Workers Comp Underwriting Manager Salary in the United States

How much does a Workers Comp Underwriting Manager make in the United States?

As of May 18, 2021, the average salary for a Workers Comp Underwriting Manager in the United States is $138,404 per year, which breaks down to an hourly rate of $67.

However, a Workers Comp Underwriting Manager's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $183,741
  • Majority Range (25th-75th percentile): $120,052 to $162,135
  • Entry-Level (10th percentile): $103,344
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View as table View as graph 25% $120,052 10% $103,344 90% $183,741 75% $162,135 $138,404 50%(Median) Didn’t find job title? Click

Workers Comp Underwriting Manager Salaries by Percentile

Annual
Salary		 Monthly
Pay		 Weekly
Pay		 Hourly
Wage
75th Percentile $162,135 $13,511 $3,118 $78
Average $138,404 $11,534 $2,662 $67
25th Percentile $120,052 $10,004 $2,309 $58
Check out Workers Comp Underwriting Manager Job Openings in the United States
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The Southeastern Council on Alcoholism and Drug Dependence, Inc. - NEW LONDON, CT

Case Manager

MMARS (Medical Management and Rehabilitation Services) - SILVER SPRING, MD

Clinical Manager

Amedisys - HUNTSVILLE, AL

Branch Manager

Security Finance - BEAVER DAM, WI

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Key Factors That Influence Workers Comp Underwriting Manager Salaries

A Workers Comp Underwriting Manager's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.

How Experience Level Affects Workers Comp Underwriting Manager Salaries?

Experience is a primary driver of a Workers Comp Underwriting Manager's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Entry-Level (less than 1 year): $134,665
  • Early Career (1-2 years): $105,364
  • Mid-Level (2-4 years): $120,670
  • Senior-Level (5-8 years): $164,463
  • Expert (over 8 years): $198,119
Levels Salary
Underwrit... Level Workers Comp Underwriting Manager$134,665
Underwrit... Level Workers Comp Underwriting Manager$105,364
Workers C... Level Workers Comp Underwriting Manager$120,670
Underwrit... Level Workers Comp Underwriting Manager$164,463
Underwrit... Level Workers Comp Underwriting Manager$198,119
$134,665 0 yr
$105,364 < 2 yrs
$120,670 2-4 yrs
$164,463 5-8 yrs
$198,119 > 8 yrs
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What Am I Worth?

How Do Workers Comp Underwriting Manager Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Workers Comp Underwriting Managers. For example, consider the average annual salaries in these key locations:

  • District of Columbia: $153,241.
  • California: $152,660.
  • Massachusetts: $150,625.

Top Paying Cities for Workers Comp Underwriting Managers

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $174,569
  • San Francisco: $172,853
  • Oakland: $169,019

What Skills Can Increase a Workers Comp Underwriting Manager's Salary?

Demanded Skills for the Role:

  • Leadership (Mentioned in 4.56% Job Postings): Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
  • Quality Control (Mentioned in 1.14% Job Postings): Developing and implementing a set of procedures intended to maintain the quality of a product and reduce any risks or errors.
  • Wholesale (Mentioned in 0.87% Job Postings): Buying and selling products in large quantities at a lower price to increase profitability through a high sales volume.
See More Skills
Skills Demand Percentage
Leadership 4.56%
Quality Control 1.14%
Wholesale 0.87%
What skills can make your compensation higher?
Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Workers Comp Underwriting Manager's salary.
  • Reinsurance: Can increase your salary by up to 4%.
  • Pricing: Can increase your salary by up to 3%.
  • Presentation: Can increase your salary by up to 3%.
Skill Salary Salary % Increase
Reinsurance
 $143,940
4%
Pricing
 $142,556
3%
Presentation
 $142,556
3%
Products and Services
 $141,172
2%
Decision Making
 $141,172
2%
Initiative
 $141,172
2%
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How Education impacts a Workers Comp Underwriting Manager's Salary?

Your level of education can impact your salary potential. While many Workers Comp Underwriting Managers enter the field with a Bachelor's Degree degree, higher education can lead to more specialized and higher-paying roles.

According to our 100% employer-reported salary data, the median salary for a Workers Comp Underwriting Manager with a Bachelor's Degree is between $126,430 and $137,032).

Workers Comp Underwriting Manager Salaries by Degree Level

Typical Education for Workers Comp Underwriting Manager
Degree Level % of user with this level of education
No Diploma 0.5%
High School 12.7%
Associates 9.8%
Bachelors 51.2%
Masters 24.4%
Doctorate 1.5%
view as graph

Workers Comp Underwriting Manager Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Workers Comp Underwriting Manager's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

  • Hourly
  • Monthly
  • Weekly
  • Yearly
  • Table View
Last Updated on May 18, 2021
$120,052
Average $138,404/year
$162,135
$10,004
Average $11,534/month
$13,511
$2,309
Average $2,662/week
$3,118
$58
Average $67/hour
$78
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $162,135 $13,511 $3,118 $78
Average $138,404 $11,534 $2,662 $67
25th Percentile $120,052 $10,004 $2,309 $58

Salaries of jobs related to Workers Comp Underwriting Manager

Salary Trends for Workers Comp Underwriting Manager

Salaries for a Workers Comp Underwriting Manager can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $120,315 in 2023 to around $117,534 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Workers Comp Underwriting Manager salary trends, .

Average Annual Salary of Workers Comp Underwriting Manager Over Time

2022
$???
2023
$120,315
2024
$119,147
2025
$117,534
2026
$???
2027
$???
Year Average Annual Salary
2022
View More
2023 $120,315
2024 $119,147
2025 $117,534
2026
View More
2027
View More

Most common benefits for Workers Comp Underwriting Manager

Social Security
401(k)
Disability
Healthcare
Pension
Time Off (days)
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Where Does Our Salary Data Come From?

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

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