What are the main factors that influence a Commercial Underwriting's salary?

The primary factors are: 1) Experience Level, 2) Geographic Location, 3) Education/Skills, 4) Company Size & Industry

How does experience change A Commercial Underwriting's salary?

A Commercial Underwriting's salary grows with experience: starting around $56,065 for beginners, reaching about $58,159 at mid-level, and approach $59,393 for experts.

What are the highest paying states for a Commercial Underwriting?

Commercial Underwriting salary varies significantly by state. The top 3 highest paying states for Commercial Underwriting roles are District of Columbia $64,242, California $63,998, Massachusetts $63,145. These tech hubs typically pay 10-15% above the national average.

How much do different types of Commercial Underwriting roles make?

Salaries for Commercial Underwriting level roles vary by specialization: Underwriting Director: $196,678; Commercial Loan Officer IV: $129,879; Underwriting Manager: $119,597; Commercial Underwriting Manager: $118,781; Commercial Loan Officer III: $115,951.

Commercial Underwriting Salary in the United States

How much does a Commercial Underwriting make in the United States? As of September 01, 2026, the average salary for a Commercial Underwriting in the United States is $58,022 per year, which breaks down to an hourly rate of $28.

However, a Commercial Underwriting's salary can vary significantly. Here's a look at the typical salary range:

Top Earners (90th percentile): $67,449
Majority Range (25th-75th percentile): $53,202 to $62,957
Entry-Level (10th percentile): $48,813

10% $48,813

50% (Median) $58,022

90% $67,449

Commercial Underwriting Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$62,957	$5,246	$1,211	$30
Average	$58,022	$4,835	$1,116	$28
25th Percentile	$53,202	$4,433	$1,023	$26

Salary Factors Salary-Boosting Skills Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

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Key Factors That Influence Commercial Underwriting Salaries

A Commercial Underwriting's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.

How Experience Level Affects Commercial Underwriting Salaries?

Experience is a primary driver of a Commercial Underwriting's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

Entry-Level (less than 1 year): $56,065
Early Career (1-2 years): $56,839
Mid-Level (2-4 years): $58,159
Senior-Level (5-8 years): $59,256
Expert (over 8 years): $59,393

Job Role	Years of Experience	Average Salary
Entry Level Commercial Underwriting	less than 1 year	$56,065
Early Career Level Commercial Underwriting	1-2 years	$56,839
Mid-Level Level Commercial Underwriting	2-4 years	$58,159
Senior-Level Level Commercial Underwriting	5-8 years	$59,256
Expert Level Commercial Underwriting	over 8 years	$59,393

How Do Commercial Underwriting Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Commercial Underwritings. For example, consider the average annual salaries in these key locations:

District of Columbia: $64,242.
California: $63,998.
Massachusetts: $63,145.

District of Columbia $64,242 California $63,998 Massachusetts $63,145 Washington $62,913 New Jersey $62,890 Alaska $62,809 Connecticut $62,008 New York $61,683

Hawaii $60,645 Rhode Island $60,157 Maryland $59,827 Minnesota $59,374 Colorado $59,200 Illinois $59,142 Oregon $58,921 Delaware $58,759

New Hampshire $58,657 Virginia $58,428 Pennsylvania $57,761 Nevada $57,424 North Dakota $57,314 Michigan $57,140 Wisconsin $57,076 Vermont $56,949

Texas $56,595 Maine $56,572 Arizona $56,537 Ohio $56,496 Georgia $55,962 Indiana $55,695 Wyoming $55,643 Utah $55,562

Iowa $55,527 Kansas $55,249 Louisiana $55,167 North Carolina $55,138 Missouri $55,127 Florida $54,901 Montana $54,779 Nebraska $54,663

Kentucky $54,599 South Carolina $54,367 Tennessee $54,222 Idaho $54,164 New Mexico $53,740 Oklahoma $53,647 Alabama $53,305 South Dakota $52,730

