Underwriting Supervisor Salary

Underwriting Supervisors in the United States tend to have a good amount of experience under their belt — close to two-thirds have more than 10 years in the field. While pay runs from $49K to $96K per year, median earnings come to $68K per year. Almost all enjoy medical and dental coverage in this occupation, and a fair number get vision benefits. For the most part, Underwriting Supervisors enjoy their work and report high levels of job satisfaction. Female Underwriting Supervisors are more common than men among those who completed the survey; more than half (69 percent) are women. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.

$46,320 - $89,955
(Median)
$46K
$68K
$90K
MEDIAN: $67,964
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
$46,320 - $89,955  
   
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).
)
$49,132 - $95,664  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 95
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 $87K 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.


In general, experience and pay appear to be strongly linked; those with more experience usually bring in higher incomes. Survey participants with less than five years' experience pocket $53K on average, but those with five to 10 years of experience enjoy a much bigger median of $66K. After working for 10 to 20 years, Underwriting Supervisors make a median salary of $73K. Seasoned workers who boast more than two decades of relevant experience enjoy a median salary of $80K, which is substantially larger than the medians reported by folks with fewer years on their resumes.

Related Job Salaries

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Experience Affects Underwriting Supervisor Salaries

Late-Career
up arrow 10%

Experienced
0%

National Average
$72,000

Mid-Career
up arrow 8%

Entry-Level
up arrow 27%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 23 votes.

Gender

Female
69 %
Male
31 %

Years of Experience

Less than 1 year
1%
1-4 years
11%
5-9 years
20%
10-19 years
38%
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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