Just in case you need a simple salary calculator, that works out to be approximately 29. A commercial underwriter's average salary is 57,904 whereas commercial lines underwriters make an average salary of 67,892. The average commercial underwriter salary in Canada is 100,109 per year or 51. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. 48 annual Fremont Bank founded in 1964, is one of the oldest independentlyowned banks in the. Most part-time jobs will be paid hourly or weekly. The estimated base pay is 74,384 per year. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. 33 (9. The estimated additional pay is. This salary varies based on the company, experience, and location. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. Remote in Umhlanga, KwaZulu-Natal. Learn about salaries, benefits, salary satisfaction and where you could earn the most. The estimated base pay is 92,210 per year. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. Monday to Friday 2. The average Commercial Underwriter salary is 60,852 as of September 25, 2023, but the salary range typically falls between 53,553 and 68,464. 67,000 Median. 0 open jobs 57K-67K. Salary ranges can vary widely. Deep knowledge of commercial lines products, the regulatory environment, and the local insurance market. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. Estimated take-home pay 89,866. An early. Salary Search Senior Underwriter - Commercial Real Estate salaries in Ottawa, ON; See popular questions & answers about Banque Laurentienne; Manager, Mortgage Investment Underwriting. As a commercial underwriter, you'll work for an insurance company, investigating commercial applicants who want to be insured by your employer. commercial underwriter jobs. R8k - R92k. R105k - R423k. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. 34 per hour. C59k - C95k. Salary information comes from 77 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months. Competitive salaries are evaluated based on the employee's education, skill set, license level, experience and hours worked. The estimated additional pay is. 78K 10K. Competitive salaries are evaluated based on the employee's education, skill set, license level, experience and hours worked. An Entry Level Commercial Underwriter with less than three years of experience earns an average salary of 5. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. The estimated base pay is 93,023 per year. 709) more than the national average hourly salary of 33. High 157,428. 2,447 Commercial Underwriter jobs available on Indeed. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. 129 open jobs for Commercial real estate underwriter. The average salary range for a Commercial Underwriting varies widely, which indicates that there are many opportunities for advancement, promotions, and salary increases. You may need a. The average Senior Commercial Underwriter salary in the United States is 89,243 as of September 25, 2023, but the salary range typically falls between 79,456 and 102,556. Comparatively, the highest commercial underwriter annual salary comes from the finance industry. The lowest 10 of wage earners in this field earn a yearly salary of just under 32,820, but earners in the top 10 earn an average. The estimated base pay is 72,664 per year. The estimated base pay is 72,477 per year. Here are four steps you can follow to begin a career as an insurance underwriter 1. The average salary for a underwriter is 41,705 per year in Ireland. 129 open jobs for Commercial real estate underwriter. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. Profit Sharing. R8k - R92k. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. 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. as national average. The estimated total pay for a Underwriter is 80,306 per year in the Atlanta, GA area, with an average salary of 72,479 per year. Virginia ranks number 22 out of 50 states nationwide for Commercial Underwriter salaries. Weekly business development training meetings with the. The estimated additional pay is 11,692 per. Salary Search Commercial Underwriter salaries in Calgary, AB; See popular questions & answers about Northbridge Financial Corporation; Senior Underwriter, Community Services (West) Calgary, AB. Years of experience Per year; Less than 1 year-1 to 2 years 74,957 3 to 5 years-6 to 9 years 85,111. The average salary for Commercial Loan Underwriter is 77,247 per year in the United States. The average salary for Underwriter is 86,000 per year in the Australia. The estimated additional pay is 10,723 per year. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. ZAR 423k. Research salary, company info, career paths, and top skills for Underwriter Trainee - Commercial Lines Apply for the Job in Underwriter Trainee - Commercial Lines at. The estimated total pay for a Commercial Underwriter at Federated Insurance is 83,434 per year. Johannesburg, Gauteng. Low 19,000. 