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 $51,925 for beginners, reaching about $53,863 at mid-level, and approach $55,005 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 $64,238, California $63,994, Massachusetts $63,141. 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: $196,645; Commercial Loan Officer IV: $129,877; Underwriting Manager: $119,597; Commercial Underwriting Manager: $118,781; Commercial Loan Officer III: $115,940.

Commercial Underwriting Salary in New Mexico

How much does a Commercial Underwriting make in New Mexico? As of August 01, 2026, the average salary for a Commercial Underwriting in New Mexico is $53,737 per year, which breaks down to an hourly rate of $26.

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

Top Earners (90th percentile): $62,462
Majority Range (25th-75th percentile): $49,272 to $58,304
Entry-Level (10th percentile): $45,207

10% $45,207

50% (Median) $53,737

90% $62,462

Commercial Underwriting Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$58,304	$4,859	$1,121	$28
Average	$53,737	$4,478	$1,033	$26
25th Percentile	$49,272	$4,106	$948	$24

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

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Check out Commercial Underwriting Job Openings in New Mexico

Underwriting Specialist

Zurich Insurance Company Ltd. – LENEXA, KS

Underwriting Executive

Zurich Insurance Company Ltd. – LOS ANGELES, CA

RCIS Regional Underwriting Lead

Zurich Insurance Company Ltd. – RAMSEY, MN

AVP Underwriting Manager

Zurich Insurance Company Ltd. – TIMES SQUARE, WA

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 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): $51,925
Early Career (1-2 years): $52,642
Mid-Level (2-4 years): $53,863
Senior-Level (5-8 years): $54,878
Expert (over 8 years): $55,005

Job Role	Years of Experience	Average Salary
Entry Level Commercial Underwriting	less than 1 year	$51,925
Early Career Level Commercial Underwriting	1-2 years	$52,642
Mid-Level Level Commercial Underwriting	2-4 years	$53,863
Senior-Level Level Commercial Underwriting	5-8 years	$54,878
Expert Level Commercial Underwriting	over 8 years	$55,005

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: $64,238.
California: $63,994.
Massachusetts: $63,141.

District of Columbia $64,238 California $63,994 Massachusetts $63,141 Washington $62,909 New Jersey $62,886 Alaska $62,805 Connecticut $62,004 New York $61,679

Hawaii $60,641 Rhode Island $60,153 Maryland $59,823 Minnesota $59,370 Colorado $59,196 Illinois $59,138 Oregon $58,918 Delaware $58,755

New Hampshire $58,653 Virginia $58,424 Pennsylvania $57,757 Nevada $57,421 North Dakota $57,310 Michigan $57,136 Wisconsin $57,073 Vermont $56,945

Texas $56,591 Maine $56,568 Arizona $56,533 Ohio $56,492 Georgia $55,959 Indiana $55,692 Wyoming $55,640 Utah $55,558

Iowa $55,524 Kansas $55,245 Louisiana $55,164 North Carolina $55,135 Missouri $55,123 Florida $54,897 Montana $54,775 Nebraska $54,659

Kentucky $54,595 South Carolina $54,363 Tennessee $54,218 Idaho $54,160 New Mexico $53,737 Oklahoma $53,644 Alabama $53,301 South Dakota $52,727

Arkansas $52,414 West Virginia $52,245 Mississippi $51,741

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:

