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Underwriter Manager Salary Jobs (NOW HIRING)

Burns & Wilcox

Associate Underwriter

San Jose, CA · On-site

$60K - $80K/yr

Manage relationships with retail agents and follow up on any outstanding information needed to ... Salary range $60,000-$80,000/Annually * Employer paid continuing education courses and designations ...

Burns & Wilcox

Associate Underwriter

San Mateo, CA · On-site

$60K - $80K/yr

Manage relationships with retail agents and follow up on any outstanding information needed to ... Salary range $60,000-$80,000/Annually * Employer paid continuing education courses and designations ...

Burns & Wilcox

Associate Underwriter

Sunnyvale, CA · On-site

$60K - $80K/yr

Manage relationships with retail agents and follow up on any outstanding information needed to ... Salary range $60,000-$80,000/Annually * Employer paid continuing education courses and designations ...

Burns & Wilcox

Associate Underwriter

Centennial, CO · On-site

$60K - $80K/yr

Manage relationships with retail agents and follow up on any outstanding information needed to ... Competitive compensation. Base salary range of $60,000-$80,000. * Employer paid continuing ...

Burns & Wilcox

Associate Underwriter

Hayward, CA · On-site

$60K - $80K/yr

Manage relationships with retail agents and follow up on any outstanding information needed to ... Salary range $60,000-$80,000/Annually * Employer paid continuing education courses and designations ...

Burns & Wilcox

Associate Underwriter

Santa Rosa, CA · On-site

$60K - $80K/yr

Manage relationships with retail agents and follow up on any outstanding information needed to ... Salary range $60,000-$80,000/Annually * Employer paid continuing education courses and designations ...

Burns & Wilcox

Associate Underwriter

Salt Lake City, UT · On-site

$60K - $80K/yr

Manage relationships with retail agents and follow up on any outstanding information needed to ... Competitive compensation. Base salary range of $60,000-$80,000. * Employer paid continuing ...

Burns & Wilcox

Associate Underwriter

Alameda, CA · On-site

$60K - $80K/yr

Manage relationships with retail agents and follow up on any outstanding information needed to ... Salary range $60,000-$80,000/Annually * Employer paid continuing education courses and designations ...

Burns & Wilcox

Associate Underwriter

Sonoma, CA · On-site

$60K - $80K/yr

Manage relationships with retail agents and follow up on any outstanding information needed to ... Salary range $60,000-$80,000/Annually * Employer paid continuing education courses and designations ...

Burns & Wilcox

Associate Underwriter

Fremont, CA · On-site

$60K - $80K/yr

Manage relationships with retail agents and follow up on any outstanding information needed to ... Salary range $60,000-$80,000/Annually * Employer paid continuing education courses and designations ...

Burns & Wilcox

Associate Underwriter

Fresno, CA · On-site

$60K - $75K/yr

Manage relationships with retail agents and follow up on any outstanding information needed to ... Competitive compensation. Base salary range of $60,000-$75,000. * Employer paid continuing ...

Burns & Wilcox

Associate Underwriter

San Francisco, CA · On-site

$60K - $80K/yr

Manage relationships with retail agents and follow up on any outstanding information needed to ... Salary range $60,000-$80,000/Annually * Employer paid continuing education courses and designations ...

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Underwriter Manager Salary information

See salary details

$48K

$103.1K

$158.5K

How much do underwriter manager salary jobs pay per year?

As of Aug 7, 2026, the average yearly pay for underwriter manager salary in the United States is $103,082.00, according to ZipRecruiter salary data. Most workers in this role earn between $77,000.00 and $121,000.00 per year, depending on experience, location, and employer.

What is the average salary for an underwriter manager?

The average salary for an Underwriter Manager in the United States typically ranges between $95,000 and $135,000 per year, depending on factors such as location, industry, years of experience, and company size. In addition to base salary, many Underwriter Managers are eligible for bonuses and other benefits, which can increase total compensation. Metropolitan areas and certain industries, such as finance and insurance, may offer higher salaries than the national average.

What are the main challenges underwriter managers face in leading underwriting teams?

Underwriter Managers often encounter challenges balancing productivity targets with maintaining high-quality risk assessments. They are responsible for coaching and supporting underwriters, ensuring adherence to company guidelines while adapting to changing regulations and market conditions. Managing workflow, fostering collaboration among team members, and handling complex or escalated cases are also common aspects of the role. Effective communication and ongoing professional development are key to overcoming these challenges and ensuring team success.

What is the difference between Underwriter Manager Salary vs Underwriter Salary?

AspectUnderwriter ManagerUnderwriter
Required CredentialsBachelor's degree, industry certifications, leadership experienceBachelor's degree, industry certifications
Work EnvironmentSupervisory role, team management, strategic planningAnalyzing risks, assessing applications, detailed review
Employer & Industry UsageInsurance companies, financial institutionsInsurance firms, lending institutions

The Underwriter Manager typically earns a higher salary due to leadership responsibilities, strategic oversight, and management duties. While both roles require similar credentials, the manager's position involves supervising teams and making higher-level decisions, which is reflected in compensation differences.

