Underwriter (P/C) IV Salary in the United States

How much does an Underwriter (P/C) IV make hourly in the United States? The average hourly wage for an Underwriter (P/C) IV in the United States is $46 as of April 26, 2022, but the range typically falls between $40 and $53. Hourly rate 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

Analyzes and reviews inspection reports, location, risk, credit reports, etc. to accept or reject renewal/new property and casualty policy applications. Decides on appropriate premium rates and issues coverage. Provides customer services regarding underwriting processes and decisions. May communicate with field agents to gather additional information or to explain underwriting decisions. Typically requires a bachelor's degree or equivalent. May require certification as a Chartered Property Casualty Underwriter (CPCU). 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 2022 Salary.com)

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

Step of 3

Understand the total hourly compensation opportunity for a Underwriter (P/C) IV, hourly wage plus other pay elements

Average Hourly Wage

Core compensation

 
 
 
40
53
46

Average Total Hourly Cash Compensation

Includes base and short-term incentives

 
 
 
42
57
48
These charts show the average hourly wage (core compensation), as well as the average total hourly cash compensation for the job of Underwriter (P/C) IV in the United States. The average hourly rate for Underwriter (P/C) IV ranges from $40 to $53 with the average hourly pay of $46. The total hourly cash compensation, which includes base and short-term incentives, can vary anywhere from $42 to $57 with the average total hourly cash compensation of $48.
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.

40
53

 

Step of 3

Recalculate your target pay based on your unique skills and experiences

Career Path for this job

  1. Down a level:

    Underwriter (P/C) III

    4 - 7 years experience
    Bachelor's Degree

  2. This Job:

    Underwriter (P/C) IV

    7 + years experience
    Bachelor's Degree

  3. Up a level:

    Property Casualty Underwriting Supervisor

    3 + 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 (P/C) IV