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
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)
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Core compensation
Includes base and annual incentives
4 - 7 years experience
Bachelor's Degree
7 + years experience
Bachelor's Degree
10 + years experience
Bachelor's Degree
Salary.com's CompAnalyst platform offers:
Job Title | Experience | EDUCATION | Salary Compared to This Job |
---|---|---|---|
Job TitleLoan Underwriter IV | Experience7 + | EducationBachelors | Salary Compared to This Job |
Job TitleMortgage Underwriter I | Experience0 - 2 | EducationBachelors | Salary Compared to This Job |
Job TitleMortgage Underwriter II | Experience2 - 4 | EducationBachelors | Salary Compared to This Job |
Job TitleMortgage Underwriter III | Experience4 - 7 | EducationBachelors | Salary Compared to This Job |
Job TitleMortgage Underwriter IV | Experience7 + | EducationBachelors | Salary Compared to This Job |