68K - 79Kyr. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. The average salary for a underwriter is 96,115 per year in the United States. The estimated total pay for a Middle Market Underwriter is 113,899 per year in the United States area, with an average salary of 87,258 per year. The estimated total pay for a Underwriter at Liberty Mutual Insurance is 80,275 per year. The estimated base pay is 77,114 per year. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. This is the equivalent of 1,516week or 6,573month. The estimated total pay for a Commercial Credit Underwriter at TD is 83,770 per year. The estimated total pay for a Vice President - Underwriter is 178,967 per year in the United States area, with an average salary of 151,702 per year. The estimated total pay for a Commercial Underwriter II is 93,414 per year in the United States area, with an average salary of 78,124 per year. High 145,000. The estimated additional pay is 6,232 per year. 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. 138,500 - 228,500 a year. The average additional cash compensation for a Underwriter in the Toronto, ON is 4,848, with a range from 2,652 - 8,862. is 71K per year. The estimated total pay range for a Underwriter at West Bend Mutual Insurance Co. The estimated total pay for a Commercial Underwriter at Frontline Insurance is 80,694 per year. Easily apply. The highest possible salary while retaining the title underwriter is 140k. French not required. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. Insurance underwriter salary is impacted by location, education, and experience. The average Underwriter salary in the United States is 89,239 as of November 27, 2023. Commercial Underwriter. The estimated additional pay is 12,106 per year. The Commercial Real Estate Underwriter salary range is from 54,106 to 68,722, and the average Commercial Real Estate Underwriter salary is 61,524year in the United States. The salary trajectory of a Commercial Underwriter ranges between locations and employers. This estimate is based upon 41 Wawanesa Insurance Underwriter salary report (s) provided by employees or estimated based upon statistical methods. The estimated additional pay is. The estimated total pay for a Commercial Underwriter at Grange Insurance is 89,974 per year. The estimated additional pay is 8,587 per year. The estimated base pay is 79,220 per year. The estimated base pay is 78,910 per year. Commercial Underwriter Salary offered is up to &163;42,000 depending on experience bonus (up to 10 of salary) benefits 35 hour working week, Mon-Fri no evenings or weekends Hybrid up to 80 homeworking available and 20 in Bristol About the role We have an exciting opportunity for a Commercial. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. Motor Underwriter New Business. The average salary for a Senior Underwriter is 89,070 in 2023. To estimate the most accurate hourly salary range for Commercial Underwriter jobs, ZipRecruiter continuously. Find out the highest paying jobs at Auto-Owners Insurance and salaries by location, department, and level. Commercial underwriters salaries vary depending on their level of education, years of experience, and the size and industry of the company. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession. The estimated base pay is 74,683 per year. Remote in Umhlanga, KwaZulu-Natal. The main qualification for becoming an underwriter is earning a bachelor's degree in business administration, finance, or a relevant field. The estimated additional pay is 11,012 per year. The estimated total pay for a Personal Lines Underwriter is 88,207 per year in the United States area, with an average salary of 71,754 per year. 10 Salaries submitted. 86hour) Top 10 Annual Salary 153,000. The salary range for a commercial underwriter in New York City is around 90,490 per annum while in Las Vegas one earns an amount of 87,388 per annum. The estimated total pay for a Personal Lines Underwriter is 88,207 per year in the United States area, with an average salary of 71,754 per year. 44,000 10. Commercial Insurance Underwriter. Comparatively, the highest commercial underwriter annual salary comes from the finance industry. C2k - C12k. S27k - S208k. The estimated total pay for a Commercial Underwriter at Wells Fargo is 97,813 per year. Salaries estimates are based on 114 salaries submitted anonymously to Glassdoor by Commercial Underwriter employees. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. The estimated total pay for a Commercial Underwriter at Acuity Insurance is 88,432 per year. The estimated base pay is 79,421 per year. The average underwriter salary in South Africa is R 300 006 per year or R 154 per hour. The average Commercial Underwriter base salary at Ally Financial is 80K per year. The estimated total pay for a Credit Underwriter is 86,134 per year in the United States area, with an average salary of 71,207 per year. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. R20 000 - R25 000. R25 000 Monthly Commercial Underwriter and AdministratorPretoria EastR20 000. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. The estimated total pay for a Commercial Underwriter is 117,274 per year in the New York City, NY area, with an average salary of 96,849 per year. Commercial Lines Underwriter. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. The estimated total pay for a Commercial Underwriter at Acuity Insurance is 88,432 per year. The estimated additional pay is 11,425 per year. The average additional pay is 9K per year, which could include cash bonus, stock, commission, profit sharing or tips. The Most Likely Range reflects values within the 25th and 75th percentile of all pay data available for this role. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. The salary starts at 62,146 per year and goes up to 125,753 per year for the highest level of seniority. The estimated total pay for a Commercial Underwriter at Progressive Insurance is 84,882 per year. The estimated total pay for a Commercial Underwriter is 96,509 per year in the United States area, with an average salary of 78,781 per year. 09 hourly, according to job data provided by the Bureau of Labor Statistics (BLS). An entry-level Underwriter with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of 52,089 based on 216 salaries. The Commercial Loan Underwriter&39;s salary will change in different locations. High 138,513. The estimated total pay for a Small Commercial Underwriter is 112,172 per year in the United States area, with an average salary of 68,469 per year. Profit Sharing. The estimated total pay for a Commercial Underwriter at Grange Insurance is 89,974 per year. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. The estimated total pay for a Underwriter at Chase is 83,479 per year. The estimated total pay for a Commercial Real Estate Underwriter is 106,936 per year in the United States area, with an average salary of 95,939 per year. The average salary for a Underwriter is 96,153 per year in United States. commercial underwriter. Job description samples for similar positions. Average Commercial Lines Underwriter Salary. French not required. The average salary for a underwriter is 96,182 per year in the United States. The estimated total pay for a Underwriter at Comerica is 88,450 per year. The estimated total pay for a Executive Underwriter is 129,076 per year in the United States area, with an average salary of 97,932 per year. Salary Search Senior Underwriter - Commercial Real Estate salaries in Ottawa, ON; See popular questions & answers about Banque Laurentienne; Manager, Mortgage Investment Underwriting. The estimated total pay for a Underwriter is 80,306 per year in the Atlanta, GA area, with an average salary of 72,479 per year. Similar Job Titles. The average Senior Commercial Underwriter salary in New York, NY is 104,860 as of September 25, 2023, but the salary range typically falls between 93,360 and 120,504. Nov 27, 2023 The Commercial Loan Underwriter salary range is from 62,870 to 87,265, and the average Commercial Loan Underwriter salary is 77,476year in the United States. Commercial Underwriter. The estimated total pay for a Executive Underwriter is 129,076 per year in the United States area, with an average salary of 97,932 per year. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. The average salary for a Underwriter is 94,206 per year in New Jersey. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. 1) more than the average Commercial Underwriter salary of 66,463. The estimated additional pay is 14,259. A commercial underwriter, or business underwriter, is someone who works for an insurance firm and assesses commercial clients to determine whether to accept or reject their application for coverage based on the level of risk they present. Average 68,166. How much does a Commercial Underwriter make in South Africa R 27 500. You may need a bachelor&x27;s degree that includes. Salary Search INSURANCE SHORT-TERM COMMERCIAL UNDERWRITER salaries in Cape Town, Western Cape; Commercial Underwriter. The estimated total pay for a Bond Underwriter is 111,516 per year in the United States area, with an average salary of 87,141 per year. 40,000 - 65,000 a year. Just in case you need a simple salary calculator, that works out to be approximately 39. The estimated additional pay is. 42,878 - 68,604 a year. The estimated additional pay is 9,539 per year. The average commercial underwriter salary ranges between 41,000 and 84,000 in the US. &163;52,717 per year. 682 Commercial Loan Underwriter jobs available on Indeed. The estimated additional pay is 27,719 per year. The range for our most popular Underwriter positions (listed below). A commercial underwriter's average salary is 57,904 whereas commercial lines underwriters make an average salary of 67,892. The average salary for a Commercial Credit Underwriter is 68,365 in 2023. Apply to Underwriter, Senior Underwriter, Customer Service Representative and more. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. View all Intact jobs - Dartmouth jobs - Senior Underwriter jobs in Dartmouth, NS; Salary Search Intermediate or Senior Commercial Lines Underwriter, Property & Casualty salaries; See popular questions & answers about Intact. Please note that all salary figures are approximations. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. C974 - C10k. This is the equivalent of 1,898week or 8,228month. Dec 5, 2023 MEDIAN 58k 90 82k The average salary for a Commercial Underwriter is 58,432 in 2023 Base Salary 44k - 82k Bonus 796 - 10k Profit Sharing 1k - 5k Total Pay 44k - 85k Based on 262. 48 annual Fremont Bank founded in 1964, is one of the oldest independentlyowned banks in the. Oct 29, 2023 The estimated total pay for a Small Commercial Underwriter at The Hartford is 82,185 per year. The estimated total pay for a Commercial Underwriter is 88,153 per year in the Iowa area, with an average salary of 73,269 per year. The estimated total pay range for a Underwriter at West Bend Mutual Insurance Co. The average salary for Commercial Underwriter is 72,642 per year in the Vancouver, BC. Commercial Underwriter salaries - 39 salaries reported. Six figures is certainly and quickly attainable. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. 10 Salaries submitted. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. The estimated base pay is 86,260 per year. The estimated additional pay is 5,645 per year. The estimated base pay is 70,348 per year. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. Pursue a relevant degree program. The estimated base pay is 78,910 per year. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. Top companies for Underwriters in Australia. While ZipRecruiter is seeing hourly wages as high as 53. Comerica salary trends based on salaries posted anonymously by Comerica employees. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. The estimated additional pay is 8,603 per year. xcideosc9m, citibank credit cards sign in
The estimated base pay is 75,586 per year. . Commercial underwriter salary
The estimated total pay range for a Underwriter at West Bend Mutual Insurance Co. Similar Job Titles. The estimated base pay is 82,410 per year. Is this useful Maybe. 57K 2K. High 145,000. The estimated total pay for a Commercial Underwriter at COUNTRY Financial is 81,421 per year. The estimated base pay is 73,410 per year. Estimated take-home pay 89,866. The average salary for a Senior Underwriter in Canada is C76,006 in 2023. The estimated total pay for a Commercial Underwriter at Farmers Insurance Group is 84,837 per year. Total Pay. The estimated base pay is 74,683 per year. 85 per hour. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. The estimated base pay is 74,832 per year. Average Commercial Lines Underwriter Salary. The estimated base pay is 73,410 per year. The average commercial underwriter salary in the United States is 59,051. The average salary for a underwriter is 90,920 per year in Australia. The estimated additional pay is 14,884 per year. The estimated base pay is 79,612 per year. C46k - C84k. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. The estimated additional pay is. uk, ranging from &163;38,525 to &163;57,458. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. The estimated total pay for a Underwriter at Chase is 83,479 per year. The average Commercial Underwriter base salary at Bank of America is 87K per year. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. The average Commercial Underwriter salary is 60,852 as of September 25, 2023, but the salary range typically falls between 53,553 and 68,464. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. Remote in Umhlanga, KwaZulu-Natal. Answer straightforward inquiries from brokers promptly and courteously. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. The estimated total pay for a Commercial Mortgage Underwriter is 178,564 per year in the United States area, with an average salary of 107,594 per year. The estimated additional pay is 27,719 per year. I started at 92k USD as a first year middle market underwriter, in the southwest region. The estimated total pay for a Commercial Lines Assistant Underwriter is 65,244 per year in the United States area, with an average salary of 56,255 per year. Oct 29, 2023 The estimated total pay for a Commercial Loan Underwriter is 102,160 per year in the United States area, with an average salary of 85,060 per year. The estimated total pay for a Commercial Underwriter is 96,584 per year in the United States area, with an average salary of 78,853 per year. Commercial underwriter salaries typically range between 41,000 and 84,000 yearly. Location Birmingham, West Midlands. The estimated additional pay is 13,489 per. