Underwriter Salaries & Top Paying Companies in Los Angeles, CA

Position

City

Salary

How much does a Underwriter make in Los Angeles, CA?

The average salary for a Underwriter is $104,429 per year in Los Angeles, CA.

Graph depicting the yearly salary distribution for Underwriter jobs in Los Angeles, CA, showing an average salary of $104,429 with varying distribution percentages across salary ranges.

Graph depicting the monthly salary distribution for Underwriter jobs in Los Angeles, CA, showing an average salary of $8,702 with varying distribution percentages across salary ranges.

Graph depicting the weekly salary distribution for Underwriter jobs in Los Angeles, CA, showing an average salary of $2,008 with varying distribution percentages across salary ranges.

Graph depicting the hourly salary distribution for Underwriter jobs in Los Angeles, CA, showing an average salary of $50 with varying distribution percentages across salary ranges.

If you are considering a career as an Underwriter in Los Angeles, CA, it is important to know what kind of salary you can expect. Based on recent data, the average yearly salary for an Underwriter in Los Angeles is about $104,429. This means that, on average, Underwriters in this area can expect to earn a good living.

The salary of an Underwriter can vary based on experience and other factors. Here is a breakdown of how salaries are distributed:

4.87% of Underwriters earn $48,000 or less
20.71% earn between $48,000 and $61,909
12.99% earn between $61,909 and $75,818
17.46% earn between $75,818 and $89,727
10.56% earn between $89,727 and $103,636
6.90% earn between $103,636 and $117,545
8.53% earn between $117,545 and $131,455
4.06% earn between $131,455 and $145,364
4.06% earn between $145,364 and $159,273
2.03% earn between $159,273 and $173,182
2.84% earn $173,182 or more

Understanding this range can help you set realistic expectations and make informed career decisions.

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

Underwriters near Los Angeles have great career opportunities, especially in Torrance, CA. This city offers an average salary of $92,697, the highest among nearby areas. Job seekers will find competitive compensation and various positions in the region. El Segundo, Pasadena, and Glendale also provide solid salaries for underwriters, ranging from $77,000 to $80,000 annually. These cities offer good living standards and a strong job market for those entering the field.

Graph displaying highest paying cities salaries for Underwriter jobs near Los Angeles, CA, highlighting Torrance, CA with the highest at $92,697 and Glendale, CA with the lowest at $77,100.

Torrance, CA
Average Salary: $92,697
In Torrance, those in risk assessment roles work for major insurance firms. This city offers a mix of coastal and suburban settings, with companies like Farmers Insurance and American International Group hiring for these positions. The area's dynamic economy supports a robust career in this field.
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El Segundo, CA
Average Salary: $79,768
El Segundo presents a thriving environment for professionals in risk evaluation. This coastal city is home to tech giants and aerospace firms, where evaluating risks is crucial. Companies such as Boeing and SpaceX often seek skilled individuals to ensure operational safety and compliance.
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Pasadena, CA
Average Salary: $77,345
Pasadena offers a unique blend of urban and suburban living for those assessing risks. Here, firms such as State Farm and Nationwide Insurance provide opportunities. The area's rich cultural scene adds to the appeal for those seeking a balanced professional and personal life.
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Glendale, CA
Average Salary: $77,100
Glendale provides a vibrant setting for risk professionals. This diverse city hosts a variety of companies in need of these skills. With firms like Farmers Insurance and Liberty Mutual, Glendale offers a supportive community for those in this line of work.
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What are the best paying companies for a Underwriter in Los Angeles, CA?

Underwriters in Los Angeles can expect competitive salaries at top companies like CNA Insurance and Great American Insurance Group. CNA offers an average salary of $155,833, while Great American provides $148,750. These companies provide excellent opportunities for those seeking high-paying roles in underwriting. Banks and insurance firms such as Citi, Liberty Mutual, and The Hartford also pay well. Citi pays an average of $146,000, with Liberty Mutual offering around $145,808. These companies are known for their robust benefits and career advancement.

Graph displaying best paying company salaries for Underwriter jobs in Los Angeles, CA, highlighting CNA Insurance with the highest at $155,833 and Zurich Insurance with the lowest at $114,096.

