Average Manager, Underwriting Salary

$89,318
Avg. SalaryShow Hourly Rate
$10,172
Bonus
$25,850
Commission
$4,904
Profit Sharing
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The average salary for a Manager, Underwriting is $89,318.
10%
$61k
MEDIAN
$89k
90%
$127k
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United States (change)
Salary
$61k - $127k
Bonus
$3k - $25k
Profit Sharing
$2k - $15k
Commission
$0 - $26k
Total Pay
$62k - $144k

Your Market Worth Over Time

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Job Description for Manager, Underwriting

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

4.1 out of 5
(85)
Highly Satisfied
5Reviews

Popular Employer Salaries for Manager, Underwriting

Manager, Underwriting Job Listings

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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.
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.
Early Career
7.4%
Mid Career
20.5%
Experienced
40.9%
Late Career
31.2%