Mga Program Underwriter information
See salary details
$32.5K - $42.2K
5% of jobs
$60.6K is the 25th percentile. Wages below this are outliers.
$52K - $61.7K
12% of jobs
$61.7K - $71.4K
20% of jobs
The median wage is $74.5K / yr.
$71.4K - $81.1K
12% of jobs
$87.7K is the 75th percentile. Wages above this are outliers.
$81.1K - $90.9K
25% of jobs
$90.9K - $100.6K
7% of jobs
$100.6K - $110.3K
3% of jobs
$110.3K - $120K
2% of jobs
$120K - $129.8K
2% of jobs
$129.8K - $139.5K
2% of jobs
How much do mga program underwriter jobs pay per year?
As of Sep 15, 2026, the average yearly pay for mga program underwriter in the United States is $78,878.00, according to ZipRecruiter salary data. Most workers in this role earn between $61,000.00 and $87,000.00 per year, depending on experience, location, and employer.
Mga Program Underwriters are insurance professionals who evaluate, assess, and approve risks for insurance policies within Managing General Agent (MGA) programs. They work with MGAs to determine which risks should be accepted, how policies should be priced, and what coverage terms should apply. Their expertise helps ensure that insurance programs are profitable and compliant with regulations. They often collaborate with agents, brokers, and insurance carriers to tailor insurance solutions for specific industries or groups.
To thrive as a Program Underwriter, you need a solid background in risk assessment, insurance principles, and underwriting guidelines, usually supported by a degree in finance, business, or a related field. Familiarity with underwriting software, insurance databases, and relevant certifications such as CPCU or AU are typically required. Strong analytical thinking, negotiation skills, and attention to detail help Program Underwriters excel in evaluating and managing complex risk portfolios. These skills and qualifications are essential for making sound underwriting decisions that balance risk and profitability for insurers.
Mga Program Underwriters often manage several insurance programs at once, which can be challenging due to varying risk profiles, client expectations, and regulatory requirements for each program. Balancing these responsibilities requires strong organizational skills and effective communication with both internal teams and external partners. Staying current on market trends and underwriting guidelines is essential to ensure accuracy and profitability across all programs. Collaboration with claims, actuarial, and sales teams is frequent, making adaptability and teamwork crucial for success in this role.
What are popular job titles related to Mga Program Underwriter jobs?
For Mga Program Underwriter jobs, the most frequently searched job titles are:
