Check my payUnderwriter salary by level
Underwriting pay in 2026, from entry level to VP, in the highest-paying US markets.
Modeled estimate · Updated October 2026Median base salary, Senior Underwriter, top-tier markets
From entry level to VP, medians run from $58k to $231k.
Individual contributor track
Median base salary in the San Francisco Bay Area, New York, and Seattle.
| Title | Median base |
|---|---|
| Associate UnderwriterIC1 Associate / Entry | $58k |
| UnderwriterIC2 Mid-level | $80k |
| Senior UnderwriterIC3 Senior | $105k |
| Lead UnderwriterIC4 Staff / Lead | $128k |
| Principal UnderwriterIC5 Senior Staff / Principal | $149k |
| Senior Principal UnderwriterIC6 Distinguished | $174k |
Management track
| Title | Median base |
|---|---|
| Associate Manager, UnderwritingM2 Associate Manager | $111k |
| Manager, UnderwritingM3 Manager | $128k |
| Senior Manager, UnderwritingM4 Senior Manager | $149k |
| Director, UnderwritingM5 Director | $177k |
| Senior Director, UnderwritingM6 Senior Director | $200k |
| VP, UnderwritingE1 Vice President | $231k |
The full range
Every market, the 10th to 90th percentiles, bonus, equity, and new hire grants, adjusted for your industry and company size.
Included with Pro, along with ranges for all 100 roles and the pay coach.
See the full rangeSee where your pay sits
Pick your level and city, enter your salary, and get your percentile in seconds. Free, and nothing you type is stored.
Check my payOther Banking and Lending Operations roles
Where do these numbers come from?
They are modeled estimates built by compensation practitioners from publicly discussed pay and from how companies typically structure salary ranges by level and location. They are not survey results and not any company's actual ranges. Use them to get oriented before a pay conversation, not as an exact offer number.