Underwriter Underwriter Salary in Detroit, MI

Underwriter Salary in Detroit, MI

Updated on Aug 12, 2025
Position
City
Salary

How much does a Underwriter make in Detroit, MI?

The average salary for a Underwriter is $67,027 per year in Detroit, MI.
Yearly
Monthly
Weekly
Hourly
Graph depicting the yearly salary distribution for Underwriter jobs in Detroit, MI, showing an average salary of $67,027 with varying distribution percentages across salary ranges.
Graph depicting the monthly salary distribution for Underwriter jobs in Detroit, MI, showing an average salary of $5,586 with varying distribution percentages across salary ranges.
Graph depicting the weekly salary distribution for Underwriter jobs in Detroit, MI, showing an average salary of $1,289 with varying distribution percentages across salary ranges.
Graph depicting the hourly salary distribution for Underwriter jobs in Detroit, MI, showing an average salary of $32 with varying distribution percentages across salary ranges.

Underwriters in Detroit, MI, play a crucial role in assessing risks for insurance companies. They analyze data to determine the likelihood of claims and set premiums. The average yearly salary for an underwriter in Detroit is around $67,027. This figure can vary based on experience, education, and the specific company you work for.

The salary range for underwriters in Detroit typically spans from $40,000 to over $105,000 per year. Entry-level positions may start at the lower end, while more experienced underwriters can earn towards the higher end. Factors such as specialized skills, certifications, and industry demand can also influence salary levels. Many underwriters find that with a few years of experience and continued professional development, they can see significant salary growth.

Underwriter jobs in Detroit, MI
View all Underwriter jobs in Detroit, MI

What are the highest paying cities for a Underwriter near Detroit, MI?

Job seekers looking for Underwriter positions near Detroit, MI, can find top-paying opportunities in Troy, MI. This city offers an average salary of $116,830, making it a prime location for those seeking higher earnings. Nearby, Livonia, MI, also provides a competitive average salary of $116,427, further enhancing the region's appeal for underwriters. Grand Rapids, MI, Cleveland, OH, Southfield, MI, and Pontiac, MI, also present attractive salary options for underwriters. Grand Rapids offers an average salary of $99,744, while Cleveland provides $87,129. Southfield, MI, and Pontiac, MI, offer $62,843 and $51,667, respectively, giving job seekers multiple choices to consider.
Graph displaying highest paying cities salaries for Underwriter jobs near Detroit, MI, highlighting Troy, MI with the highest at $116,830 and Pontiac, MI with the lowest at $51,667.

  1. Troy, MI
    Average Salary: $116,830
    In Troy, MI, professionals can find rewarding roles in insurance companies like Ally Financial and Quicken Loans. The city offers a dynamic work environment with opportunities for growth and development. The competitive salary and benefits make it an attractive place for those in the industry.
    Find Underwriter jobs in Troy, MI


  2. Livonia, MI
    Average Salary: $116,427
    Livonia, MI, is home to several insurance giants, including Blue Cross Blue Shield of Michigan. Working here means being part of a thriving industry with many career advancement opportunities. The city's supportive business environment fosters professional growth and stability.
    Find Underwriter jobs in Livonia, MI


  3. Grand Rapids, MI
    Average Salary: $99,744
    Grand Rapids, MI, offers a vibrant job market for those in the insurance sector. Companies like Aetna and VF Corporation provide excellent opportunities. The city's growing economy and diverse industries make it a great place for career development and stability.
    Find Underwriter jobs in Grand Rapids, MI


  4. Cleveland, OH
    Average Salary: $87,129
    In Cleveland, OH, professionals can work in a bustling insurance market with companies like Progressive and KeyCorp. The city offers a mix of traditional and modern opportunities, making it ideal for those seeking growth and innovation. Cleveland's rich history and cultural scene add to the overall appeal.
    Find Underwriter jobs in Cleveland, OH


  5. Southfield, MI
    Average Salary: $62,843
    Southfield, MI, is a hub for insurance companies like Farmers Insurance and PricewaterhouseCoopers. The city provides a dynamic work environment with many opportunities for career advancement. Professionals here enjoy a competitive salary and a supportive community.
    Find Underwriter jobs in Southfield, MI


  6. Pontiac, MI
    Average Salary: $51,667
    Pontiac, MI, offers a stable job market for insurance professionals with companies like General Motors and BorgWarner. The city's strong industry presence and supportive business environment make it a great place for career growth. Pontiac's affordable living and community spirit add to the overall appeal.
    Find Underwriter jobs in Pontiac, MI

What are the best paying companies for a Underwriter in Detroit, MI?

Huntington Bank offers one of the highest salaries for Underwriters in Detroit, MI, averaging $94,375. This financial institution provides a competitive package and a stable work environment. City of Detroit also pays well, with an average salary of $77,917, making it another attractive option for those seeking a rewarding career.
Graph displaying best paying company salaries for Underwriter jobs in Detroit, MI, highlighting Huntington Bank with the highest at $94,375 and CURE Auto Insurance with the lowest at $46,980.

  1. Huntington Bank
    Average Salary: $94,375
    Huntington Bank offers Underwriter positions with a focus on risk assessment and policy creation. With branches across Michigan, including Detroit, this company provides a dynamic work environment.


  2. City of Detroit
    Average Salary: $77,917
    The City of Detroit provides Underwriter roles that involve managing insurance policies for city-owned properties. This role is crucial for protecting the city's assets and ensuring compliance with regulations.


  3. CyberCoders
    Average Salary: $74,375
    CyberCoders connects job seekers with top companies offering Underwriter positions. They focus on matching candidates with roles that fit their skills and career goals, often in Detroit and beyond.


  4. Ally Financial
    Average Salary: $65,234
    Ally Financial offers Underwriter jobs that involve evaluating and approving insurance applications. This company operates in Detroit and provides a stable and supportive work environment.


  5. CURE Auto Insurance
    Average Salary: $46,980
    CURE Auto Insurance offers Underwriter positions focused on assessing auto insurance risks. This company operates in Detroit and provides opportunities for growth in a growing industry.

Currently 1,011 Underwriter job openings, nationwide.

View Underwriter Jobs in Detroit, MI

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

Learn what a Underwriter does, how to become one, and understand the job outlook. Get simple steps to start your career as a Underwriter today.
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