Average Insurance Underwriter Salary in San Francisco, California

$76,000
Avg. SalaryShow Hourly Rate
$5,087
Bonus
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The average salary for an Insurance Underwriter in San Francisco, California is $76,000.
10%
$54k
MEDIAN
$76k
90%
$111k
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United States (change)
Salary
$54k - $111k
Bonus
$986 - $20k
Total Pay
$56k - $119k

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Job Description for Insurance Underwriter

Insurance Underwriter Tasks
  • Analyze new and renewal business, data, claim history, loss experience, and outcome of liability decisions.
  • Underwrite, submit, approve or pend coverage amounts and premiums, and present decisions to management.
  • Monitor existing policies for compliance with company guidelines.
  • Manage underwriting territory and select new business based on analysis of their profitability.

Popular Employer Salaries for Insurance Underwriter

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Popular Skills for Insurance Underwriter

Skills that pay less than market rate include Commercial and Risk Management / Risk Control.

Pay by Experience Level for Insurance Underwriter

An early career Insurance Underwriter with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $79,653 based on 12 salaries. A mid-career Insurance Underwriter with 5-9 years of experience earns an average total compensation of $80,000 based on 5 salaries. An experienced Insurance Underwriter with 10-19 years of experience earns an average total compensation of $66,431 based on 9 salaries.
Employees with .NET Software Developer / Programmer in these locations earn less than the national average. The lowest salaries can be found in Detroit, Michigan (27.7% less), Dallas, Texas (22.9% less) and Alpharetta, Georgia (21.5% less).

Years of Experience

This data is based on 26 survey responses.
Early Career
46.2%
Mid Career
19.2%
Experienced
34.6%