What does an underwriter manager do?

An underwriter manager oversees the underwriting process, evaluating and approving insurance applications to assess risk and determine policy terms. They supervise underwriters, develop underwriting guidelines, and ensure compliance with company policies, often using specialized software and requiring strong analytical skills. The role typically involves leadership, decision-making, and industry knowledge to manage team performance and maintain profitability.

What are the key skills and qualifications needed to thrive as an underwriter manager, and why are they important?

To thrive as an Underwriting Manager, you need deep expertise in risk assessment, strong analytical abilities, and a background in finance or insurance, typically supported by a bachelor's degree in a related field. Proficiency with underwriting software, risk modeling tools, and knowledge of regulatory compliance systems is essential. Leadership, decision-making, and effective communication are crucial soft skills for managing teams and collaborating with stakeholders. These skills ensure accurate risk evaluation, regulatory adherence, and the effective management of underwriting operations.
More about Underwriter Manager Salary jobs
What cities are hiring for Underwriter Manager Salary jobs? Cities with the most Underwriter Manager Salary job openings:
What are the most commonly searched types of Underwriter Salary jobs? The most popular types of Underwriter Salary jobs are:
What states have the most Underwriter Manager Salary jobs? States with the most job openings for Underwriter Manager Salary jobs include:
What job categories do people searching Underwriter Manager Salary jobs look for? The top searched job categories for Underwriter Manager Salary jobs are:
Underwriter Manager Salary jobs near you
Infographic showing various Underwriter Manager Salary job openings in the United States as of August 2026, with employment types broken down into 88% Full Time, 11% Part Time, and 1% Contract. Highlights an 85% Physical, 2% Hybrid, and 13% Remote job distribution, with an average salary of $103,082 per year, or $49.6 per hour.

Underwriter, Manager (Non-QM)

Cake Mortgage Corp

Chatsworth, CA • On-site

$120K/yr

Full-time

Re-posted 26 days ago

Job description

CAKE Mortgage is a cutting-edge wholesale mortgage lender specializing in Non-QM products. We're redefining the lending experience with innovative programs, streamlined processes, and a commitment to speed and precision. As we grow, we're looking for forward-thinking professionals who thrive in fast-paced, collaborative environments.
We are seeking an experienced Mortgage Underwriter, Manager to lead our underwriting team. The ideal candidate will have deep knowledge of Non-QM products, strong analytical skills, and proven leadership experience. This role involves overseeing daily underwriting operations, ensuring compliance with company and investor guidelines, mentoring underwriters, and driving continuous improvement in underwriting quality and efficiency.
Key Responsibilities
  • Manage and lead a team of mortgage underwriters, providing coaching, training, and performance feedback.
  • Oversee the underwriting process to ensure accuracy, consistency, and adherence to company, investor, and regulatory guidelines.
  • Review and approve complex or high-risk loan files, including income documentation, creditworthiness, asset verification, and property valuations.
  • Monitor pipeline reports, workflow, and SLAs to ensure timely turn times and service levels are met or exceeded.
  • Collaborate with internal departments (sales, processing, funding, QC, and compliance) to resolve issues and improve loan quality.
  • Serve as the subject matter expert (SME) for Non-QM products, including bank statement loans, asset depletion, DSCR, and other alternative documentation loans.
  • Ensure all underwriting decisions are well-documented and meet internal audit and investor standards.
  • Conduct regular file audits and quality reviews to maintain compliance and reduce repurchase risk.
  • Identify training needs and coordinate with training departments to implement necessary upskilling for the underwriting team.
  • Stay updated on industry trends, guideline changes, and regulatory developments affecting Non-QM lending.

Requirements
  • Minimum 5 years of mortgage underwriting experience.
  • 2+ years in a leadership or managerial role overseeing underwriters.
  • 3+ years direct Non-QM experience.
  • Proficient in analyzing income sources (bank statements, P&L, asset depletion, DSCR, etc.).
  • Strong understanding of mortgage credit risk, fraud detection, and regulatory compliance.
  • Working knowledge of LOS system, Encompass.
  • Excellent communication, organizational, and problem-solving skills.
  • Ability to manage remote teams and multiple priorities in a fast-paced environment.

  • Why Join CAKE Mortgage?
  • Be part of a fast-growing company changing the game in Non-QM.
  • Competitive compensation and performance-based bonuses.
  • Collaborative and entrepreneurial culture.
  • Opportunities for career advancement and innovation.

Cake Mortgage does not tolerate discrimination of any type. Cake Mortgage offers equal employment opportunity to all qualified persons without regard to race, age, color, religion, sex/gender, gender identity, sexual orientation, marital status, medical condition, military or veteran status, national origin, ancestry, disability, or any other considerations made unlawful by Federal, State, or Local law. Cake Mortgage provides eligible and qualified employees with opportunities to advance. Cake Mortgage is an at will employer. Cake Mortgage is committed to providing employees with a work environment free of discrimination and harassment.
Salary Description
$120,000.00 +

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