Lead Underwriting Analyst Salary.
Across 81 U.S. cities.
$108,000
national median salary
$84,000 to $140,000. Last updated April 2026.
Highest Paying
$152,000
San Jose, CA
Best Purchasing Power
$113,000
Austin, TX
Lowest Paying
$84,000
Jackson, MS
Salary data sourced from SEC filings, H-1B Labor Condition Applications (DOL), Bureau of Labor Statistics Occupational Employment and Wage Statistics, and aggregated job postings across 50+ platforms. Ranges reflect 25th to 75th percentile for full-time positions. Cost-of-living adjustments use Bureau of Economic Analysis Regional Price Parities (2025 index). Last updated April 2026. Baseline derived from BLS SOC 11-9199. Full methodology.
The average Lead Underwriting Analyst salary in the United States is $108,000 in 2026, with the full range spanning $84,000 at the 25th percentile to $140,000 at the 75th. San Jose pays the most at $152,000, while Austin offers the best purchasing power after cost-of-living adjustments. Lead Underwriting Analyst compensation is driven by domain specialization, SQL and statistical depth, and the financial or operational impact of insights delivered.
Lead Underwriting Analyst salary by city
Skills that increase Lead Underwriting Analyst pay
The skills below command measurable salary premiums for Lead Underwriting Analysts based on job posting data. Learning the top skill here could add $15,120 to your annual compensation.
≈ +$15,120 per year
≈ +$14,040 per year
≈ +$12,960 per year
≈ +$11,880 per year
≈ +$11,880 per year
≈ +$10,800 per year
≈ +$10,800 per year
≈ +$9,720 per year
What you should know
Lead Underwriting Analyst compensation is driven by domain specialization, SQL and statistical depth, and the financial or operational impact of insights delivered. Base salary carries most of the total compensation, with bonuses adding roughly 8% in a typical year. At the mid-management level, the scope of the organization under management ($10M budget vs $100M+) drives the largest compensation variance.
Lead Underwriting Analysts progress from junior to senior in 4 to 6 years, with lead and manager levels typically requiring 8+ years and a demonstrated track record of influencing business decisions with data. For Lead Underwriting Analysts specifically, the seniority anchor typically means 7 to 12 years of experience with demonstrated independent scope.
Total compensation for Lead Underwriting Analysts runs roughly $117K at median when factoring base + typical bonus (~8% of base). Base salary carries most of the compensation; benefits (healthcare, 401(k) match, PTO) add an estimated 15–25% in imputed value on top. At management levels, variable compensation (bonus + LTIP) grows as a share of total — expect 30–50% variable at director and 50%+ variable at VP and above.
Total compensation breakdown
Salary by company size
Remote salary adjustment
Remote Lead Underwriting Analysts typically earn $97,000 (10% less than on-site). This reflects location-adjusted pay policies at companies using geographic salary bands. Some companies pay flat national rates regardless of location.
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