 1%

National Average
$73,000

Mid-Career
up arrow 9%

Entry-Level
up arrow 27%

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
21%
10-19 years
36%
20 years or more
31%

Common Health Benefits

medical benefits Medical: 91% dental benefits Dental: 86%
vision benefits Vision: 77% employee benefits None: 5%
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