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

How much does an Underwriter (P/C) IV make in the United States? The average Underwriter (P/C) IV salary in the United States is $98,410 as of May 01, 2023, but the range typically falls between $86,639 and $114,858. 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

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 2023 Salary.com)

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These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Underwriter (P/C) IV in the United States. The base salary for Underwriter (P/C) IV ranges from $86,639 to $114,858 with the average base salary of $98,410. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $91,125 to $123,703 with the average total cash compensation of $104,662.
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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

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