The average salary for a Manager, Underwriting is $89,318.
Is Manager, Underwriting your job title? Find out what you should be paid
Use our tool to get a personalized report on your market worth.
$61k - $127k
$3k - $25k
$2k - $15k
$0 - $26k
$62k - $144k
Your Market Worth Over Time
How has your pay changed over time for your market? Find out by taking our salary quiz.
Job Description for Manager, Underwriting
An underwriting manager manages the process of ascertaining client eligibility; that is, they supervise the employees who work directly with clients to assess whether or not they are qualified to receive the company's product. The manager might also work directly with clients. Most often, underwriting refers to the business conducted by financial institutes such as banks, credit unions, and other lenders; underwriting is also common in the insurance and real estate industries. An underwriting ma…Read more
Manager, Underwriting Tasks
- Recruit, manage, train, and evaluate the underwriting staff.
- Assist in the development of agency objectives and budgets.
- Establish key contacts and positive relationships with customers.
- Respond to requests from loan officers and underwriters, and serve as the technical expert on issues such as risk analysis, rate development, and general underwriting responsibilities.
- Manage the profit, growth, and retention of assigned business segments, and develop and oversee account earning plans.
Job Satisfaction for Manager, Underwriting
Popular Employer Salaries for Manager, Underwriting
Manager, Underwriting Job Listings
Search for more jobs
Popular Skills for Manager, Underwriting
Skills in People Management, Insurance, Financial Analysis and Risk Management / Risk Control are correlated to pay that is above average. Skills that pay less than market rate include Loan Underwriting.
Pay by Experience Level for Manager, Underwriting
An early career Manager, Underwriting with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $73,921 based on 43 salaries. A mid-career Manager, Underwriting with 5-9 years of experience earns an average total compensation of $81,836 based on 119 salaries. An experienced Manager, Underwriting with 10-19 years of experience earns an average total compensation of $91,695 based on 237 salaries. In their late career (20 years and higher), employees earn an average total compensation of $96,032.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Manager, Underwriting in their job title in New York, New York earn an average of 21.9% more than the national average. These job titles also find higher than average salaries in Chicago, Illinois (18.1% more) and San Francisco, California (17.0% more). The lowest salaries can be found in Kansas City, Missouri (24.2% less).
Years of Experience
This data is based on 580 survey responses.
Related Job Salaries
$41k - $102k
$32k - $70k
$45k - $81k
$40k - $84k
$34k - $69k
$44k - $170k
$42k - $76k
$28k - $55k
$62k - $100k
$51k - $150k