Arkansas $52,417 West Virginia $52,249 Mississippi $51,744

Top Paying Cities for Commercial Underwriting

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

San Jose: $73,183
San Francisco: $72,382
Oakland: $70,857

San Jose, CA $73,183

San Francisco, CA $72,382

Oakland, CA $70,857

New York, NY $66,806

Paramus, NJ $65,994

Queens Village, NY $65,991

Passaic, NJ $65,936

Bergenfield, NJ $65,931

Stamford, CT $65,803

Huntington, NY $65,779

Newark, NJ $65,350

Bridgeport, CT $65,228

Vallejo, CA $65,112

New Brunswick, NJ $65,089

Petaluma, CA $65,054

Middlesex, NJ $64,944

Somerset, NJ $64,904

Santa Cruz, CA $64,828

Boston, MA $64,474

Monterey, CA $64,270

Seattle, WA $64,138

Santa Rosa, CA $64,126

Los Angeles, CA $64,109

Juneau, AK $63,958

Washington, DC $63,894

Orange, CA $63,687

Santa Ana, CA $63,534

Long Beach, CA $63,476

Anaheim, CA $63,465

Anchorage, AK $63,436

Santa Maria, CA $63,261

Everett, WA $63,250

Danbury, CT $63,046

Bremerton, WA $62,966

Tacoma, WA $62,757

New Suffolk, NY $62,756

Sacramento, CA $62,739

Santa Barbara, CA $62,675

San Diego, CA $62,612

Trenton, NJ $62,612

Brockton, MA $62,548

Fairbanks, AK $62,406

Lompoc, CA $62,258

Lowell, MA $62,211

Ventura, CA $62,200

Nashua, NH $62,188

Stockton, CA $62,182

Modesto, CA $61,759

Poughkeepsie, NY $61,631

Olympia, WA $61,521

Kennewick, WA $61,521

New Haven, CT $61,498

Lawrence, MA $61,289

Hartford, CT $61,231

Riverside, CA $61,219

New Bedford, MA $61,161

Richland, WA $61,161

Bakersfield, CA $61,080

San Bernardino, CA $61,057

New Britain, CT $61,051

Atlantic City, NJ $61,051

New London, CT $61,028

Norwich, CT $61,010

Portsmouth, NH $60,999

Boulder, CO $60,876

Portland, OR $60,796

Worcester, MA $60,790

Minneapolis, MN $60,610

Philadelphia, PA $60,529

Honolulu, HI $60,337

Saint Paul, MN $60,309

Vineland, NJ $60,297

Providence, RI $60,128

Chicago, IL $59,960

Bellingham, WA $59,890

Springfield, MA $59,844

Baltimore, MD $59,827

Chico, CA $59,682

Pittsfield, MA $59,525

Manchester, NH $59,415

Spokane, WA $59,159

Denver, CO $59,154

Albany, NY $58,881

Troy, NY $58,858

Nassau, NY $58,796

Schenectady, NY $58,736

Wilmington, DE $58,689

Burlington, VT $58,608

Salem, OR $58,585

Portland, ME $58,405

Yakima, WA $58,347

Rochester, MN $58,167

Reno, NV $58,138

Fresno, CA $58,138

Milwaukee, WI $58,086

Detroit, MI $58,028

Ann Arbor, MI $58,018

Allentown, PA $58,010

Colorado Springs, CO $57,912

Syracuse, NY $57,883

Carson City, NV $57,883

Houston, TX $57,802

Eugene, OR $57,773

Gary, IN $57,703

Springfield, OR $57,657

Bismarck, ND $57,645

Galveston, TX $57,604

Medford, OR $57,517

Fort Collins, CO $57,494

Concord, NH $57,465

Austin, TX $57,448

Mesa, AZ $57,326

Reading, PA $57,320

Phoenix, AZ $57,314

Dallas, TX $57,297

Saint Cloud, MN $57,241

Madison, WI $57,163

Utica, NY $57,007

Rochester, NY $56,914

Des Moines, IA $56,908

Raleigh, NC $56,902

Atlanta, GA $56,815

Battle Creek, MI $56,798

Salt Lake City, UT $56,780

