Underwriter Underwriter Salary in Philadelphia, PA

Underwriter Salary in Philadelphia, PA

Updated on Aug 12, 2025
Position
City
Salary

How much does a Underwriter make in Philadelphia, PA?

The average salary for a Underwriter is $109,664 per year in Philadelphia, PA.
Yearly
Monthly
Weekly
Hourly
Graph depicting the yearly salary distribution for Underwriter jobs in Philadelphia, PA, showing an average salary of $109,664 with varying distribution percentages across salary ranges.
Graph depicting the monthly salary distribution for Underwriter jobs in Philadelphia, PA, showing an average salary of $9,139 with varying distribution percentages across salary ranges.
Graph depicting the weekly salary distribution for Underwriter jobs in Philadelphia, PA, showing an average salary of $2,109 with varying distribution percentages across salary ranges.
Graph depicting the hourly salary distribution for Underwriter jobs in Philadelphia, PA, showing an average salary of $53 with varying distribution percentages across salary ranges.

Underwriters in Philadelphia, PA, enjoy a competitive salary that reflects their important role in the insurance industry. On average, an underwriter in this city earns about $109,664 per year. This salary can vary based on experience, skills, and the specific company. Many underwriters start at the lower end of the salary range and can see increases as they gain more experience.

The salary range for underwriters in Philadelphia spans from $58,040 to $205,000 annually. This range shows the potential for growth and advancement in the field. Factors such as the type of insurance, company size, and individual performance can influence where an underwriter falls within this range. Those with specialized skills or certifications may find themselves on the higher end of the scale.

Underwriter jobs in Philadelphia, PA
View all Underwriter jobs in Philadelphia, PA

What are the highest paying cities for a Underwriter near Philadelphia, PA?

Job seekers looking for Underwriter positions near Philadelphia, PA, can find attractive opportunities in nearby cities. Newark, NJ, offers the highest average salary at $152,243, followed by New York, NY, with $129,110. Baltimore, MD, provides a competitive salary of $112,465, making it another excellent choice for those seeking higher pay. Other cities like Pittsburgh, PA, and Lancaster, PA, also offer good salaries, with averages of $108,511 and $103,475, respectively. These cities provide a range of options for professionals aiming to balance career growth with a strong salary.
Graph displaying highest paying cities salaries for Underwriter jobs near Philadelphia, PA, highlighting Newark, NJ with the highest at $152,243 and Allentown, PA with the lowest at $73,828.

  1. Newark, NJ
    Average Salary: $152,243
    Newark offers a dynamic environment for those in the insurance field. With major companies like Prudential and Chubb, professionals can expect a robust career path. The city's diverse economy provides ample opportunities for growth.
    Find Underwriter jobs in Newark, NJ


  2. New York, NY
    Average Salary: $129,110
    New York City is a hub for financial services, making it ideal for insurance professionals. Companies like MetLife and AXA provide extensive experience. The city's fast pace and high demand for skilled underwriters ensure a challenging and rewarding career.
    Find Underwriter jobs in New York, NY


  3. Baltimore, MD
    Average Salary: $112,465
    Baltimore presents a balanced lifestyle with a strong insurance sector. Firms like Esurance and Travelers offer solid career opportunities. The city's lower cost of living compared to nearby D.C. makes it an attractive option for professionals.
    Find Underwriter jobs in Baltimore, MD


  4. Pittsburgh, PA
    Average Salary: $108,511
    Pittsburgh combines industry with a lower cost of living, making it a great place for underwriters. Companies like Highmark and UPMC provide diverse experiences. The city's rich history and community spirit add to the professional environment.
    Find Underwriter jobs in Pittsburgh, PA


  5. Lancaster, PA
    Average Salary: $103,475
    Lancaster offers a quieter, family-friendly atmosphere with strong insurance companies. Firms like Farm Bureau and Nationwide provide stable careers. The city's small-town feel with big-city opportunities makes it a unique choice.
    Find Underwriter jobs in Lancaster, PA


  6. Washington, DC
    Average Salary: $98,018
    Washington, D.C. is a political and financial center, offering many opportunities for underwriters. Companies like Allstate and UnitedHealth Group are prominent. The city's vibrant culture and professional networking events enhance career growth.
    Find Underwriter jobs in Washington, DC


  7. York, PA
    Average Salary: $95,583
    York provides a blend of work and leisure with a strong insurance market. Companies like Hershey Insurance and Nationwide offer good career prospects. The city's affordable living and community amenities make it a desirable location.
    Find Underwriter jobs in York, PA


  8. Mount Laurel, NJ
    Average Salary: $88,203
    Mount Laurel offers a peaceful suburban environment with access to major insurance firms. Companies like Prudential and Cigna provide excellent career paths. The area's excellent schools and low crime rate make it ideal for families.
    Find Underwriter jobs in Mount Laurel, NJ


  9. Trenton, NJ
    Average Salary: $80,761
    Trenton is a historic city with a growing insurance sector. Firms like Horizon Blue Cross and AmeriHealth offer promising careers. The city's revitalization efforts and cultural attractions add to the professional experience.
    Find Underwriter jobs in Trenton, NJ


  10. Allentown, PA
    Average Salary: $73,828
    Allentown combines industry with a lower cost of living, making it a good choice for underwriters. Companies like Highmark and UPMC offer solid opportunities. The city's cultural events and outdoor activities provide a balanced lifestyle.
    Find Underwriter jobs in Allentown, PA

What are the best paying companies for a Underwriter in Philadelphia, PA?

Liberty Mutual Insurance offers one of the highest salaries for underwriters in Philadelphia, with an average of $176,663. Zurich Insurance follows closely, providing an average salary of $166,300. Chubb Insurance also offers competitive pay, with an average of $117,338 for underwriters. The Cigna Group and New York Life also offer attractive salaries for underwriters in the area. The Cigna Group pays an average of $111,000, while New York Life offers an average salary of $109,200. These companies provide excellent opportunities for job seekers looking to advance their careers.
Graph displaying best paying company salaries for Underwriter jobs in Philadelphia, PA, highlighting Liberty Mutual Insurance with the highest at $176,663 and New York Life with the lowest at $109,200.

  1. Liberty Mutual Insurance
    Average Salary: $176,663
    Liberty Mutual Insurance offers Underwriter jobs with a focus on risk management. They operate in Philadelphia, PA, and other locations. Their roles often involve assessing risks and determining insurance coverage.


  2. Zurich Insurance
    Average Salary: $166,300
    Zurich Insurance provides Underwriter positions that emphasize customer service and risk evaluation. They have offices in Philadelphia, PA, and other areas. Underwriters here work to ensure clients get the right insurance policies.


  3. Chubb Insurance
    Average Salary: $117,338
    Chubb Insurance offers Underwriter jobs that focus on complex insurance needs. They operate in Philadelphia, PA, and other locations. Underwriters here manage large and intricate insurance policies.


  4. The Cigna Group
    Average Salary: $111,000
    The Cigna Group provides Underwriter roles with a focus on health insurance. They have offices in Philadelphia, PA, and other areas. Underwriters here assess health risks and determine coverage options.


  5. New York Life
    Average Salary: $109,200
    New York Life offers Underwriter jobs with a focus on life insurance. They operate in Philadelphia, PA, and other locations. Underwriters here evaluate life insurance applications and determine policy terms.

Currently 1,011 Underwriter job openings, nationwide.

View Underwriter Jobs in Philadelphia, PA

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.
Position
Overview
Underwriter
1,011 Job Openings

Win at hiring.

Visit the help center for any questions.
Contact Support
ReadySetHire icon
©2025 • ReadySetHire