M&T Bank underwriter salary

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Average M&T Bank underwriter salary

$70,593yearly

$29.69 hourly rate

Entry-level M&T Bank underwriter salary

$49,000 yearly

Updated April 5, 2024

How much does M&T Bank pay underwriters?

The average salary for M&T Bank underwriters is $70,593 per year. M&T Bank underwriter salaries range between $49,000 to $100,000 per year. M&T Bank underwriters earn 14% more than the national average salary for underwriters of $61,751.

Location impacts how much a underwriter at M&T Bank can expect to make. Underwriters at M&T Bank make the most in Buffalo, NY, Bridgeport, CT, and Harrisburg, PA.

How much does M&T Bank pay underwriters by location?

M&T Bank pays underwriters the most in Buffalo, NY, Bridgeport, CT, and Harrisburg, PA. Additionally, cities like Keene and Woodbridge also report highly competitive salaries for underwriters at M&T Bank.

Underwriter M&T Bank salary by location

Rank	City	Avg. salary	Hourly rate
1	Buffalo, NY	$90,721	$43.62
2	Bridgeport, CT	$86,574	$41.62
3	Harrisburg, PA	$83,067	$39.94
4	Keene, NH	$80,581	$38.74
5	Woodbridge, NJ	$79,846	$38.39
6	Wilmington, DE	$77,645	$37.33
7	Pineville, NC	$77,324	$37.17
8	Atlanta, GA	$73,217	$35.20
9	Falmouth, ME	$73,063	$35.13
10	Baltimore, MD	$71,140	$34.20

Highest-paid M&T Bank underwriters by job level

Rank	Job title	Average salary	Hourly rate	Job openings
1	Underwriter Solicitation Director	$92,636	$45	-
2	Underwriting Manager	$83,222	$40	2
3	Securities Underwriter	$83,076	$40	-
4	Automobile And Property Underwriter	$81,144	$39	-
5	Investment Underwriter	$77,119	$37	-
6	Health Underwriter	$73,239	$35	-
7	Underwriting Specialist	$72,359	$35	-
8	Life Underwriter	$72,240	$35	-
9	Bond Underwriter	$71,133	$34	-
10	Marine Underwriter	$69,774	$34	-

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Recent salaries for underwriters at m&t bank

Job	Location	Date added	Salary
Business Banking Underwriter II (Hybrid-See Possible Locations In Job Description)	Buffalo, NY	06/28/2025	$51,674
Loss Mitigation Underwriter I	Fine, NY	05/29/2025	$38,756
Loss Mitigation Underwriter I (Remote Eligible)	Clanton, AL	04/10/2025	$38,756
Business Banking Underwriter III	Buffalo, NY	04/09/2025	$60,890
Loss Mitigation Underwriter II	Fine, NY	03/30/2025	$43,702

Underwriter salary at M&T Bank competitors

Rank	Company	Average salary	Hourly rate	Job openings
1	BNY Mellon	$102,619	$49	-
2	Citi	$98,728	$47	5
3	Morgan Stanley	$97,932	$47	-
4	Prudential Retirement Insurance And Annuity Co	$94,556	$45	-
5	JPMorgan Chase & Co.	$80,351	$39	12
6	T. Rowe Price	$75,804	$36	-
7	Fifth Third Bank	$66,177	$32	-
8	Huntington National Bank	$57,974	$28	4
9	Bank of America	$56,975	$27	24
10	Wells Fargo	$54,804	$26	6
11	U.S. Bank	$54,574	$26	-
12	Wilmington Trust	$53,782	$26	-
13	BB&T	$53,355	$26	-
14	KeyBank	$52,498	$25	6
15	Regions Bank	$51,071	$25	10
16	SunTrust	$50,923	$24	-
17	Citizens Financial Group	$45,816	$22	6
18	Bank of the West	$43,624	$21	-
19	Citizens Bank of Amsterdam	$39,660	$19	-
20	TCF Financial	$36,567	$18	-

Show more underwriter salaries at M&T Bank competitors.