Underwriter Manager

Underwriter Manager Salary in Minnesota

$47K

$97.9K

$155.2K

$100,960

/year

$48.54

/hour

Underwriter Manager Salary Comparison by Location

Nationwide

United States

$103,082

Minnesota

Minnesota

$100,960

    Do you get a good deal as an Underwriter Manager?

    Take The Breakroom Quiz to find out if your job offers fair pay and conditions. The 3-minute quiz lets you compare your pay, hours, benefits, and more.

    Take The Breakroom Quiz

    Breakroom banner

    How much does an Underwriter Manager make in Minnesota?

    As of May 28, 2026, the average annual pay for an Underwriter Manager in Minnesota is $100,960 a year.

    Just in case you need a simple salary calculator, that works out to be approximately $48.54 an hour. This is the equivalent of $1,941/week or $8,413/month.

    While ZipRecruiter is seeing salaries as high as $155,237 and as low as $47,012, the majority of Underwriter Manager salaries currently range between $75,400 (25th percentile) to $118,500 (75th percentile) with top earners (90th percentile) making $135,648 annually in Minnesota. The average pay range for an Underwriter Manager varies greatly (by as much as 43100), which suggests there may be many opportunities for advancement and increased pay based on skill level, location and years of experience.

    Minnesota ranks number 50 out of 50 states nationwide for Underwriter Manager salaries.

    To estimate the most accurate annual salary range for Underwriter Manager jobs, ZipRecruiter continuously scans its database of millions of active jobs published locally throughout America.

    Find your next high paying job as an Underwriter Manager on ZipRecruiter today.

    What are Top 10 Highest Paying Cities for Underwriter Manager Jobs in Minnesota

    We've identified 10 cities where the typical salary for an Underwriter Manager job is above the average in Minnesota in Minnesota. Topping the list is Rosemount, , with Shakopee, and Savage, close behind in the second and third positions. Savage, beats the average in Minnesota by $8,997 (8.9%), and Rosemount, furthers that trend with another $29,826 (29.5%) above the $100,960 average.

    With these 10 cities paying on average above the average for Minnesota, the opportunities for economic advancement by changing locations as an Underwriter Manager appears to be exceedingly fruitful.

    However, another factor to consider is the average salary for these top 10 cities varies modestly at 20% between Rosemount, and Edina, , suggesting it may be difficult to see much positive wage advancement. The possibility of a lower cost of living may help determine the balance between location and salary for an Underwriter Manager role.

    City

    Annual Salary

    Hourly Wage

    Rosemount

    $130,786

    $62.88

    Shakopee

    $110,187

    $52.97

    Savage

    $109,957

    $52.86

    Saint Paul

    $109,118

    $52.46

    Minneapolis

    $107,597

    $51.73

    Woodbury

    $107,055

    $51.47

    Shoreview

    $107,015

    $51.45

    Lakeville

    $106,757

    $51.33

    Blaine

    $106,740

    $51.32

    Edina

    $106,615

    $51.26

    What are Top 5 Best Paying Related Underwriter Manager Jobs in Minnesota

    Analyzing similar jobs related to the Underwriter Manager job category in Minnesota, we found 5 that were relevant. However, none pay more than the $100960 state average for Underwriter Manager jobs.

    Job Title

    Annual Salary

    Hourly Wage

    Bank General Counsel

    $148,521

    $71.40

    Bank Portfolio Manager

    $98,390

    $47.30

    Banker Analyst

    $95,649

    $45.99

    Corporate Banking Analyst

    $76,177

    $36.62

    Citizens Banker

    $40,454

    $19.45

    About Our Data

    ZipRecruiter salary estimates, histograms, trends and comparisons are derived from both employer job postings and third party data sources.

    Infographic detailing Underwriter Manager salary in Minnesota as of May 2026. Shows a bar chart with salary percentiles ranging from $75,400 to $135,648 annually, with the Minnesota average at $100,960 per year or $48.54 per hour. Includes a list of the top 10 highest paying cities in Minnesota for Underwriter Manager jobs, with Rosemount leading at $130,786 annually.