Skip navigation

Salaries for

Underwriter

Virginia Median
$45,000
National Median
$55,000
Median Income is the exact middle income earned by someone in a job or career field.

Recent Jobs Posted

Remote Senior Mortgage Underwriter
MOVEMENT MORTGAGE | Virginia Beach, VA 3 weeks ago

Underwriter III
Long & Foster Real Estate, Inc | Chantilly, VA 2 weeks ago

Senior Production Underwriter - Richmond VA
Westport One | Richmond, VA 3 weeks ago

Senior Business Development Underwriter
ICW Group | Alexandria, VA 2 weeks ago

View All Jobs

Underwriter

An underwriter analyzes loan-related risks for a financial institution.

A typical day in the life of an underwriter might include:

  • Seeking out loan clients, analyzing risk and profitability, and assessing liability
  • Approving loans and presenting decisions to executives
  • Maintaining an understanding of institutional policies and industry-wide financial regulations.

Salaries for

Underwriter

Virginia Median
$45,000
National Median
$55,000
Median Income is the exact middle income earned by someone in a job or career field.

Maximum Email Alerts

You've reached the maximum number of five email alerts. To create a new alert, delete one from the list and the new one will replace it.

* Please select at least one search to continue
* Well, this is embarrassing. We are having trouble deleting your search. You can try again in a bit or come back later.
Deleting 0 of 0
Success!

Recent Jobs Posted

Remote Senior Mortgage Underwriter
MOVEMENT MORTGAGE | Virginia Beach, VA 3 weeks ago

Underwriter III
Long & Foster Real Estate, Inc | Chantilly, VA 2 weeks ago

Senior Production Underwriter - Richmond VA
Westport One | Richmond, VA 3 weeks ago

Senior Business Development Underwriter
ICW Group | Alexandria, VA 2 weeks ago

View All Jobs

Top Pay by Location

These cities have the highest paying median for Underwriter
Northbrook, IL
$76,000
Arlington Heights, IL
$76,000
Schaumburg, IL
$76,000
Scottsdale, AZ
$70,000
New York, NY
$65,000
Chicago, IL
$60,000
Dallas, TX
$60,000
Charlotte, NC
$57,000
Salary information is calculated from job seeker profiles and job postings. Both hourly and yearly wages could be reported.

A typical day in the life of an underwriter might include:

  • Seeking out loan clients, analyzing risk and profitability, and assessing liability
  • Approving loans and presenting decisions to executives
  • Maintaining an understanding of institutional policies and industry-wide financial regulations.

Insider Tips

The typical average pay for underwriters is $55,000 per year. Professionals who have prior experience with underwriting and advanced understanding of credit, loans, and federal regulations can generally qualify for higher paying positions in this field. Underwriters with strong skills in financial analysis, data analysis, risk management, and insurance can also advance in this industry. Most underwriters continue to earn progressively higher salaries as they gain experience, and some move on to more specialized positions as underwriting supervisors or account managers, as they advance.