COMMERCIAL UNDERWRITER SALARY

Average Yearly Salary
$90,000
$48,000
Min 10%
$90,000
Median 50%
$168,000
Max 90%
Best Paying Company
Allstate
Highest Paying City
Minneapolis, MN
Highest Paying State
North Dakota
Average Experience Level
4.3 years
How much does a commercial underwriter make?
The national average salary for a Commercial Underwriter in the United States is $90,624 per year or $43.57 per hour. If you are in the top 10 percent, you will make over $168,000; however, if you are in the bottom 10 percent, you will earn less than $48,000 per year. Employers that have the highest concentration of job opportunities for Commercial Underwriters are Finance companies and Professional companies. Some of the states with the best Commercial Underwriter salaries are North Dakota, South Dakota, Minnesota, Wyoming, and Maine. The typical tenure for a Commercial Underwriter is 4.3 years.
Annual Salaries For Related Jobs

Average Commercial Underwriter Salary By Company

Commercial Underwriters can expect good job security. Some industries pay higher than others. Most Commercial Underwriter jobs are in Finance companies and Finance companies. Allstate and AmeriTrust Group are the highest paying companies. Companies like Central Pacific Bank and Grinnell Mutual Reinsurance Company Inc. also report very competitive wages for Commercial Underwriters.

Average Commercial Underwriter Salary By Location

Commercial Underwriters in the US makes an average salary of $90,624 per year or $43.57 per hour. The top city when it comes to Commercial Underwriter salaries is Minneapolis, MN at $120,248 per year. The Minneapolis, MN average entry-level salary for Commercial Underwriters is $68,000. North Dakota, South Dakota, Minnesota, Wyoming, and Maine are the highest paying states. Tennessee, Alabama, and Louisiana have the lowest Commercial Underwriter salaries.
RankCityAverage Salary
1
Minneapolis, MN
$120,248
2
San Francisco, CA
$118,453
3
Seattle, WA
$112,513
4
Denver, CO
$111,586
5
Omaha, NE
$109,711

Average Commercial Underwriter Salary By Industry

Commercial Underwriter salaries can vary depending on the industry. By looking at our data, we can see that Media companies, Utilities companies, and Insurance companies pay their Commercial Underwriters well. Media companies pay their Commercial Underwriters the highest wages, averaging $102,725 per year. Utilities companies and Insurance companies pay well too, at $90,283 and $89,522, respectively. At $89,367, the average salary for Commercial Underwriters in the Finance industry is lower than other industries.
RankIndustryAverage Salary
1
Media
$102,725
2
Utilities
$90,283
3
Insurance
$89,522
4
Finance
$89,367

RECENTLY ADDED Commercial Underwriter SALARIES

Company
Job
Location
Date Added
Salary
Wells Fargo
Commercial Underwriter
09/18/2019
$56,200
Cornerstone Staffing
Commercial Underwriter
09/17/2019
$47,458
Wells Fargo
Commercial Underwriter
07/12/2019
$67,100
Kelly Services
Commercial Underwriter
06/28/2019
$46,958
Cincinnati Financial Corporation
Commercial Underwriter
06/22/2019
$42,000
Disys
Commercial Underwriter
06/20/2019
$104,350
Thebestirs
Commercial Underwriter
06/10/2019
$75,000
Westfield
Commercial Underwriter
06/10/2019
$53,389
Kelly Services
Commercial Underwriter
06/05/2019
$46,958
Robert Half
Commercial Underwriter
05/28/2019
$62,610
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