Lancaster, PA $56,693

Harrisburg, PA $56,612

Kansas City, MO $56,554

Kansas City, KS $56,543

Champaign, IL $56,543

Fort Worth, TX $56,537

Columbus, OH $56,527

Boca Raton, FL $56,514

Pittsburgh, PA $56,490

Richmond, VA $56,467

Indianapolis, IN $56,456

Cleveland, OH $56,450

Las Vegas, NV $56,380

Cincinnati, OH $56,380

Petersburg, VA $56,293

Huntsville, AL $56,206

Lansing, MI $56,167

Lebanon, PA $56,160

Pueblo, CO $56,154

Appleton, WI $56,136

Buffalo, NY $56,113

Dayton, OH $56,096

Racine, WI $56,084

Charlotte, NC $56,078

Saint Louis, MO $56,061

York, PA $56,026

Elkhart, IN $56,026

Gastonia, NC $56,015

Billings, MT $56,001

Beaumont, TX $55,986

Lorain, OH $55,974

Benton Harbor, MI $55,962

Toledo, OH $55,951

Binghamton, NY $55,922

Rock Hill, SC $55,916

Rockford, IL $55,887

Springfield, IL $55,864

Elyria, OH $55,858

Fargo, ND $55,858

Flagstaff, AZ $55,817

Fort Lauderdale, FL $55,782

Duluth, MN $55,748

Miami, FL $55,748

Grand Forks, ND $55,707

Cheyenne, WY $55,707

Bangor, ME $55,579

Cedar Rapids, IA $55,516

Durham, NC $55,491

Louisville, KY $55,487

Grand Rapids, MI $55,475

Hialeah, FL $55,469

Casper, WY $55,388

Scranton, PA $55,318

New Orleans, LA $55,301

Virginia Beach, VA $55,295

Akron, OH $55,266

Peoria, IL $55,191

Sarasota, FL $55,179

Nashville, TN $55,138

Omaha, NE $55,138

Green Bay, WI $55,138

Baton Rouge, LA $55,109

Charleston, SC $55,098

Davenport, IA $55,069

Jamestown, NY $55,069

Tucson, AZ $55,040

Saint Petersburg, FL $55,005

Tampa, FL $54,993

Evansville, IN $54,959

Port Arthur, TX $54,959

Bradenton, FL $54,935

Santa Fe, NM $54,831

Orlando, FL $54,726

Clearwater, FL $54,709

La Crosse, WI $54,587

Canton, OH $54,587

Albuquerque, NM $54,552

Newport News, VA $54,547

High Point, NC $54,529

Ogden, UT $54,506

Corpus Christi, TX $54,460

Norfolk, VA $54,425

Laramie, WY $54,425

Rock Island, IL $54,390

Saginaw, MI $54,378

Jacksonville, FL $54,373

Salisbury, NC $54,361

Boise, ID $54,349

Moline, IL $54,320

Fort Myers, FL $54,303

Memphis, TN $54,291

Tulsa, OK $54,262

Waterloo, IA $54,227

Spartanburg, SC $54,169

Lincoln, NE $54,140

Fort Wayne, IN $54,129

Provo, UT $54,123

Cedar Falls, IA $54,053

San Antonio, TX $54,030

Greensboro, NC $54,007

South Bend, IN $54,001

Savannah, GA $53,937

Muskegon, MI $53,914

Birmingham, AL $53,908

Winston Salem, NC $53,880

Lake Charles, LA $53,740

Anderson, IN $53,728

Lexington, KY $53,711

Augusta, GA $53,694

Greenville, SC $53,694

Lima, OH $53,647

Wichita, KS $53,641

Tuscaloosa, AL $53,641

Columbia, SC $53,589

Springfield, OH $53,578

Asheville, NC $53,485

Bloomington, IN $53,444

Knoxville, TN $53,235

Shreveport, LA $53,229

Wilmington, NC $53,154

Roanoke, VA $53,154

Topeka, KS $53,050

Frankfort, KY $53,043

Oklahoma City, OK $53,003

Chillicothe, OH $52,980

Longview, TX $52,974

Melbourne, FL $52,968

Sioux Falls, SD $52,876

Mobile, AL $52,870

Terre Haute, IN $52,847

Altoona, PA $52,812

Amarillo, TX $52,771

Killeen, TX $52,754

