Underwriting Supervisor Salary

A little under three-quarters of Underwriting Supervisors in the United States have been in the field for more than 10 years. Pay can fall anywhere from $51K to $97K per year, but median earnings come to around $69K annually. Medical benefits are awarded to nearly all, and most earn dental coverage. Most Underwriting Supervisors report high levels of job satisfaction. This overview is based on answers to PayScale's salary questionnaire.

$48,059 - $90,345
MEDIAN: $68,682

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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.
$48,059 - $90,345  
$489.36 - $14,594  
Profit Sharing
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).
$50,745 - $96,708  
Country: United States | Currency: USD | Updated: 20 Sep 2015 | Individuals Reporting: 105
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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

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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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Underwriting Supervisors report a focused set of job skills. Financial Analysis and People Management are considered valuable skills and can increase employee pay.

Pay by Experience Level for

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

Experience is an important factor influencing the compensation of Underwriting Supervisors. Salaries for the relatively untried average out to around $53K, but survey participants with five to 10 years of experience earn a significantly higher median of $67K. Underwriting Supervisors with one to two decades of relevant experience report an average salary of approximately $73K. Seasoned veterans with 20 years under their belts enjoy a median income of $80K.

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Experience Affects Salaries

up arrow 11%


National Average

up arrow 8%

up arrow 27%

Skills That Affect Salaries

Financial Analysis
up arrow 17%

National Average

People Management
up arrow 1%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 21 votes.


69 %
31 %

Years of Experience

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

Common Health Benefits

medical benefits Medical: 91% dental benefits Dental: 83%
vision benefits Vision: 74% employee benefits None: 6%