Underwriting Supervisor Salary

The majority of Underwriting Supervisors in the United States — slightly less than two-thirds — boast more than 10 years of experience in their profession. Salaries stretch from $51K to $98K per year, and the median is $68K per year. Job satisfaction is high and work is enjoyable for most Underwriting Supervisors. A large number claim medical and dental insurance and a fair number get vision coverage. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.

$52,916 - $93,921
$53K
$69K
$94K
MEDIAN: $68,528
10%
50%
90%

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$19.14 - $25.22
$24
MEDIAN: $23.91
50%

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$0$99K
Salary $52,916 - $93,921
Bonus $993 - $12,080
Profit Sharing $1,208 - $9,630
Commission $7,000
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).
)
$49,704 - $99,471
  • Country: United States
  • Currency: USD
  • Updated: 19 Oct 2017
  • Individuals Reporting: 84
Hourly Data $0$47
Hourly Rate $23.91
Overtime $29.03
Annual Data $0$99K
Bonus $993 - $12,080
Commission $7,000
Profit Sharing $1,208 - $9,630
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).
)
$49,704 - $99,471
  • Country: United States
  • Currency: USD
  • Updated: 19 Oct 2017
  • Individuals Reporting: 9

Job Description for Underwriting Supervisor

  • Oversee and monitor underwriting team, including quality and timeliness.
  • Review exceptions and make determinations.
  • Collaborate with mortgage consultants, outside investors, and other departments.
  • Analyze and update team budget.
  • Schedule, prioritize, and assign work for optimum productivity.

Common Career Paths for Underwriting Supervisor


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Underwriting Supervisors might see a strong upturn in salary after transitioning into upper-level roles such as Manager of Underwriting, a seemingly popular career choice. People currently working in the latter position report a noticeably higher median income of $88K per year.

Underwriting Supervisor Job Listings

Pay by Experience Level for Underwriting Supervisor

Pay by Experience for an Underwriting Supervisor has a positive trend. An entry-level Underwriting Supervisor with less than 5 years of experience can expect to earn an average total compensation of $66,000 based on 11 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Underwriting Supervisor with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $65,000 based on 29 salaries. An experienced Underwriting Supervisor which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $71,000 based on 37 salaries. An Underwriting Supervisor with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $80,000 based on 24 salaries.

Related Job Salaries

Key Stats for Underwriting Supervisor

Gender

Female
64 %
Male
36 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 22 votes.
1-4 years
16%
5-9 years
23%
10-19 years
34%
20 years or more
27%

Experience Affects Underwriting Supervisor Salaries

Late-Career
▲15%

Experienced
▲1%

National Average
$70,000

Mid-Career
▼6%

Entry-Level
▼6%

Skills That Affect Underwriting Supervisor Salaries

Financial Analysis
▲38%

Risk Management / Risk Control
▲15%

Insurance
▲12%

People Management
▲3%

National Average
$70,000

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 22 votes.

Gender

Female
64 %
Male
36 %

Years of Experience

1-4 years
16%
5-9 years
23%
10-19 years
34%
20 years or more
27%

Common Health Benefits

medical benefits
Medical: 87%
dental benefits
Dental: 87%
vision benefits
Vision: 78%
no benefits
None: 8%