Fayetteville, AR $52,707

Chattanooga, TN $52,690

Sioux City, IA $52,638

Idaho Falls, ID $52,626

Lynchburg, VA $52,580

Gainesville, FL $52,504

Portsmouth, OH $52,475

Little Rock, AR $52,464

Lafayette, LA $52,440

Youngstown, OH $52,440

Daytona Beach, FL $52,406

Clarksville, TN $52,400

Pensacola, FL $52,394

Temple, TX $52,390

Hopkinsville, KY $52,220

Erie, PA $52,208

Florence, SC $52,185

Charleston, WV $52,092

Great Falls, MT $52,063

Macon, GA $51,982

Tallahassee, FL $51,976

Fayetteville, NC $51,965

Waco, TX $51,953

Helena, MT $51,912

Pine Bluff, AR $51,890

Vincennes, IN $51,820

Lubbock, TX $51,796

Alamogordo, NM $51,762

Twin Falls, ID $51,709

Rapid City, SD $51,692

Jackson, MS $51,587

Huntington, WV $51,583

Greenville, MS $51,582

Parkersburg, WV $51,522

Montgomery, AL $51,512

Wichita Falls, TX $51,454

Springfield, MO $51,454

Biloxi, MS $51,425

Monroe, LA $51,367

Johnstown, PA $51,326

Sumter, SC $51,303

Columbus, GA $51,297

Pascagoula, MS $51,187

Abilene, TX $51,187

Kingsport, TN $51,036

Albany, GA $51,036

Gulfport, MS $51,019

Alexandria, LA $50,827

Fort Smith, AR $50,682

El Paso, TX $50,526

Las Cruces, NM $50,265

Harlingen, TX $50,117

Pocatello, ID $50,108

Florence, AL $50,032

Brownsville, TX $50,021

Mcallen, TX $49,899

Dothan, AL $49,818

Columbus, MS $49,473

Altus, OK $49,203

Lawton, OK $49,092

Pierre, SD $48,884

How Education impacts a Commercial Underwriting's Salary?

Your level of education can impact your salary potential. While many Commercial Underwriting professionals enter the field with a Associate's degree, higher education can lead to more specialized and higher-paying roles.

According to our 100% employer-reported salary data, the median salary for a Commercial Underwriting with a Associate's is between $52,466 and $55,912.

Commercial Underwriting Salaries by Degree Level

$56,900
$56,300
$55,700
$55,000
$54,400
$53,800
$53,100
$52,500

Typical Education for Commercial Underwriting
Degree Level	% of user with this level of education
No Degree	18.4%
High School	18.4%
Associate's Degree	12.2%
Bachelor's Degree	61.2%
Master's Degree or MBA	8.2%
JD, MD, PhD or Equivalent	0%

View as Graph

Commercial Underwriting Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Commercial Underwriting's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

$53,202

Average $58,022/year

$62,957

$4,433

Average $4,835/month

$5,246

$1,023

Average $1,116/week

$1,211

$26

Average $28/hour

$30

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$62,957	$5,246	$1,211	$30
Average	$58,022	$4,835	$1,116	$28
25th Percentile	$53,202	$4,433	$1,023	$26

Salary Trends for Commercial Underwriting

Salaries for a Commercial Underwriting can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $46,995 in 2023 to around $46,315 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Commercial Underwriting salary trends, click here.

Average Annual Salary of Commercial Underwriting Over Time

$???
$46,995
$46,590
$46,315
$???
$???

