Position
City
Salary
In Fresno, CA, Underwriters earn a decent salary. The average yearly salary for an Underwriter in this area is about $82,414. This salary can vary based on experience and company. Some new Underwriters might start around $55,000 a year. As they gain experience, their salary can increase significantly.
A look at the salary distribution shows how earnings spread out. About 18.54% of Underwriters earn the lower end, starting at $55,000. On the higher end, about 2.32% of Underwriters earn up to $142,500 a year. Most Underwriters fall in the middle, earning between $78,864 and $94,773. This range covers the bulk of the industry, indicating a wide potential for growth and stability in the field.

Bakersfield, CA
Average Salary: $94,001
In Bakersfield, professionals evaluate risk and offer insurance services. The thriving business environment attracts companies like State Farm and Nationwide. This city provides numerous opportunities to make an impact in the insurance sector.
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Sacramento, CA
Average Salary: $84,225
Sacramento offers a dynamic atmosphere for those in the insurance field. Companies such as Blue Shield of California and Allstate are prominent. The city's vibrant business scene makes it a great place to advance one's career.
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Woodland, CA
Average Salary: $80,968
Woodland is a smaller city with big opportunities. Here, insurance professionals work for companies like Farmers Insurance and Geico. The community-focused environment ensures you feel part of a team while growing your career.
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Zenith Insurance Company (United States)
Average Salary: $77,056
Zenith Insurance Company offers Underwriter positions with competitive salaries and benefits. Underwriters at Zenith work to assess risks and ensure the company’s financial stability. They are stationed in major cities across the United States, including New York, Chicago, and Los Angeles.
Burns & Wilcox
Average Salary: $65,000
Burns & Wilcox provides diverse opportunities for Underwriters. This company values careful risk assessment and thorough analysis. Underwriters here enjoy a supportive work environment. They are located in various offices, with the main offices in San Francisco, Sacramento, and Fresno.
Great American Insurance Group
Average Salary: $62,000
Great American Insurance Group offers promising career paths for Underwriters. They focus on creating a balanced and rewarding workplace. Underwriters in this company work closely with clients to tailor insurance solutions. Offices are spread across the United States, with major hubs in Cincinnati and Fresno.

Actuary
Average Salary: $180,979
This role involves assessing risk and calculating potential losses. They analyze data and use math to predict future trends. Many insurance companies hire actuaries to help set policy premiums.
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Chief Risk Officer
Average Salary: $166,250
A chief risk officer oversees the risk management strategy. They ensure the company is aware of potential risks and has a plan. Leading financial institutions often employ these professionals.
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Risk Management Manager
Average Salary: $157,100
This job requires managing risks for an organization. They develop policies and procedures to minimize risks. These managers often work in banks and financial services.
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Acquisitions Specialist
Average Salary: $140,000
They focus on expanding a company's portfolio. This role involves identifying potential companies to acquire. Financial firms in Fresno often seek these specialists to grow their business.
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Underwriting Manager
Average Salary: $115,500
This position involves overseeing the underwriting team. They ensure policies are fair and risks are managed. Insurance companies need skilled managers to lead their underwriting teams.
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Risk Analyst
Average Salary: $106,022
Risk analysts study data to identify potential hazards. They prepare reports and make recommendations. These professionals work in various industries to help manage risks effectively.
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Wealth Management Advisor
Average Salary: $104,966
They provide financial advice to clients. Wealth management advisors help clients manage investments. Many financial advisory firms in Fresno hire these professionals.
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Portfolio Manager
Average Salary: $103,506
This role involves managing investment portfolios. They make decisions to maximize returns. Investment firms look for skilled portfolio managers to oversee their clients' assets.
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Business Analyst
Average Salary: $90,233
They analyze business processes and identify areas for improvement. Business analysts work closely with management. Many companies hire them to optimize operations and increase efficiency.
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Risk Specialist
Average Salary: $89,575
They focus on specific types of risk, like credit or market risk. They assess the impact and develop strategies to mitigate risks. Insurance and finance companies often seek these specialists.
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