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How Much Does an Underwriting Manager Earn In The United States?

Average Yearly Salary
Updated December 31, 2020
$121,000
$81,000
$121,000
$181,000
Underwriting managers in the United States make an average salary of $121,907 per year or $58.61 per hour. People on the lower end of that spectrum, the bottom 10% to be exact, make roughly $81,000 a year, while the top 10% makes $181,000. As most things go, location can be critical. New York, New Jersey, California, Delaware, and Connecticut provide the highest underwriting manager salaries.
Best Paying Cities
New York, NY
$119,246
Houston, TX
$104,544
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Where Underwriting Managers Earn The Most

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

Average Salary

How Much Do Underwriting Managers Earn In Different Cities?

If both location and money are important to you, then you might want to check out moving to New York, New Jersey and California, as these three states offer the highest salaries throughout the U.S. for underwriting managers. Quite opposite of that list is the lowest paying states, which are West Virginia, Mississippi, and Utah.
City
Average Salary

New York, NY

Salary Range86k - 165k$119k$119,246

Mount Laurel, NJ

Salary Range78k - 150k$109k$108,892

Houston, TX

Salary Range77k - 141k$105k$104,544

Hartford, CT

Salary Range75k - 144k$104k$104,130

Minneapolis, MN

Salary Range72k - 143k$102k$102,135

Braintree Town, MA

Salary Range73k - 140k$102k$101,793

Los Angeles, CA

Salary Range75k - 135k$101k$101,227

Horsham, PA

Salary Range71k - 137k$99k$99,131

Coral Gables, FL

Salary Range66k - 129k$93k$93,193

Seattle, WA

Salary Range70k - 122k$93k$92,776
$50k
$165k

High Paying Underwriting Manager Jobs

Which Companies Pay Underwriting Managers The Most?

If you want to get paid the most as an underwriting manager, being employed by a company such as The Standard or UnitedHealth Group would be a smart choice, as they are the highest paying companies in this field. Additionally, companies like Arthur J. Gallagher & Co. and Citizens Financial Group also report highly competitive salaries for underwriting managers.
Company
Average Salary
The Standard
Salary Range117k - 146k$131k$131,426
UnitedHealth Group
Salary Range107k - 134k$120k$120,105
Arthur J. Gallagher & Co.
Salary Range107k - 134k$120k$120,060
Citizens Financial Group
Salary Range107k - 134k$120k$120,029
PayPal
Salary Range107k - 134k$120k$119,983
Wells Fargo
Salary Range107k - 134k$120k$119,964
D.R. Horton
Salary Range108k - 131k$120k$119,709
NVR
Salary Range108k - 131k$119k$119,403
Guide
Salary Range103k - 125k$114k$113,775
Highmark
Salary Range103k - 123k$113k$113,277
$86k
$146k

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Underwriting Manager Salary History

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

    Recently Added Underwriting Manager Salaries

    CompanyJobLocationDate AddedSalary
    Underwriting Manager
    Underwriting Manager
    Gurnee, IL
    Gurnee, IL
    11/18/2020
    11/18/2020
    $62,798
    $62,798
    11/18/2020
    Underwriting Manager With Workers Comp Experience
    Underwriting Manager With Workers Comp Experience
    San Diego, CA
    San Diego, CA
    10/20/2020
    10/20/2020
    $75,000
    $75,000
    10/20/2020
    Underwriting Manager
    Underwriting Manager
    Manchester, NH
    Manchester, NH
    09/19/2020
    09/19/2020
    $110,000
    $110,000
    09/19/2020
    Mortgage Lending Underwriting Manager 2
    Mortgage Lending Underwriting Manager 2
    Chandler, AZ
    Chandler, AZ
    08/15/2020
    08/15/2020
    $79,100
    $79,100
    08/15/2020
    Mortgage Underwriting Manager
    Mortgage Underwriting Manager
    Eugene, OR
    Eugene, OR
    07/23/2020
    07/23/2020
    $85,800
    $85,800
    07/23/2020
    Mortgage Lending Underwriting Manager 1
    Mortgage Lending Underwriting Manager 1
    Chandler, AZ
    Chandler, AZ
    06/13/2020
    06/13/2020
    $63,900
    $63,900
    06/13/2020
    Lending Manager (Safe) 2--Va/Fha Underwriting
    Lending Manager (Safe) 2--Va/Fha Underwriting
    Portland, OR
    Portland, OR
    04/15/2020
    04/15/2020
    $79,100
    $79,100
    04/15/2020
    Mortgage Underwriting Manager
    Mortgage Underwriting Manager
    Charlotte, NC
    Charlotte, NC
    03/12/2020
    03/12/2020
    $100,000
    $100,000
    03/12/2020
    Lending Manager 1 (Safe)-Mortgage Underwriting Manager
    Lending Manager 1 (Safe)-Mortgage Underwriting Manager
    Raleigh, NC
    Raleigh, NC
    03/07/2020
    03/07/2020
    $63,900
    $63,900
    03/07/2020
    Underwriting Manager
    Underwriting Manager
    Jacksonville, FL
    Jacksonville, FL
    01/30/2020
    01/30/2020
    $79,306
    $79,306
    01/30/2020