UNDERWRITING ASSOCIATE SALARY

Average Yearly Salary
$76,000
$38,000
Min 10%
$76,000
Median 50%
$154,000
Max 90%
Best Paying Company
W. R. Berkley
Highest Paying City
Bismarck, ND
Highest Paying State
North Dakota
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 $76,888 annually or $36.97 hourly. Those in the bottom 10 percent make under $38,000 a year, and the top 10 percent make over $154,000. 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 North Dakota, South Dakota, Minnesota, Vermont, and Maine. The typical employment for an Underwriting Associate is 3.1 years.
Annual Salaries For Related Jobs

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 W. R. Berkley and Goldman Sachs. If you can find a job at a company like JPMorgan Chase or Nationwide Mutual Insurance ..., they also offer very competitive salaries to their Underwriting Associates.

Average Underwriting Associate Salary By Location

As an Underwriting Associate in the U.S., you can expect to earn on average $76,888 per year or $36.97 per hour. The city with the highest Underwriting Associate salary is Bismarck, ND at $152,513 per year. The average entry-level salary in Bismarck, ND is $89,000. The top 5 states with the highest reported Underwriting Associate salaries are North Dakota, South Dakota, Minnesota, Vermont, and Maine. South Carolina, Nevada, California, Arizona, and Florida have the lowest reported salaries for Underwriting Associates.
RankCityAverage Salary
1
Bismarck, ND
$152,513
2
Minneapolis, MN
$132,268
3
Sioux Falls, SD
$131,246
4
Des Moines, IA
$116,465
5
Dallas, TX
$111,411

Average Underwriting Associate Salary By Industry

Wages for Underwriting Associates can differ based on the industry they work in. By looking at our data, we can see that Professional companies, Finance companies, and Insurance companies pay their Underwriting Associates well. Professional companies pay their Underwriting Associates the highest wages, averaging $84,155 per year. Finance companies and Insurance companies pay well too, at $82,321 and $77,541, respectively. The average salary for Underwriting Associates in the Utilities industry is lower than the rest, coming in at $69,371.
RankIndustryAverage Salary
1
Professional
$84,155
2
Finance
$82,321
3
Insurance
$77,541
4
Utilities
$69,371

RECENTLY ADDED Underwriting Associate SALARIES

Company
Job
Location
Date Added
Salary
Spherion
Underwriting Associate
10/28/2019
$31,305
CNA Financial
Underwriting Associate
10/09/2019
$50,000
CNA Financial
Underwriting Associate
10/09/2019
$50,000
Mutual of Enumclaw Insurance
Underwriting Associate
09/19/2019
$54,000
Spherion
Underwriting Associate
08/15/2019
$31,305
Kelly Services
Underwriting Associate
07/10/2019
$39,653
Spherion
Underwriting Associate
07/09/2019
$31,305
Liberty Mutual Group Inc.
Associate Surety, Underwriter I
03/15/2019
$49,982
03/08/2019
$50,000