Algodones: $54,309
Belen: $54,006
Bernalillo: $54,405

Algodones, NM $54,309

Belen, NM $54,006

Bernalillo, NM $54,405

Bluewater, NM $53,263

Bosque, NM $53,609

Casa Blanca, NM $53,731

Cedar Crest, NM $54,450

Cedarvale, NM $52,315

Cerrillos, NM $54,348

Claunch, NM $52,121

Coyote, NM $53,547

Cuba, NM $53,462

Cubero, NM $53,850

Edgewood, NM $54,207

Estancia, NM $53,561

Gallina, NM $53,267

Counselor, NM $53,300

Grants, NM $53,202

Milan, NM $53,415

Isleta, NM $54,498

Jarales, NM $53,954

Jemez Pueblo, NM $54,048

Jemez Springs, NM $53,881

Laguna, NM $54,113

La Jara, NM $53,402

La Joya, NM $53,278

Lindrith, NM $53,214

Los Lunas, NM $54,292

Mcintosh, NM $53,855

Pueblo Of Acoma, NM $53,497

Moriarty, NM $53,674

Mountainair, NM $53,095

Nageezi, NM $53,229

New Laguna, NM $53,824

Paguate, NM $53,860

Pena Blanca, NM $54,462

Peralta, NM $54,378

Placitas, NM $54,406

Ponderosa, NM $53,979

Prewitt, NM $53,246

Regina, NM $53,283

Sandia Park, NM $54,313

Corrales, NM $54,518

San Fidel, NM $53,533

San Rafael, NM $53,305

Santo Domingo Pueblo, NM $54,314

San Ysidro, NM $54,241

Stanley, NM $53,667

Tijeras, NM $54,320

Tome, NM $54,220

Torreon, NM $54,039

Veguita, NM $53,605

Willard, NM $53,000

Youngsville, NM $53,562

Bosque Farms, NM $54,478

Clines Corners, NM $53,343

Cochiti Pueblo, NM $54,355

Cochiti Lake, NM $54,426

Albuquerque, NM $54,549

Kirtland Afb, NM $54,549

Rio Rancho, NM $54,459

Gallup, NM $53,323

Brimhall, NM $53,173

Church Rock, NM $53,198

Continental Divide, NM $53,160

Crownpoint, NM $53,204

Fence Lake, NM $52,967

Fort Wingate, NM $53,179

Gamerco, NM $53,268

Mentmore, NM $53,186

Mexican Springs, NM $53,180

Ramah, NM $53,082

Rehoboth, NM $53,215

Thoreau, NM $53,218

Tohatchi, NM $53,169

Vanderwagen, NM $53,180

Zuni, NM $53,167

Navajo, NM $53,239

Jamestown, NM $53,107

Pinehill, NM $53,041

Sheep Springs, NM $53,227

Smith Lake, NM $53,425

Yatahey, NM $53,207

Farmington, NM $53,463

Aztec, NM $53,562

Blanco, NM $53,312

Bloomfield, NM $53,249

Flora Vista, NM $53,518

Fruitland, NM $53,184

Kirtland, NM $53,519

La Plata, NM $53,538

Navajo Dam, NM $53,514

Shiprock, NM $53,440

Waterflow, NM $53,413

Newcomb, NM $53,194

Sanostee, NM $53,228

Santa Fe, NM $54,827

Abiquiu, NM $53,328

Alcalde, NM $54,256

Amalia, NM $53,246

Arroyo Hondo, NM $53,171

Arroyo Seco, NM $53,233

Canjilon, NM $53,163

Canones, NM $53,647

Carson, NM $53,375

Cebolla, NM $53,194

Cerro, NM $53,210

Chama, NM $53,427

Chamisal, NM $54,113

Chimayo, NM $54,493

Cordova, NM $54,400

Costilla, NM $53,470

Taos Ski Valley, NM $53,064

Dixon, NM $54,061

Dulce, NM $53,426

El Prado, NM $53,280

El Rito, NM $53,524

Embudo, NM $53,783

Espanola, NM $54,426

Glorieta, NM $54,616

Hernandez, NM $53,920

Ilfeld, NM $54,112

La Madera, NM $53,430

Lamy, NM $54,408

Llano, NM $54,003

Los Alamos, NM $54,537

White Rock, NM $54,639

Medanales, NM $53,980

Ojo Caliente, NM $53,663

Los Ojos, NM $53,296

Pecos, NM $54,446

Penasco, NM $53,802

Petaca, NM $53,113

Questa, NM $53,266

Ranchos De Taos, NM $53,547

Red River, NM $53,114

Ribera, NM $53,456

Rowe, NM $54,163

San Cristobal, NM $53,112

San Jose, NM $54,030

Ohkay Owingeh, NM $54,294

Santa Cruz, NM $54,474

Serafina, NM $53,321

Taos, NM $53,249

Tererro, NM $54,620

Tesuque, NM $54,827

Tierra Amarilla, NM $53,249

Trampas, NM $53,758

Tres Piedras, NM $53,099

Truchas, NM $54,248

Vadito, NM $53,731

Valdez, NM $53,152

Vallecitos, NM $53,111

Velarde, NM $53,979

Villanueva, NM $53,352

Spaceport City, NM $52,265

Las Vegas, NM $52,900

Angel Fire, NM $53,056