CNA Insurance
Average Salary: $155,833
CNA Insurance offers Underwriter jobs in Los Angeles, California. They focus on risk management and have offices across the city. They provide a comprehensive benefits package.
Great American Insurance Group
Average Salary: $148,750
Great American Insurance Group has Underwriter positions available in Los Angeles, California. They have multiple locations in the city. They offer competitive pay and a friendly work environment.
Citi
Average Salary: $146,000
Citi has Underwriter roles in Los Angeles, California. They have offices throughout the city and offer a wide range of benefits. They value employee growth and development.
Liberty Mutual Insurance
Average Salary: $145,808
Liberty Mutual Insurance offers Underwriter jobs in Los Angeles, California. They have locations in various parts of the city. They focus on teamwork and provide a supportive work environment.
SitusAMC
Average Salary: $136,667
SitusAMC has Underwriter positions in Los Angeles, California. They operate in multiple locations across the city. They offer a strong benefits package and professional development opportunities.
The Hartford
Average Salary: $127,790
The Hartford provides Underwriter jobs in Los Angeles, California. They have offices in different parts of the city. They emphasize a positive work culture and offer various perks.
Bank of Hope
Average Salary: $126,308
Bank of Hope offers Underwriter roles in Los Angeles, California. They have multiple locations in the city. They provide a competitive salary and a supportive work environment.
AXA
Average Salary: $121,542
AXA has Underwriter positions available in Los Angeles, California. They operate in different parts of the city. They offer a comprehensive benefits package and opportunities for career growth.
Bank of America
Average Salary: $119,283
Bank of America offers Underwriter jobs in Los Angeles, California. They have offices throughout the city. They provide a positive work environment and various benefits.
Zurich Insurance
Average Salary: $114,096
Zurich Insurance has Underwriter roles in Los Angeles, California. They operate in multiple locations in the city. They emphasize employee well-being and offer a good benefits package.

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

For job seekers interested in the underwriting field in Los Angeles, CA, some top-paying roles to consider include Risk Management Director and Underwriting Manager. These positions offer attractive salary packages, with Risk Management Directors earning an average of $220,500 and Underwriting Managers about $174,904. These roles often require advanced skills and experience, making them rewarding career options. Actuaries and Investment Bankers also provide lucrative opportunities, with Actuaries earning around $152,204 and Investment Bankers about $155,479. These jobs demand strong analytical skills and a deep understanding of financial markets. Pursuing these positions can lead to stable and high-paying careers.

Graph displaying best paying related job salaries for Underwriter jobs near Los Angeles, CA, highlighting Risk Management Director with the highest at $220,500 and Wealth Management Advisor with the lowest at $130,102.

Risk Management Director
Average Salary: $220,500
This role involves assessing and managing risk for an organization. It often involves working with underwriters to determine the viability of various business proposals. Companies like KPMG and Ernst & Young in Los Angeles often have these positions.
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Estate Planner
Average Salary: $203,333
Estate planners help clients plan their financial future. They often work closely with those looking to manage their wealth and assets. Firms such as Edward Jones and Merrill Lynch offer estate planning services in the city.
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Underwriting Manager
Average Salary: $174,904
Underwriting managers oversee a team of underwriters, ensuring they assess and evaluate risk effectively. These roles exist in firms like Prudential and New York Life in Los Angeles. They ensure policies meet company standards and regulatory requirements.
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Investment Banker
Average Salary: $155,479
Investment bankers help companies raise capital and manage their financial transactions. They work closely with underwriters to ensure successful offerings. Banks such as Goldman Sachs and Morgan Stanley in Los Angeles offer these positions.
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Actuary
Average Salary: $152,204
Actuaries use statistics to evaluate financial risk. They often collaborate with underwriters to assess the probability of future events. Major firms like Aon and Willis Towers Watson in Los Angeles often hire actuaries.
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Risk Management Manager
Average Salary: $148,630
These professionals focus on minimizing company risk. They often work with underwriters to develop strategies and policies. Companies like Accenture and Deloitte in Los Angeles frequently have these roles.
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Certified Financial Planner
Average Salary: $140,758
Certified financial planners offer advice on investments, taxes, and estate planning. They often help clients make informed decisions. Firms like Vanguard and Fidelity in Los Angeles often hire these professionals.
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Chief Risk Officer
Average Salary: $134,573
This executive role oversees all risk management activities. They ensure that underwriters and other teams comply with company policies. Major corporations in Los Angeles, such as Bank of America and JPMorgan Chase, often have this position.
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Portfolio Manager
Average Salary: $131,347
Portfolio managers oversee investment portfolios. They work with underwriters to assess the risk of various investments. Financial firms like BlackRock and T. Rowe Price in Los Angeles offer these opportunities.
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Wealth Management Advisor
Average Salary: $130,102
These advisors help clients manage their wealth. They often work with underwriters to assess and plan for financial risks. Firms like UBS and Charles Schwab in Los Angeles often hire wealth management advisors.
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Underwriter Salary in Los Angeles, CA

How much does a Underwriter make in Los Angeles, CA?

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

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

Currently 960 Underwriter job openings, nationwide.

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

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