Underwriter Salaries & Top Paying Companies in Bakersfield, CA

Position

City

Salary

How much does a Underwriter make in Bakersfield, CA?

The average salary for a Underwriter is $94,816 per year in Bakersfield, CA.

Graph depicting the yearly salary distribution for Underwriter jobs in Bakersfield, CA, showing an average salary of $94,816 with varying distribution percentages across salary ranges.

Graph depicting the monthly salary distribution for Underwriter jobs in Bakersfield, CA, showing an average salary of $7,901 with varying distribution percentages across salary ranges.

Graph depicting the weekly salary distribution for Underwriter jobs in Bakersfield, CA, showing an average salary of $1,823 with varying distribution percentages across salary ranges.

Graph depicting the hourly salary distribution for Underwriter jobs in Bakersfield, CA, showing an average salary of $46 with varying distribution percentages across salary ranges.

In Bakersfield, CA, Underwriters have a strong earning potential. On average, they make about $94,816 each year. This figure represents a good salary for those living in the area. Many people find this income level helps them to meet their financial needs comfortably.

Underwriters in Bakersfield usually work for insurance companies or financial institutions. Their job is to assess risks and decide whether to offer insurance. They consider many factors, such as the applicant's health, occupation, and hobbies. Successful Underwriters make decisions that protect both the company and the client. Their work is vital to the smooth running of these businesses.

What are the highest paying cities for a Underwriter near Bakersfield, CA?

Stockton, CA, offers the highest average salary for Underwriters, reaching $107,468. This makes it a prime location for those looking to boost their earnings in this field. Close behind, Fresno, CA, provides an average salary of $82,414, offering another great opportunity for Underwriters in the region. These cities present excellent career prospects with competitive pay for professionals in this industry.

Graph displaying highest paying cities salaries for Underwriter jobs near Bakersfield, CA, highlighting Stockton, CA with the highest at $107,468 and Oxnard, CA with the lowest at $64,500.

Stockton, CA
Average Salary: $107,468
In Stockton, the insurance industry offers roles that assess risk and provide valuable services. Companies like Nationwide and State Farm look for professionals who can evaluate applications. This job involves analyzing data to make decisions that benefit both the company and the applicants.
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Fresno, CA
Average Salary: $82,414
Fresno has a growing demand for skilled risk assessors in the insurance sector. Notable firms such as Allstate and Farmers Insurance seek individuals with a keen eye for detail. Working as a risk evaluator, you will review insurance applications and ensure the right coverage is provided.
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Woodland, CA
Average Salary: $80,968
Woodland offers opportunities for those interested in assessing insurance risks. Employers like Safeco and Liberty Mutual look for sharp minds to join their teams. As a risk analyst, you will study applications to decide on the best insurance options for clients.
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Oxnard, CA
Average Salary: $64,500
Oxnard features a vibrant insurance market that values the expertise of risk assessment. Companies such as Geico and Progressive search for detail-oriented individuals. This role requires you to examine insurance applications and recommend the most suitable policies.
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What are the best paying companies for a Underwriter in Bakersfield, CA?

Tri Counties Bank stands out as a top choice for underwriters in Bakersfield, CA. This company offers a competitive average salary of $106,700, making it a lucrative option. Valley Strong Credit Union also provides solid compensation with an average salary of $81,765 for underwriters, another excellent opportunity in the area. Both companies offer promising career growth and a stable work environment. Skilled underwriters can benefit from these competitive salaries and advance their careers effectively.

Graph displaying best paying company salaries for Underwriter jobs in Bakersfield, CA, highlighting Tri Counties Bank with the highest at $106,700 and Valley Strong Credit Union with the lowest at $81,765.

Tri Counties Bank
Average Salary: $106,700
Tri Counties Bank is a reputable financial institution based in Bakersfield, CA. They offer various banking services to individuals and businesses. Underwriters at Tri Counties Bank evaluate loan applications and assess risk. They play a crucial role in making informed lending decisions. This company operates several branches in Bakersfield and the surrounding areas.
Valley Strong Credit Union
Average Salary: $81,765
Valley Strong Credit Union is a leading financial cooperative that serves Bakersfield, CA, and its neighboring communities. They provide a range of financial services with a focus on member satisfaction. Underwriters at Valley Strong Credit Union review and approve loan requests. They ensure that loans meet the credit union’s standards. The credit union has multiple branches throughout Bakersfield.

What are the best paying Underwriter related jobs in Bakersfield, CA?

If you are looking for high-paying roles similar to underwriting in Bakersfield, CA, consider becoming a Risk Management Manager. This role offers an average salary of $139,957. Another good choice is a Risk Analyst, which provides a salary of $125,000 on average. Actuary positions also bring in a strong salary, averaging $120,540.

Graph displaying best paying related job salaries for Underwriter jobs near Bakersfield, CA, highlighting Risk Management Manager with the highest at $139,957 and Actuary with the lowest at $120,540.

Risk Management Manager
Average Salary: $139,957
They assess and manage risks for companies. They work closely with underwriters to identify potential threats and create plans to mitigate them. Firms like Nationwide and Geico seek these professionals in Bakersfield.
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Risk Analyst
Average Salary: $125,000
They analyze data to evaluate risks. They study trends and provide insights to help in decision-making. Local firms often need these experts to keep operations running smoothly.
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Actuary
Average Salary: $120,540
They use math and statistics to predict future financial events. They play a key role in setting insurance premiums. Companies like Prudential and AXA look for these specialists in Bakersfield.
Find Actuary jobs in Bakersfield, CA

Underwriter Salary in Bakersfield, CA

How much does a Underwriter make in Bakersfield, CA?

What are the highest paying cities for a Underwriter near Bakersfield, CA?

What are the best paying companies for a Underwriter in Bakersfield, CA?

Currently 947 Underwriter job openings, nationwide.

How's the job market for a Underwriter in the US?

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