Anton Chico, NM $52,808

Buena Vista, NM $53,293

Chacon, NM $53,331

Cimarron, NM $52,973

Cleveland, NM $53,709

Eagle Nest, NM $53,013

Guadalupita, NM $53,249

Holman, NM $53,572

La Loma, NM $52,719

Maxwell, NM $52,991

Miami, NM $52,877

Mills, NM $52,689

Montezuma, NM $53,982

Mora, NM $53,785

Mosquero, NM $52,643

Ocate, NM $52,934

Ojo Feliz, NM $53,073

Rainsville, NM $53,306

Raton, NM $53,124

Rociada, NM $54,009

Roy, NM $52,700

Sapello, NM $53,540

Solano, NM $52,636

Springer, NM $52,854

Ute Park, NM $52,998

Valmora, NM $52,855

Wagon Mound, NM $52,795

Watrous, NM $52,873

Socorro, NM $52,751

Aragon, NM $52,910

Datil, NM $52,692

Lemitar, NM $52,996

Luna, NM $53,004

Magdalena, NM $52,696

Pie Town, NM $52,872

Polvadera, NM $53,124

Quemado, NM $52,982

Reserve, NM $52,887

San Acacia, NM $53,211

San Antonio, NM $52,459

Truth Or Consequences, NM $52,448

Arrey, NM $52,439

Caballo, NM $52,475

Derry, NM $52,208

Elephant Butte, NM $52,584

Garfield, NM $52,057

Hatch, NM $51,223

Monticello, NM $52,445

Rincon, NM $50,928

Salem, NM $51,894

Williamsburg, NM $52,514

Winston, NM $52,483

Las Cruces, NM $50,261

White Sands Missile Range, NM $50,426

Santa Teresa, NM $50,793

Playas, NM $52,690

Animas, NM $52,820

Anthony, NM $50,781

Arenas Valley, NM $52,726

Bayard, NM $52,678

Berino, NM $50,550

Buckhorn, NM $52,732

Santa Clara, NM $52,770

Chamberino, NM $50,603

Cliff, NM $52,671

Columbus, NM $52,530

Deming, NM $52,542

Dona Ana, NM $50,263

Fairacres, NM $50,413

Faywood, NM $52,518

Fort Bayard, NM $52,719

Gila, NM $52,594

Glenwood, NM $52,635

Hachita, NM $52,530

Hanover, NM $52,541

Hillsboro, NM $52,433

Hurley, NM $52,642

La Mesa, NM $51,223

Lordsburg, NM $52,652

Mesilla, NM $50,262

Mesilla Park, NM $50,268

Mesquite, NM $50,311

Mimbres, NM $52,583

Mule Creek, NM $52,725

Organ, NM $50,294

Pinos Altos, NM $52,670

Radium Springs, NM $50,283

Redrock, NM $52,536

Rodeo, NM $52,887

San Miguel, NM $50,291

Silver City, NM $52,671

Sunland Park, NM $50,522

Tyrone, NM $52,827

Vado, NM $50,331

Chaparral, NM $50,966

Clovis, NM $52,570

Cannon Afb, NM $52,454

Broadview, NM $52,417

Causey, NM $52,327

Crossroads, NM $52,203

Dora, NM $52,451

Elida, NM $52,233

Floyd, NM $52,360

Fort Sumner, NM $52,318

Grady, NM $52,467

House, NM $52,425

Kenna, NM $52,234

Lingo, NM $52,323

Melrose, NM $52,433

Milnesand, NM $52,213

Pep, NM $52,284

Portales, NM $52,476

Rogers, NM $52,299

Saint Vrain, NM $52,467

Taiban, NM $52,300

Texico, NM $52,487

Yeso, NM $52,110

Roswell, NM $52,171

Artesia, NM $52,274

Caprock, NM $52,168

Carlsbad, NM $52,308

Dexter, NM $52,208

Eunice, NM $52,355

Hagerman, NM $52,234

Hobbs, NM $52,431

Hope, NM $52,042

Jal, NM $52,293

Lake Arthur, NM $52,147

Lakewood, NM $52,225

Loco Hills, NM $52,321

Loving, NM $52,295

Lovington, NM $52,381

Mcdonald, NM $52,238

Malaga, NM $52,244

Maljamar, NM $52,193

Monument, NM $52,316

Tatum, NM $52,272

Whites City, NM $52,359

Carrizozo, NM $51,923

Alamogordo, NM $51,758

Alto, NM $51,931

Bent, NM $51,768

Capitan, NM $51,810

Cloudcroft, NM $51,762

Corona, NM $52,149

Encino, NM $52,568

Fort Stanton, NM $51,832

Glencoe, NM $51,795

High Rolls Mountain Park, NM $51,752

Holloman Air Force Base, NM $51,752

Hondo, NM $51,843

La Luz, NM $51,752

Lincoln, NM $51,692

Mayhill, NM $51,870

Mescalero, NM $51,776

Nogal, NM $51,998

Orogrande, NM $51,778

Picacho, NM $51,832

Pinon, NM $52,027

Ruidoso, NM $52,030

Ruidoso Downs, NM $51,959

Sacramento, NM $51,799

San Patricio, NM $51,860

Sunspot, NM $51,752

Timberon, NM $51,864

Tinnie, NM $51,802

