Underwriter Salary in San Francisco, CA

Underwriters in San Francisco, CA, earn a competitive salary. They can expect to make an average of $106,695 per year. This salary reflects the high cost of living in the area and the specialized skills needed for the job. The range of salaries can vary, with some underwriters earning as little as $50,500 and others earning up to $187,500.

Several factors can influence an underwriter's salary in San Francisco. These include experience, education, and the specific industry they work in. For example, those with more years of experience or advanced degrees may earn more. Also, underwriters in certain industries, like tech or finance, may see higher salaries. This variety in earnings shows that there are many opportunities for growth and advancement in this field.

1. Livermore, CA
   Average Salary: $104,025
   In Livermore, professionals assess risk and determine insurance coverage. The tech industry's presence here offers unique opportunities. Companies like Charles River Laboratories value skilled risk assessors.
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2. Oakland, CA
   Average Salary: $98,441
   Oakland provides a dynamic environment for those evaluating insurance risks. The city's diverse industries require adaptable risk management. Local firms such as Kaiser Permanente look for experienced underwriters.
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3. San Jose, CA
   Average Salary: $88,952
   San Jose offers a vibrant setting for risk evaluation. The tech hub attracts companies needing expert underwriters. Firms like Cisco Systems and Adobe Systems seek professionals who can navigate complex risks.
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1. Liberty Mutual Insurance
   Average Salary: $150,579
   Liberty Mutual Insurance offers Underwriter jobs with a focus on risk assessment and policy management. The company operates in San Francisco, CA, and other locations across the U.S. They provide a dynamic work environment with opportunities for professional growth.
   

   
   

2. Zurich Insurance
   Average Salary: $135,869
   Zurich Insurance provides Underwriter roles with a strong emphasis on customer service and risk management. They have offices in San Francisco, CA, and other major cities. Zurich values innovation and offers a competitive salary package.
   

   
   

3. Great American Insurance Group
   Average Salary: $127,750
   Great American Insurance Group offers Underwriter positions that focus on evaluating insurance applications. They operate in San Francisco, CA, and other key locations. The company promotes a collaborative work culture and offers attractive benefits.
   

   
   

4. The Hartford
   Average Salary: $124,770
   The Hartford provides Underwriter jobs with a focus on risk assessment and policy issuance. They have offices in San Francisco, CA, and other major cities. The Hartford values diversity and offers professional development opportunities.
   

   
   

5. Berkshire Hathaway Specialty Insurance
   Average Salary: $123,500
   Berkshire Hathaway Specialty Insurance offers Underwriter roles with a focus on specialized insurance products. They operate in San Francisco, CA, and other locations. The company provides a competitive salary and a supportive work environment.
   

   
   

6. PNC Financial Services Group
   Average Salary: $120,279
   PNC Financial Services Group offers Underwriter jobs with a focus on financial risk management. They have offices in San Francisco, CA, and other major cities. PNC values teamwork and offers a comprehensive benefits package.
   

   
   

7. The Hanover Insurance Group
   Average Salary: $118,167
   The Hanover Insurance Group provides Underwriter positions with a focus on property and casualty insurance. They operate in San Francisco, CA, and other key locations. The company promotes a positive work culture and offers professional growth opportunities.
   

   
   

8. Chubb Insurance
   Average Salary: $98,187
   Chubb Insurance offers Underwriter roles with a focus on risk management and policy evaluation. They have offices in San Francisco, CA, and other major cities. Chubb values innovation and offers a competitive salary package.
   

   
   

9. AIG
   Average Salary: $93,432
   AIG provides Underwriter jobs with a focus on risk assessment and policy issuance. They operate in San Francisco, CA, and other locations. AIG values diversity and offers a supportive work environment.
   

   
   

10. Everest Re Group
    Average Salary: $85,600
    Everest Re Group offers Underwriter positions with a focus on reinsurance and risk management. They have offices in San Francisco, CA, and other key locations. Everest Re Group promotes a collaborative work culture and offers professional development opportunities.
    

1. Compliance Officer
   Average Salary: $187,000
   This role ensures that the company follows all laws and regulations. They work closely with underwriters to make sure all policies comply with legal standards. Companies like Goldman Sachs and JPMorgan Chase offer these positions.
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2. Actuary
   Average Salary: $153,336
   Actuaries use math and statistics to assess risk. They work with underwriters to determine the likelihood of claims. Firms such as Milliman and Willis Towers Watson hire actuaries in the area.
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3. Portfolio Manager
   Average Salary: $148,530
   Portfolio managers oversee investment portfolios. They analyze risk and return for different assets. Companies like Charles Schwab and Fidelity Investments have these roles.
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4. Quantitative Analyst
   Average Salary: $145,243
   Quantitative analysts use data to make informed decisions. They help underwriters evaluate risk. Firms such as Two Sigma and Renaissance Technologies offer these jobs.
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5. Business Analyst
   Average Salary: $115,979
   Business analysts study company processes to improve efficiency. They work with underwriters to understand market trends. Companies like Salesforce and Oracle have these positions.
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6. Risk Analyst
   Average Salary: $114,232
   Risk analysts identify and assess potential risks. They help underwriters make informed decisions. Companies like McKinsey & Company and Boston Consulting Group offer these roles.
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7. Data Analyst
   Average Salary: $112,594
   Data analysts collect and interpret data. They provide insights to help underwriters make decisions. Firms such as Tableau Software and Splunk hire data analysts.
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8. Credit Analyst
   Average Salary: $109,273
   Credit analysts evaluate the creditworthiness of clients. They assess risk for underwriters. Companies like Equifax and Experian offer these positions.
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9. Credit Representative
   Average Salary: $79,333
   Credit representatives interact with clients to assess their credit needs. They work closely with underwriters. Companies like Synchrony Financial and Capital One offer these roles.
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10. Insurance Agent
    Average Salary: $62,212
    Insurance agents sell insurance policies to clients. They work with underwriters to determine coverage. Firms like Allstate and State Farm have these positions.
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