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. The estimated base pay is 75,567 per year. The estimated base pay is 71,640 per year. The average underwriter salary in South Africa is R 300 006 per year or R 154 per hour. The average salary for Commercial Underwriter is 79,095 per year in the Australia. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. 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. The estimated base pay is 70,348 per year. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. The estimated total pay for a Underwriter at Pathward is 81,979 per year. The salary range for a commercial underwriter in New York City is around 90,490 per annum while in Las Vegas one earns an amount of 87,388 per annum. The estimated base pay is 74,190 per year. Dec 5, 2023 MEDIAN 58k 90 82k The average salary for a Commercial Underwriter is 58,432 in 2023 Base Salary 44k - 82k Bonus 796 - 10k Profit Sharing 1k - 5k Total Pay 44k - 85k Based on 262. The estimated base pay is 86,295 per year. 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. Salaries estimates are based on 555 salaries submitted anonymously to Glassdoor by Underwriter employees in Toronto, ON. Commercial Loan Underwriter Salary & Outlook. Average base salary. 86 per hour, totaling 37,158 annually. The estimated base pay is 77,114 per year. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. Dec 16, 2023 The estimated total pay for a Underwriter is 79,785 per year in the United States area, with an average salary of 72,268 per year. The average insurance underwriter salary in the United States is 64,163. The estimated base pay is 82,410 per year. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. The estimated additional pay is 11,073. The estimated base pay is 93,023 per year. 15 Insurance Underwriter jobs available in South Carolina on Indeed. The estimated base pay is 93,023 per year. The average Commercial Lines Underwriter salary in the United States is 67,892 per year or 33 per hour. Average salary. The estimated base pay is 76,376 per year. Your company may offer life, health, property, casualty, or other types of insurance. The estimated total pay for a Commercial Credit Underwriter at TD is 83,770 per year. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. View the job description, responsibilities and qualifications for this position. The average commercial underwriter salary in Canada is 100,109 per year or 51. The estimated base pay is 72,284 per year. The average Underwriter base salary at West Bend Mutual Insurance Co. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. The estimated total pay for a Entry Level Underwriter is 69,245 per year in the United States area, with an average salary of 63,194 per year. The estimated base pay is 82,410 per year. Visit PayScale to research commercial credit underwriter salaries by city, experience, skill, employer and more. Suncorp Group. Salaries estimates are based on 192 salaries submitted anonymously to Glassdoor by Underwriter employees in Australia. 72K - 109K. The estimated total pay for a Underwriter at PNC Financial Services Group is 79,383 per year. The estimated total pay for a Commercial Credit Underwriter at TD is 83,770 per year. Salary Search Commercial Credit Underwriter I-II salaries in Grand Rapids, MI; See popular questions & answers about Bank of America; View similar jobs with this employer. The base salary for Senior Commercial Underwriter ranges from 79,456 to 102,556 with the average base salary of 89,243. MEDIAN 58k 90 82k The average salary for a Commercial Underwriter is 58,432 in 2023 Base Salary 44k - 82k Bonus 796 - 10k Profit Sharing 1k - 5k. 0 open jobs. The estimated base pay is 82,410 per year. The estimated base pay is 73,345 per year. The estimated total pay for a Underwriting Assistant is 54,212 per year in the United States area, with an average salary of 51,028 per year. 83 an hour. The estimated total pay for a Commercial Underwriter at Frontline Insurance is 80,694 per year. Mirror Images. Just in case you need a simple salary calculator, that works out to be approximately 47. The estimated base pay is 76,376 per year. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. A Commercial Underwriting&39;s salary can be paid hourly, weekly or monthly depending on the company and job type. Non-cash benefit. Loan officers reach similar levels of education compared to commercial underwriters, in general. Answer straightforward inquiries from brokers promptly and courteously. The average additional cash compensation for a Underwriter in the Toronto, ON is 4,848, with a range from 2,652 - 8,862. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. This moderate range of salaries suggests pay in this role will be consistent, regardless skill level, location and years of experience, though some advancement is possible. Average Commercial Lines Underwriter Salary. . over40handjobs