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How Much Does a Senior Underwriter Earn In The United States?

Senior Underwriter Salaries
Updated December 31, 2020
Average Yearly Salary
$100,000
$66,000
$100,000
$150,000
Senior underwriters in the United States make an average salary of $100,236 per year or $48.19 per hour. People on the lower end of that spectrum, the bottom 10% to be exact, make roughly $66,000 a year, while the top 10% makes $150,000. As most things go, location can be critical. New York, Massachusetts, Florida, Oklahoma, and Kansas provide the highest senior underwriter salaries.
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Where Senior Underwriters Earn The Most

The darker areas on the map show where senior underwriters earn the highest salaries across all 50 states.

Average Salary

How Much Do Senior Underwriters Earn In Different Cities?

Throughout the U.S., the average salary for a senior underwriter is roughly $100,236 per year, which boils down to $48.19 per hour. Interestingly enough, senior underwriters have the highest salaries in New York, NY at about $108,017 per year. For those who are just starting out, the average entry-level salary in New York, NY is $59,000. Additionally, senior underwriters make more than the average salary in Miami, FL, Boston, MA, Columbia, MD, Philadelphia, PA, and Atlanta, GA. On a more broad level, senior underwriter salaries are highest in New York, Massachusetts, Florida, Oklahoma, Kansas, Maryland, and Michigan. On the contrary, Arkansas, Mississippi, and New Mexico offer the lowest senior underwriter salaries.
Location
City
Average Salary

New York, NY

Salary Range78k - 148k$108k$108,017

Miami, FL

Salary Range74k - 141k$103k$102,982

Boston, MA

Salary Range74k - 139k$102k$101,872

Columbia, MD

Salary Range70k - 130k$96k$95,863

Philadelphia, PA

Salary Range69k - 130k$96k$95,649

Atlanta, GA

Salary Range67k - 126k$92k$92,202

Stamford, CT

Salary Range66k - 125k$92k$91,715

Newark, DE

Salary Range66k - 123k$91k$90,713

San Francisco, CA

Salary Range68k - 118k$90k$89,978

Chicago, IL

Salary Range66k - 121k$90k$89,806
$56k
$148k

High Paying Senior Underwriter Jobs

Which Companies Pay Senior Underwriters The Most?

To earn a high income as a senior underwriter, working for Everest Holdings or Community Bank might be your best bet, as they are the highest paying companies in this field. In addition, companies like BGC Partners and National Union Fire Insurance Company of Pittsburgh, Pa. report highly competitive salaries for senior underwriters.
Company
Company
Average Salary
Everest Holdings
Salary Range116k - 151k$133k$132,951
Community Bank
Salary Range112k - 155k$132k$132,180
BGC Partners
Salary Range110k - 151k$130k$129,622
XL Specialty Insurance Company *(A-6 )
Salary Range107k - 149k$127k$126,538
Great American Insurance Company
Salary Range111k - 139k$125k$124,620
Swiss Re America Holding Corporation
Salary Range104k - 145k$123k$123,063
First Continental Mortgage
Salary Range107k - 138k$122k$121,929
Lennar
Salary Range104k - 142k$122k$121,802
Raymond James
Salary Range102k - 143k$122k$121,656
$102k
$155k

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Senior Underwriter Salary History

Compare salaries for individual cities or states with the national average.

Location

    Recently Added Senior Underwriter Salaries

    Location
    CompanyJobLocationDate AddedSalary
    SR. Underwriter Consultant
    SR. Underwriter Consultant
    Minneapolis, MN
    Minneapolis, MN
    01/22/2021
    01/22/2021
    $66,074
    $66,074
    01/22/2021
    Vantage West Credit Union
    Vantage West Credit Union
    Senior Business Underwriter
    Senior Business Underwriter
    Senior Business Underwriter
    Tucson, AZ
    Tucson, AZ
    01/17/2021
    01/17/2021
    $59,700
    $59,700
    01/17/2021
    Senior Underwriter-Wholesale Inland Marine, Navigators, A Brand of The Hartford
    Senior Underwriter-Wholesale Inland Marine, Navigators, A Brand of The Hartford
    Los Angeles, CA
    Los Angeles, CA
    01/15/2021
    01/15/2021
    $67,000
    $67,000
    01/15/2021
    Senior Underwriter-Wholesale Inland Marine, Navigators, A Brand of The Hartford
    Senior Underwriter-Wholesale Inland Marine, Navigators, A Brand of The Hartford
    Greenwood Village, CO
    Greenwood Village, CO
    01/15/2021
    01/15/2021
    $67,000
    $67,000
    01/15/2021
    Senior Underwriter-Wholesale Inland Marine, Navigators, A Brand of The Hartford
    Senior Underwriter-Wholesale Inland Marine, Navigators, A Brand of The Hartford
    Scottsdale, AZ
    Scottsdale, AZ
    01/15/2021
    01/15/2021
    $67,000
    $67,000
    01/15/2021
    SR. Underwriter
    SR. Underwriter
    The Woodlands, TX
    The Woodlands, TX
    01/14/2021
    01/14/2021
    $95,000
    $95,000
    01/14/2021
    Underwriter Senior
    Underwriter Senior
    Charleston, WV
    Charleston, WV
    01/09/2021
    01/09/2021
    $36,000
    $36,000
    01/09/2021
    Senior Underwriter-Telecommute In CST, MST or PST Time Zones
    Senior Underwriter-Telecommute In CST, MST or PST Time Zones
    Portland, OR
    Portland, OR
    01/07/2021
    01/07/2021
    $53,300
    $53,300
    01/07/2021
    Remote Senior Underwriter (Ready To NOW!)
    Remote Senior Underwriter (Ready To NOW!)
    Atlanta, GA
    Atlanta, GA
    01/06/2021
    01/06/2021
    $90,000
    $90,000
    01/06/2021
    Remote Senior Underwriter (Ready To NOW!)
    Remote Senior Underwriter (Ready To NOW!)
    Fort Mill, SC
    Fort Mill, SC
    01/06/2021
    01/06/2021
    $90,000
    $90,000
    01/06/2021