Average Early-Career Insurance Underwriter Salary in Philadelphia, Pennsylvania

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The average salary for an Early-Career Insurance Underwriter in Philadelphia, Pennsylvania is $60,252.
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United States (change)
$57k - $64k
$0 - $5k
Total Pay
$57k - $67k

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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.

Insurance Underwriter Job Listings

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Pay by Experience Level for Insurance Underwriter

A mid-career Insurance Underwriter with 5-9 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $65,000 based on 5 salaries. An experienced Insurance Underwriter with 10-19 years of experience earns an average total compensation of $80,680 based on 5 salaries.
Employees with Insurance Underwriter in their job title in San Francisco, California earn an average of 31.3% more than the national average. These job titles also find higher than average salaries in Atlanta, Georgia (4.1% more) and New York, New York (2.3% more). The lowest salaries can be found in Austin, Texas (12.2% less), Los Angeles, California (7.7% less) and Dallas, Texas (3.9% less).

Years of Experience

This data is based on 10 survey responses.
Mid Career