Underwriting Senior Manager Salary in the United States

How much does an Underwriting Senior Manager make in the United States? The average Underwriting Senior Manager salary in the United States is $169,774 as of May 01, 2023, but the range typically falls between $149,034 and $197,620. 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

Manages operations of the underwriting process. Implements underwriting strategy and operational policies for product lines. Oversees the review and approval process for decisions and recommendations related to complex cases. Defines and establishes procedures for risk criteria, application and renewal, and acceptance and rejection. Develops underwriting team expertise with coaching, support and educational programs. Requires a bachelor's degree. Typically reports to a director. Typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. Typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. (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 Underwriting Senior Manager in the United States. The base salary for Underwriting Senior Manager ranges from $149,034 to $197,620 with the average base salary of $169,774. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $171,337 to $239,925 with the average total cash compensation of $201,223.
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Career Path for this job

  1. Down a level:

    Underwriting Manager

    5 + years experience
    Bachelor's Degree

  2. This Job:

    Underwriting Senior Manager

    Bachelor's Degree

  3. Up a level:

    Underwriting Director

    Bachelor's Degree

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Job Openings for Underwriting Senior Manager