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Group Underwriter Salary in the United States

How much does a Group Underwriter make in the United States? As of September 01, 2026, the average salary for a Group Underwriter in the United States is $65,561 per year, which breaks down to an hourly rate of $32.

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

  • Top Earners (90th percentile): $79,415
  • Majority Range (25th-75th percentile): $60,536 to $72,812
  • Entry-Level (10th percentile): $55,962
Salary Factors Salary-Boosting Skills Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Check out Group Underwriter Job Openings in the United States

Key Factors That Influence Group Underwriter Salaries

A Group 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 Group Underwriter Salaries?

Experience is a primary driver of a Group 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): $64,050
  • Early Career (1-2 years): $77,981
  • Mid-Level (2-4 years): $87,542
  • Senior-Level (5-8 years): $111,604
  • Expert (over 8 years): $114,320
Job RoleYears of ExperienceAverage Salary
Group Underwriter less than 1 year $64,050
Budget Analyst II 1-2 years $77,981
Budget Analyst III 2-4 years $87,542
Budget Analyst IV 5-8 years $111,604
Budgeting Supervisor over 8 years $114,320

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

  • District of Columbia: $72,589.
  • California: $72,314.
  • Massachusetts: $71,350.

Top Paying Cities for Group 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: $82,692
  • San Francisco: $81,786
  • Oakland: $80,063

Group Underwriter Salary by Industry: Top Paying Sectors

For Group Underwriter roles, the industry you choose can affect earning potential by as much as 20% (the gap between the highest and lowest paying industries). Data shows that the Telecom and Retail & Wholesale sectors offer the strongest compensation, at 10% above the average. In contrast, Group Underwriter positions in Transportation or Software & Networking typically offer lower base pay, as these industries often view Group Underwriter as a support function rather than a direct revenue driver.

The top paying industries for a Group Underwriter

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Telecom $72,117 $35.0 10%
Retail & Wholesale $71,461 $34.0 9%
MFG Nondurable $70,806 $34.0 8%
Media $70,150 $34.0 7%
Insurance $69,494 $33.0 6%

How Education impacts a Group Underwriter's Salary?

Your level of education can impact your salary potential. While many Group Underwriter professionals enter the field with a Bachelor'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 Group Underwriter with a Bachelor's is between $63,170 and $67,232.

Group Underwriter Salaries by Degree Level

Typical Education for Group Underwriter
Degree Level % of user with this level of education
No Degree 0.3%
High School 4.3%
Associate's Degree 3.6%
Bachelor's Degree 60.3%
Master's Degree or MBA 31.1%
JD, MD, PhD or Equivalent 0.3%
View as Graph

Group Underwriter Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Group 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
$60,536
Average $65,561/year
$72,812
$5,045
Average $5,463/month
$6,068
$1,164
Average $1,261/week
$1,400
$29
Average $32/hour
$35
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $72,812 $6,068 $1,400 $35
Average $65,561 $5,463 $1,261 $32
25th Percentile $60,536 $5,045 $1,164 $29

Most common benefits for Group Underwriter

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

Common company salaries for Group Underwriter

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

Find Your Next Group Underwriter Job

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

  • Hanley Energy | Ashburn, VA

    Field Service Technician

    Hanley Energy | Ashburn, VA

    This position is eligible for a sign-on bonus. Bonus amount and payment terms will be discussed during the recruitment process and are subject to applicabl... more

    7 Days Ago

  • Hanley Energy | Ashburn, VA

    Mechanical Field Engineer

    Hanley Energy | Ashburn, VA

    This position is eligible for a sign-on bonus. Bonus amount and payment terms will be discussed during the recruitment process and are subject to applicabl... more

    7 Days Ago

  • Hanley Energy | Ashburn, VA

    Field Service Engineer

    Hanley Energy | Ashburn, VA

    This position is eligible for a sign-on bonus. Bonus amount and payment terms will be discussed during the recruitment process and are subject to applicabl... more

    7 Days Ago

  • CyLogic | Ashburn, VA

    SVP Revenue Growth

    CyLogic | Ashburn, VA

    A Leadership Opportunity to Shape the Next Phase of Growth. CyLogic is seeking an experienced revenue leader to oversee Sales and Marketing, strengthen go-... more

    8 Days Ago

  • ProspectBlue | Ashburn, VA

    Staff Accountant

    ProspectBlue | Ashburn, VA

    ProspectBlue is partnering with a well-established and growing organization in Ashburn, VA to identify a Staff Accountant to join its corporate accounting ... more

    8 Days Ago

  • Morcom International, Inc. | Ashburn, VA

    Senior Account

    Morcom International, Inc. | Ashburn, VA

    About the Opportunity. ACG Systems is a mission-critical communications platform. Through Morcom, an ACG Systems company, we design, deploy, and support wi... more

    8 Days Ago

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FAQ about Group Underwriter

1. What industry pays the highest salary for Group Underwriter?

The Telecom industry offers the highest average compensation for Group Underwriter roles, with salaries approximately 10% above the market median.

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.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

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