The average salary for a underwriter in Arizona is around $77,740 per year.
Avg Salary
Underwriters earn an average yearly salary of $77,740.
Wages typically start from $57,770 and go up to $127,450.
27% above national average Updated in 2025
Underwriter earnings by seniority
90th percentile
Top-level underwriter earnings begin at:
$61.27 per hour
$127,450 per year
75th percentile
Senior-level underwriter earnings begin at:
$48.75 per hour
$101,390 per year
50th percentile
Mid-level underwriter earnings begin at:
$37.38 per hour
$77,740 per year
25th percentile
Junior-level underwriter earnings begin at:
$30.11 per hour
$62,630 per year
10th percentile
Starting level underwriter earnings begin at:
$27.78 per hour
$57,770 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 Arizona. On average, they make less than risk management specialists but more than market research analysts.
| Career | Median Salary |
|---|---|
| Risk management specialist salary | $81K |
| Revenue agent salary | $93K |
| Auditor salary | $80K |
| Accountant salary | $80K |
| Budget analyst salary | $85K |
| Underwriter salary | $78K |
| Credit analyst salary | $77K |
| Insurance appraiser salary | $86K |
| Cost estimator salary | $77K |
| Market research analyst salary | $72K |
Source: CareerExplorer (Aggregated)