Tularosa, NM $51,787

Vaughn, NM $52,356

Weed, NM $51,863

Tucumcari, NM $52,616

Amistad, NM $52,548

Bard, NM $52,464

Capulin, NM $53,058

Clayton, NM $52,650

Conchas Dam, NM $52,698

Cuervo, NM $52,444

Des Moines, NM $52,849

Folsom, NM $52,931

Garita, NM $52,597

Gladstone, NM $52,703

Grenville, NM $52,693

Logan, NM $52,614

Mcalister, NM $52,451

Nara Visa, NM $52,490

Newkirk, NM $52,548

Quay, NM $52,578

San Jon, NM $52,522

Santa Rosa, NM $52,578

Sedan, NM $52,596

Trementina, NM $52,594

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.

$49,272

Average $53,737/year

$58,304

$4,106

Average $4,478/month

$4,859

$948

Average $1,033/week

$1,121

$24

Average $26/hour

$28

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$58,304	$4,859	$1,121	$28
Average	$53,737	$4,478	$1,033	$26
25th Percentile	$49,272	$4,106	$948	$24

Find Your Next Commercial Underwriting Job

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.

Zurich Insurance Company Ltd. | BOLINAS, CA

AVP Underwriting Director

Zurich Insurance Company Ltd. | BOLINAS, CA

Zurich Insurance Company Ltd. is seeking an AVP, Underwriting Director to lead a portfolio of commercial insurance business. You will define underwriting s... more

1 Day Ago
Zurich Insurance Company Ltd. | SCHILLER PARK, IL

Underwriter OR Underwriting Specialist

Zurich Insurance Company Ltd. | SCHILLER PARK, IL

Zurich Insurance Company Ltd. is seeking an Underwriter / Underwriting Specialist to join our Banking, Insurance & Investment team. In this role, you will ... more

2 Days Ago
Northwestern Mutual | FRANKLIN, WI

Disability Income Underwriting Specialist

Northwestern Mutual | FRANKLIN, WI

Summary. Builds strong relationships with financial advisors and internal business partners to support the insurance application process. Uses critical thi... more

8 Days Ago
Zurich Insurance Company Ltd. | LENEXA, KS

Executive Underwriter AVP Underwriting Director

Zurich Insurance Company Ltd. | LENEXA, KS

Zurich Insurance Company Ltd. seeks an Executive Underwriter / AVP Underwriting Director to lead complex commercial insurance underwriting within our Insur... more

1 Day Ago
Zurich Insurance Company Ltd. | BOSTON, MA

Executive Underwriter or AVP Underwriting Director

Zurich Insurance Company Ltd. | BOSTON, MA

Zurich Insurance Company Ltd. seeks an Executive Underwriter or AVP, Underwriting Director to lead complex commercial insurance underwriting within our Ins... more

1 Day Ago
Zurich Insurance Company Ltd. | FEASTERVILLE, PA

Executive Underwriter or AVP Underwriting Director

Zurich Insurance Company Ltd. | FEASTERVILLE, PA

Zurich Insurance Company Ltd. seeks an Executive Underwriter or AVP Underwriting Director to lead complex commercial underwriting within our Insurance depa... more

1 Day Ago

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Commercial Underwriting Salary in New Mexico

Check out Commercial Underwriting Job Openings in New Mexico

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

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

Find Your Next Commercial Underwriting Job

For Employees

For Employers

Where Does Our Salary Data Come From?

Are you an HR manager or compensation specialist?

Commercial Underwriting Salary in New Mexico

Check out Commercial Underwriting Job Openings in New Mexico

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

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

Salaries of jobs related to Commercial Underwriting

Find Your Next Commercial Underwriting Job

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