The average salary for a underwriter in Alabama is around $62,220 per year.
Avg Salary
Underwriters earn an average yearly salary of $62,220.
Wages typically start from $43,540 and go up to $129,600.
18% above national average Updated in 2025
Underwriter earnings by seniority
90th percentile
Top-level underwriter earnings begin at:
$62.31 per hour
$129,600 per year
75th percentile
Senior-level underwriter earnings begin at:
$47.33 per hour
$98,450 per year
50th percentile
Mid-level underwriter earnings begin at:
$29.92 per hour
$62,220 per year
25th percentile
Junior-level underwriter earnings begin at:
$26.16 per hour
$54,400 per year
10th percentile
Starting level underwriter earnings begin at:
$20.93 per hour
$43,540 per year
Approximate values based on highest and lowest earning segments.
Underwriter salary by state
| State Name | Average Salary |
|---|---|
| Washington | $99,400 |
| New York | $97,450 |
| Wisconsin | $97,370 |
| New Jersey | $96,220 |
| Maine | $95,510 |
| California | $95,320 |
| Maryland | $92,120 |
| Illinois | $89,620 |
| Georgia | $85,980 |
| Rhode Island | $84,720 |
| South Dakota | $83,130 |
| Arkansas | $82,130 |
| District of Columbia | $82,070 |
| Virginia | $81,870 |
| Alaska | $81,620 |
| Minnesota | $80,700 |
| Missouri | $80,040 |
| Kentucky | $79,830 |
| South Carolina | $79,570 |
| Ohio | $79,260 |
| Oregon | $79,200 |
| Pennsylvania | $78,950 |
| Texas | $78,890 |
| Tennessee | $78,840 |
| Florida | $78,720 |
| Vermont | $77,990 |
| Arizona | $77,740 |
| Indiana | $77,440 |
| Michigan | $77,380 |
| North Carolina | $77,120 |
| Kansas | $77,070 |
| Louisiana | $76,540 |
| Iowa | $75,160 |
| Nebraska | $75,120 |
| North Dakota | $74,130 |
| Hawaii | $73,260 |
| Utah | $72,730 |
| Oklahoma | $66,770 |
| New Mexico | $64,000 |
| Montana | $63,140 |
| Idaho | $62,530 |
| Wyoming | $62,290 |
| Alabama | $62,220 |
| Mississippi | $59,250 |
| Puerto Rico | $46,710 |
| West Virginia | $38,770 |
| Guam | $30,780 |
| Massachusetts | $106,640 |
| New Hampshire | $103,940 |
| Delaware | $103,670 |
| Nevada | $101,440 |
| Connecticut | $100,690 |
| Colorado | $100,640 |
How do underwriter salaries compare to similar careers?
Underwriters earn about the same as related careers in Alabama. On average, they make less than loan officers but more than stock traders.
| Career | Median Salary |
|---|---|
| Loan officer salary | $67K |
| Auditor salary | $75K |
| Accountant salary | $75K |
| Statistician salary | $76K |
| Cost estimator salary | $75K |
| Underwriter salary | $62K |
| Consultant salary | $72K |
| Market research analyst salary | $60K |
| Securities and commodities broker salary | $49K |
| Stock trader salary | $49K |
Source: CareerExplorer (Aggregated)