What are the main factors that influence an Underwriter Analyst's salary?

The primary factors are: 1) Experience Level, 2) Geographic Location, 3) Education/Skills, 4) Company Size & Industry

How does experience change An Underwriter Analyst's salary?

An Underwriter Analyst's salary grows with experience: an Underwriter Analyst (1-3 years)earns $55,005, an Underwriting Supervisor (3-5 years)earns $106,308, an Underwriting Manager (5+ years)earns $121,752, an Underwriting Senior Manager (5+ years)earns $165,937, an Underwriting Director (5+ years)earns $199,895,

What are the highest paying states for an Underwriter Analyst?

Underwriter Analyst salary varies significantly by state. The top 3 highest paying states for Underwriter Analyst roles are District of Columbia $59,743, California $59,516, Massachusetts $58,723. These tech hubs typically pay 10-15% above the national average.

How much do different types of Underwriter Analyst roles make?

Salaries for Underwriter Analyst level roles vary by specialization: Underwriter IV: $108,296; Loan Underwriter IV: $103,769; Underwriter: $93,619; Underwriter III: $92,691; Loan Underwriter III: $85,460.

Underwriter Analyst Salary in Delaware

How much does an Underwriter Analyst make in Delaware?

As of May 18, 2021, the average salary for an Underwriter Analyst in Delaware is $54,768 per year, which breaks down to an hourly rate of $26.

However, an Underwriter Analyst's salary can vary significantly. Here’s a look at the typical salary range:

Top Earners (90th percentile): $64,871
Majority Range (25th-75th percentile): $48,354 to $60,056
Entry-Level (10th percentile): $42,515

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Underwriter Analyst Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$60,056	$5,005	$1,155	$29
Average	$54,768	$4,564	$1,053	$26
25th Percentile	$48,354	$4,029	$930	$23

You may get higher pay by adjusting the following factors:

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Key Factors That Influence Underwriter Analyst Salaries

An Underwriter Analyst'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 and company size can directly affect your earning potential.

How Experience Level Affects Underwriter Analyst Salaries?

Experience is a primary driver of an Underwriter Analyst'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): $55,005
Early Career (1-2 years): $106,308
Mid-Level (2-4 years): $121,752
Senior-Level (5-8 years): $165,937
Expert (over 8 years): $199,895

Levels	Salary
Underwrit... Level Underwriter Analyst	$55,005
Underwrit... Level Underwriter Analyst	$106,308
Underwrit... Level Underwriter Analyst	$121,752
Underwrit... Level Underwriter Analyst	$165,937
Underwrit... Level Underwriter Analyst	$199,895

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What Am I Worth?

How Do Underwriter Analyst 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 Underwriter Analysts. For example, consider the average annual salaries in these key locations:

District of Columbia: $59,743.
California: $59,516.
Massachusetts: $58,723.

District of Columbia $59,743 California $59,516 Massachusetts $58,723 Washington $58,507 New Jersey $58,485 Alaska $58,410 Connecticut $57,665 New York $57,363

Hawaii $56,397 Rhode Island $55,944 Maryland $55,636 Minnesota $55,216 Colorado $55,054 Illinois $55,000 Oregon $54,795 Delaware $54,644

New Hampshire $54,549 Virginia $54,336 Pennsylvania $53,716 Nevada $53,403 North Dakota $53,300 Michigan $53,138 Wisconsin $53,079 Vermont $52,960

Texas $52,631 Maine $52,609 Arizona $52,577 Ohio $52,539 Georgia $52,043 Indiana $51,795 Wyoming $51,746 Utah $51,670

Iowa $51,638 Kansas $51,379 Louisiana $51,304 North Carolina $51,277 Missouri $51,266 Florida $51,055 Montana $50,942 Nebraska $50,834

Kentucky $50,775 South Carolina $50,559 Tennessee $50,424 Idaho $50,370 New Mexico $49,976 Oklahoma $49,890 Alabama $49,572 South Dakota $49,037

Arkansas $48,746 West Virginia $48,589 Mississippi $48,120

Top Paying Cities for Underwriter Analysts

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:

Lincoln: $56,554
Little Creek: $56,030
Magnolia: $56,262

Lincoln, DE $56,554 Little Creek, DE $56,030 Magnolia, DE $56,262 Milford, DE $56,554 Marydel, DE $55,820 Millsboro, DE $56,554 Millville, DE $56,931 Milton, DE $56,554

Nassau, DE $56,554 Ocean View, DE $56,931 Rehoboth Beach, DE $56,931 Seaford, DE $55,960 Selbyville, DE $56,931 Smyrna, DE $55,755 Viola, DE $56,262 Woodside, DE $56,100

Bear, DE $55,345 Newark, DE $55,367 Claymont, DE $55,410 Delaware City, DE $55,367 Hockessin, DE $55,410 Kirkwood, DE $55,367 Middletown, DE $55,642 Montchanin, DE $55,410

New Castle, DE $55,410 Odessa, DE $55,717 Port Penn, DE $55,216 Rockland, DE $55,410 Saint Georges, DE $55,367 Townsend, DE $55,636 Winterthur, DE $55,410 Lewes, DE $56,554

Wilmington, DE $55,410 Dover, DE $56,003 Dover Afb, DE $56,133 Bethany Beach, DE $56,931 Bethel, DE $55,960 Bridgeville, DE $56,554 Camden Wyoming, DE $56,063 Cheswold, DE $55,874

Clayton, DE $55,734 Dagsboro, DE $56,931 Delmar, DE $55,960 Ellendale, DE $56,554 Felton, DE $56,554 Fenwick Island, DE $56,931 Frankford, DE $56,931 Frederica, DE $56,554

Georgetown, DE $56,554 Greenwood, DE $56,554 Harbeson, DE $56,554 Harrington, DE $56,554 Hartly, DE $55,707 Houston, DE $56,554 Kenton, DE $55,734 Laurel, DE $55,960

Yorklyn, DE $55,410

Underwriter Analyst Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how an Underwriter Analyst'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.

Last Updated on May 18, 2021

$48,354

Average $54,768/year

$60,056

$4,029

Average $4,564/month

$5,005

$930

Average $1,053/week

$1,155

$23

Average $26/hour

$29

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$60,056	$5,005	$1,155	$29
Average	$54,768	$4,564	$1,053	$26
25th Percentile	$48,354	$4,029	$930	$23

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