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.
|Salary||$52,665 - $92,280|
|Bonus||$1,321 - $12,365|
|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|
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
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.
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.
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Key Stats for Underwriting Supervisor
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