How much does an Underwriting Manager make in Parkersburg, WV? The average Underwriting Manager salary in Parkersburg, WV is $116,513 as of February 26, 2024, but the range typically falls between $100,959 and $136,461. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

Underwriting Manager Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Underwriting Manager Salary $86,798 Parkersburg,WV February 26, 2024
25th Percentile Underwriting Manager Salary $100,959 Parkersburg,WV February 26, 2024
50th Percentile Underwriting Manager Salary $116,513 Parkersburg,WV February 26, 2024
75th Percentile Underwriting Manager Salary $136,461 Parkersburg,WV February 26, 2024
90th Percentile Underwriting Manager Salary $154,622 Parkersburg,WV February 26, 2024
25% $100,959 10% $86,798 90% $154,622 75% $136,461 $116,513 50%(Median) Didn’t find job title? Click
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What skills does an Underwriting Manager need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.

2.

Mortgage Banking: Mortgage banking generally involves loan originations as well as purchases and sales of loans through the secondary mortgage market. A bank engaged in mortgage banking may retain or sell loans it originates or purchases from affiliates, brokers, or correspondents.

3.

Wholesale: Buying and selling products in large quantities at a lower price to increase profitability through a high sales volume.

Leadership 4.36%
Mortgage Banking 1.31%
Wholesale 0.83%
Others 93.5%

Job Description for Underwriting Manager

Underwriting Manager manages daily operations of the underwriting process. Implements underwriting strategy and operational policies for product lines. Being an Underwriting Manager oversees the review and approval process for decisions and recommendations related to complex cases. Defines and establishes procedures for risk criteria, application and renewal, and acceptance and rejection. Additionally, Underwriting Manager develops underwriting team expertise with coaching, support and educational programs. Requires a bachelor's degree. Typically reports to a senior manager. The Underwriting Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be an Underwriting Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Underwriting Manager in Parkersburg, WV

Career Path for Underwriting Manager

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Underwriting Manager, the first career path typically progresses to Health Underwriting Director.

The second career path typically starts with a Life Underwriting Director position, and then progresses to Top Life Underwriting Executive.

The third career path typically starts with a Property Casualty Underwriting Director position, and then progresses to Top Property Casualty Underwriting Executive.

Additionally, the fourth career path typically starts with an Underwriting Senior Manager position, and then progresses to Underwriting Director.

Those that have already made the climb...
Pamela J. Shelley-Kessler, Co-President, Chief Financial Officer and Corporate Secretary
LTC is a real estate investment trust (REIT) investing in seniors housing and health care properties primarily through sale-leasebacks, mortgage financing, joint-ventures and structured finance solutions including preferred equity and mezzanine lending. LTC's investment portfolio includes 208 properties in 27 states wi... More
Fiscal Year Ended in 2022
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Underwriting Manager salary varies from city to city. Compared with national average salary of Underwriting Manager, the highest Underwriting Manager salary is in San Francisco, CA, where the Underwriting Manager salary is 25.0% above. The lowest Underwriting Manager salary is in Miami, FL, where the Underwriting Manager salary is 2.9% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-2.9%
City, State Chicago, IL Compared to national average
+ 5.5%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 17.5%
City, State Dallas, TX Compared to national average
-0.7%

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Average Base Salary

Core compensation

 
 
 
100959
136461
116513

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
110434
156299
132881
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Underwriting Manager in Parkersburg, WV. The base salary for Underwriting Manager ranges from $100,959 to $136,461 with the average base salary of $116,513. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $110,434 to $156,299 with the average total cash compensation of $132,881.
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100959
136461

 

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About Parkersburg, West Virginia    Parkersburg is a city in and the county seat of Wood County, West Virginia, United States. Located at the confluence of the Ohio and Little Kanawha r....More

Parkersburg, West Virginia  area prices were up 1.2% from a year ago    View the Cost of Living in Parkersburg, West Virginia

Underwriting Manager Salary in popular cities: CharlestonHuntingtonMorgantown

Skills associated with Underwriting Manager: Insurance Regulatory Guidelines, Contract Review, Reinsurance, Policy Analysis ...More

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Salary estimation for Underwriting Manager at companies like : M Financial Services Inc, K T Optical Inc, Phillips Automotive Inc