Underwriting Supervisor Salary

More than two-thirds of Underwriting Supervisors in the United States have been in the field for more than 10 years. Pay can fall anywhere from $48K to $98K per year, but median earnings come to around $69K annually. Most Underwriting Supervisors like their work and job satisfaction is high. Underwriting Supervisors survey participants are largely women, dominating at 69 percent. Nearly all enjoy medical while most get dental coverage. Vision coverage is also available to a strong majority. This overview is based on answers to PayScale's salary questionnaire.

$46,910 - $91,442
(Median)
$47K
$69K
$91K
MEDIAN: $68,842
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
$46,910 - $91,442  
   
Bonus
$375.00 - $14,639  
Profit Sharing
$4,793  
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).
)
$48,366 - $97,589  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 111
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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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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Underwriting Supervisors only report a few specific skills. Financial Analysis and People Management are considered valuable skills and can increase employee pay.

Pay by Experience Level for Underwriting Supervisor

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Underwriting Supervisors with a lot of experience tend to enjoy higher earnings. Although individuals who have less than five years' experience earn $53K on average, people with five to 10 years benefit from a notably larger average of $65K. On average, Underwriting Supervisors make $73K following one to two decades on the job. 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 $81K.

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Experience Affects Underwriting Supervisor Salaries

Late-Career
up arrow 12%

Experienced
up arrow 1%

National Average
$72,000

Mid-Career
up arrow 9%

Entry-Level
up arrow 26%

Skills That Affect Underwriting Supervisor Salaries

Financial Analysis
up arrow 4%

People Management
0%

National Average
$72,000

Job Satisfaction

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

Gender

Female
69 %
Male
31 %

Years of Experience

Less than 1 year
1%
1-4 years
10%
5-9 years
20%
10-19 years
38%
20 years or more
31%

Common Health Benefits

medical benefits
Medical: 90%
dental benefits
Dental: 82%
medical benefits
Vision: 72%
dental benefits
None: 7%
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