Underwriter IV Salary in the United States

How much does an Underwriter IV make in the United States? The average Underwriter IV salary in the United States is $109,156 as of May 25, 2023, but the range typically falls between $94,336 and $126,420. 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.  View the Cost of Living in Major Cities

Job Description

Reviews and analyzes risk characteristics on insurance applications, renewals, and change requests. Utilizes underwriting guidelines, rules, standards, and levels of authority to accept, reject, or mitigate risk for applications and determine appropriate premiums, limits, and coverages. Calculates renewal rates. Ensures that underwriting activities comply with all industry and governmental regulations. May coordinate with field agents to collect or clarify information or decisions. Typically requires a bachelor's degree or equivalent. Typically reports to a supervisor or manager. Work is highly independent. May assume a team lead role for the work group. A specialist on complex technical and business matters. Typically requires 7+ years of related experience. (Copyright 2023 Salary.com)

Take just three simple steps below to generate your own personalized salary report.

Step of 3

Understand the total compensation opportunity for a Underwriter IV, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
94336
126420
109156

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
100578
142804
120829
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Underwriter IV in the United States. The base salary for Underwriter IV ranges from $94,336 to $126,420 with the average base salary of $109,156. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $100,578 to $142,804 with the average total cash compensation of $120,829.
Step of 3

Discover how your pay is adjusted for skills, experience, and other factors

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

94336
126420

 

Step of 3

Recalculate your target pay based on your unique skills and experiences

Career Path for this job

  1. Down a level:

    Underwriter III

    4 - 7 years experience
    Bachelor's Degree

  2. This Job:

    Underwriter IV

    7 + years experience
    Bachelor's Degree

  3. Up a level:

    Underwriter V

    10 + years experience
    Bachelor's Degree

Salary for

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst
Job Openings for Underwriter IV