Insurance Underwriter with Commercial Skills Salary

Median pay for Insurance Underwriters with Commercial skills is around $56K per year. Final cash compensation to Insurance Underwriters with Commercial skills varies from around $41K to approximately $86K; choice pay grades include potential for bonuses and profit sharing as high as $15K and $6K, respectively. Earnings for this group are mostly affected by geography, followed by career length and the specific company. Medical benefits are awarded to a large number, and a fair number earn dental coverage. Most Insurance Underwriters with Commercial skills report high levels of job satisfaction. Women make up a slight majority of Insurance Underwriters with Commercial skills (58 percent) survey respondents. Respondents to the PayScale salary survey provided the data for this report.

$42,437 - $82,445
$42K
$57K
$82K
MEDIAN: $57,391
10%
50%
90%

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$11.76 - $34.16
$12
$19
$34
MEDIAN: $19.04
10%
50%
90%

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$0$91K
Salary $42,437 - $82,445
Bonus $550 - $15,072
Profit Sharing $297.99 - $13,842
Commission $5,500
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).
)
$42,428 - $91,217
  • Country: United States
  • Currency: USD
  • Updated: 22 Sep 2017
  • Individuals Reporting: 206
Hourly Data $0$39
Hourly Rate $11.76 - $34.16
Overtime $30.00
Annual Data $0$91K
Bonus $550 - $15,072
Commission $5,500
Profit Sharing $297.99 - $13,842
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).
)
$42,428 - $91,217
  • Country: United States
  • Currency: USD
  • Updated: 22 Sep 2017
  • Individuals Reporting: 11

Find Out Exactly What You Should Be Paid

United States (change)

Insurance Underwriter Job Listings

Popular Employer Salaries for Insurance Underwriter


Pay by Experience Level for Insurance Underwriter

Pay by Experience for an Insurance Underwriter has a positive trend. An entry-level Insurance Underwriter with less than 5 years of experience can expect to earn an average total compensation of $52,000 based on 86 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Insurance Underwriter with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $59,000 based on 61 salaries. An experienced Insurance Underwriter which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $64,000 based on 73 salaries. An Insurance Underwriter with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $70,000 based on 32 salaries.

Key Stats for Insurance Underwriter

Gender

Female
57 %
Male
43 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 53 votes.
Less than 1 year
3%
1-4 years
30%
5-9 years
25%
10-19 years
26%
20 years or more
16%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Insurance Underwriter Salaries

Late-Career
▲19%

Experienced
▲8%

Mid-Career
▲1%

National Average
$59,000

Entry-Level
▼12%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 53 votes.

Gender

Female
57 %
Male
43 %

Years of Experience

Less than 1 year
3%
1-4 years
30%
5-9 years
25%
10-19 years
26%
20 years or more
16%

Common Health Benefits

medical benefits
Medical: 88%
dental benefits
Dental: 75%
vision benefits
Vision: 67%
no benefits
None: 11%
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