2022
2023
2024
2025
2026
2027

Year	Average Annual Salary
2022	View More
2023	$46,995
2024	$46,590
2025	$46,315

Most common benefits for Commercial Underwriting

Social Security
401 (k)
Disability
Healthcare
Pension
Time Off (days)

Common company salaries for Commercial Underwriting

Here are companies hiring for Commercial Underwriting and their salaries, click below for more details.

P $125,704/per year

PayPal Inc Financial Services United States

M $121,485/per year

MUFG Americas Holding Corp Financial Services United States

B $120,306/per year

Bloomberg LP Financial Services United States

S $119,966/per year

Santander Holdings USA Inc Financial Services United States

J $119,358/per year

JP Morgan India Private Ltd Financial Services United States

M $118,491/per year

Mastercard International Inc Financial Services United States

S $117,692/per year

Santander Bank, NA Financial Services United States

I $115,310/per year

INTL FCStone Inc Financial Services United States

T $111,455/per year

The Jordan Co Financial Services United States

U $108,529/per year

US Bancorp Financial Services United States

O $106,912/per year

OSI Group LLC Financial Services United States

V $106,450/per year

Vanguard AG Financial Services United States

R $106,297/per year

Rocket Companies Inc Financial Services United States

T $105,841/per year

Transform SR Brands LLC Financial Services United States

E $105,321/per year

Edward D Jones & Co. LP Financial Services United States

K $103,337/per year

Kobe Steel Ltd Financial Services United States

W $100,369/per year

Wells Fargo Clearing Services LLC Financial Services United States

U $100,185/per year

US Bank Financial Services United States

B $99,591/per year

Branch Banking and Trust Co Financial Services United States

S $98,411/per year

somoscmi.com Financial Services United States

B $97,291/per year

BBVA USA Bancshares Inc Financial Services United States

G $96,699/per year

Greentown China Holdings Ltd Financial Services United States

G $96,473/per year

General Motors Financial Company Inc Financial Services United States

P $96,405/per year

Principal Financial Services Inc Financial Services United States

S $94,129/per year

Synchrony Bank Financial Services United States

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Ready to take the next step in your career? Browse thousands of current Commercial Underwriting job openings on our job board. Use the search bar below to find your perfect match.

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Where Does Our Salary Data Come From?

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Commercial Underwriting Salary in the United States

Check out Commercial Underwriting Job Openings in the United States

Key Factors That Influence Commercial Underwriting Salaries

How Experience Level Affects Commercial Underwriting Salaries?

How Do Commercial Underwriting Salaries Vary from State to State?

Top Paying Cities for Commercial Underwriting

How Education impacts a Commercial Underwriting's Salary?

Commercial Underwriting Salaries by Degree Level

Typical Education for Commercial Underwriting

Commercial Underwriting Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Salary Trends for Commercial Underwriting

Average Annual Salary of Commercial Underwriting Over Time

Most common benefits for Commercial Underwriting

Common company salaries for Commercial Underwriting

Find Your Next Commercial Underwriting Job

For Employees

For Employers

Where Does Our Salary Data Come From?

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Commercial Underwriting Salary in the United States

Check out Commercial Underwriting Job Openings in the United States

Key Factors That Influence Commercial Underwriting Salaries

How Experience Level Affects Commercial Underwriting Salaries?

How Do Commercial Underwriting Salaries Vary from State to State?

Top Paying Cities for Commercial Underwriting

How Education impacts a Commercial Underwriting's Salary?

Commercial Underwriting Salaries by Degree Level

Typical Education for Commercial Underwriting

Commercial Underwriting Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Salaries of jobs related to Commercial Underwriting

Salary Trends for Commercial Underwriting

Average Annual Salary of Commercial Underwriting Over Time

Most common benefits for Commercial Underwriting

Common company salaries for Commercial Underwriting

Find Your Next Commercial Underwriting Job

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Where Does Our Salary Data Come From?

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