Underwriting Associate Salary

Average Yearly Salary
Updated May 19, 2020
$61,000
$38,000
Min 10%
$61,000
Median 50%
$100,000
Max 90%
Best Paying Company
Situs
Highest Paying City
Boston, MA
Highest Paying State
Rhode Island
Average Experience Level
3.1 years
How much does an underwriting associate make?
The national average salary for an Underwriting Associate in the U.S. is $61,941 annually or $29.78 hourly. Those in the bottom 10 percent make under $38,000 a year, and the top 10 percent make over $100,000. The most abundant employment opportunities for Underwriting Associates are in Insurance companies and Finance companies. The top 5 states when it comes to Underwriting Associate salaries are Rhode Island, Massachusetts, Connecticut, New Hampshire, and Delaware. The typical employment for an Underwriting Associate is 3.1 years.
Annual Salaries For Related Jobs

Average Underwriting Associate Salary By Location

As an Underwriting Associate in the U.S., you can expect to earn on average $61,941 per year or $29.78 per hour. The city with the highest Underwriting Associate salary is Boston, MA at $90,530 per year. The average entry-level salary in Boston, MA is $48,000. The top 5 states with the highest reported Underwriting Associate salaries are Rhode Island, Massachusetts, Connecticut, New Hampshire, and Delaware. South Dakota, North Dakota, Washington, Wyoming, and Idaho have the lowest reported salaries for Underwriting Associates.

Map of Underwriting Associate Salaries

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

Average Salary:

Average Underwriting Associate Salary By Company

There is good job security in Underwriting Associate positions. Some industries offer better pay and benefit packages than others. Insurance companies and Finance companies have the most job opportunities for Underwriting Associates. The two companies that report the highest salaries for Underwriting Associates are Situs and American International Group. If you can find a job at a company like HW Kaufman Financial Group or JPMorgan Chase, they also offer very competitive salaries to their Underwriting Associates.

Underwriting Associate Salary History

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

National Average
Ashburn, VA

Underwriting Associate Salary By Experience Level

The salary for an Underwriting Associate can range from $37,098 to $92,018 depending on the amount of work experience that the person has. Data on how experience level affects salary is provided by the Bureau of Labor Statistics (BLS) as part of their National Compensation Survey, which is based on factors such as knowledge, complexity, contacts, and environment.

Recently Added Underwriting Associate Salaries

CompanyJobLocationDate AddedSalary
Underwriting Associate
Underwriting Associate
03/25/2020
03/25/2020
$41,740
$41,740
Underwriting Associate
Underwriting Associate
03/06/2020
03/06/2020
$41,740
$41,740
Associate Underwriter-Farm
Associate Underwriter-Farm
03/04/2020
03/04/2020
$55,813
$55,813
Underwriting Associate
Underwriting Associate
03/04/2020
03/04/2020
$41,740
$41,740
Shelter Insurance
Shelter Insurance
Underwriting Associate
Underwriting Associate
12/23/2019
12/23/2019
$32,557
$32,557
Underwriting Associate
Underwriting Associate
12/18/2019
12/18/2019
$50,000
$50,000
Underwriting Associate
Underwriting Associate
10/28/2019
10/28/2019
$31,305
$31,305
Underwriting Associate
Underwriting Associate
10/09/2019
10/09/2019
$50,000
$50,000
Underwriting Associate
Underwriting Associate
10/09/2019
10/09/2019
$50,000
$50,000
Underwriting Associate
Underwriting Associate
09/19/2019
09/19/2019
$54,000
$54,000