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Credit Risk Underwriter Salary in the United States

How much does a Credit Risk Underwriter make in the United States? As of September 01, 2026, the average salary for a Credit Risk Underwriter in the United States is $72,379 per year, which breaks down to an hourly rate of $35.

However, a Credit Risk Underwriter's salary can vary significantly. Here's a look at the typical salary range:

  • Top Earners (90th percentile): $93,116
  • Majority Range (25th-75th percentile): $63,773 to $83,234
  • Entry-Level (10th percentile): $55,938
Salary Factors Salary-Boosting Skills Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Check out Credit Risk Underwriter Job Openings in the United States

Key Factors That Influence Credit Risk Underwriter Salaries

A Credit Risk Underwriter'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 Credit Risk Underwriter Salaries?

Experience is a primary driver of a Credit Risk Underwriter'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): $67,269
  • Early Career (1-2 years): $67,528
  • Mid-Level (2-4 years): $70,871
  • Senior-Level (5-8 years): $75,092
  • Expert (over 8 years): $75,394
Job RoleYears of ExperienceAverage Salary
Entry Level Credit Risk Underwriter less than 1 year $67,269
Early Career Level Credit Risk Underwriter 1-2 years $67,528
Mid-Level Level Credit Risk Underwriter 2-4 years $70,871
Senior-Level Level Credit Risk Underwriter 5-8 years $75,092
Expert Level Credit Risk Underwriter over 8 years $75,394

How Do Credit Risk Underwriter 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 Credit Risk Underwriters. For example, consider the average annual salaries in these key locations:

  • District of Columbia: $80,138.
  • California: $79,834.
  • Massachusetts: $78,770.

Top Paying Cities for Credit Risk Underwriter

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: $91,291
  • San Francisco: $90,292
  • Oakland: $88,389

How Education impacts a Credit Risk Underwriter's Salary?

Your level of education can impact your salary potential. While many Credit Risk Underwriter professionals enter the field with a high school 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 Credit Risk Underwriter with a high school is between $58,692 and $66,529.

Credit Risk Underwriter Salaries by Degree Level

Typical Education for Credit Risk Underwriter
Degree Level % of user with this level of education
No Degree 18.5%
High School 18.5%
Associate's Degree 18.5%
Bachelor's Degree 44.4%
Master's Degree or MBA 18.5%
JD, MD, PhD or Equivalent 0%
View as Graph

Credit Risk Underwriter Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Credit Risk Underwriter'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.

  • Hourly
  • Monthly
  • Weekly
  • Yearly
  • Table View
Last Updated on September 01, 2026
$63,773
Average $72,379/year
$83,234
$5,314
Average $6,032/month
$6,936
$1,226
Average $1,392/week
$1,601
$31
Average $35/hour
$40
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $83,234 $6,936 $1,601 $40
Average $72,379 $6,032 $1,392 $35
25th Percentile $63,773 $5,314 $1,226 $31

Most common benefits for Credit Risk Underwriter

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

Common company salaries for Credit Risk Underwriter

Here are companies hiring for Credit Risk Underwriter and their salaries, click below for more details.

Find Your Next Credit Risk Underwriter Job

Ready to take the next step in your career? Browse thousands of current Credit Risk Underwriter 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?

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

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