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Commercial Property Insurance Underwriter Salary in Lincoln Park, MI
How much does a Commercial Property Insurance Underwriter make in Lincoln Park, MI?
$90,885 (USD)/year
Average Bonus
$3,481 (USD)
per Year
Total Compensation
$93,204.90
Entry Level
$64,629
Median
$89,724
Senior Level
$102,969
As of July, 23, 2026, the average commercial property insurance underwriter gross salary in Lincoln Park, Michigan is $90,885 or an equivalent hourly rate of $44. In addition, commercial property insurance underwriters earn an average bonus of $3,481. An entry level commercial property insurance underwriter with 1-3 years of experience earns an average salary of $64,629. At the higher end of the pay range, a senior level commercial property insurance underwriter with 8+ years of experience earns an average salary of $102,969. Salary estimates are based on salary survey data collected directly from employers in Lincoln Park, Michigan.
Data powered by ERI
Salary Potential for a Commercial Property Insurance Underwriter
Explore the estimated salary growth for a Commercial Property Insurance Underwriter in Lincoln Park, MI for up to 5 years. The estimated salary of a Commercial Property Insurance Underwriter will be $93,230 in 1 year and $103,232 in 5 years.
View Salary by Year
Estimated Salary
$95,636
Average Growth
5.2 %
The estimated salary for a Commercial Property Insurance Underwriter in 2 years is $95,636, which is 5.2 % average growth. This information is based on ERI's compensation database.
Typical Commercial Property Insurance Underwriter Education
This chart displays the highest level of education for Commercial Property Insurance Underwriters.
- 0% of Commercial Property Insurance Underwriters have less than a High School Diploma
- 10% of Commercial Property Insurance Underwriters have a High School Diploma
- 3% of Commercial Property Insurance Underwriters have an Associate's Degree
- 87% of Commercial Property Insurance Underwriters have a Bachelor's Degree
- 0% of Commercial Property Insurance Underwriters have a Master's Degree
- 0% of Commercial Property Insurance Underwriters have a Doctorate Degree
The typical field of study for a Commercial Property Insurance Underwriter is Insurance.
See how education can impact your salaryPopular Skills for a Commercial Property Insurance Underwriter
Ascertains possibility
100%
Audits company
100%
These are the most popular skills for Commercial Property Insurance Underwriters. About 100% of Commercial Property Insurance Underwriters have a skill in Ascertains possibility.
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Commercial Property Insurance Underwriter Salaries in Other Locations
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View moreCost of Living in Lincoln Park, MI
The cost of living in Lincoln Park, MI is 5% lower than the national average.
5% lower
than the national average
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Frequently Asked Questions
What does a Commercial Property Insurance Underwriter do?
Examines individual applications for commercial property insurance to evaluate degree of risk involved and accepts applications, following company's underwriting policies. Checks such documents as application form, inspection report, insurance maps, and medical reports to determine degree of risk from such factors as applicant's financial standing, age, occupation, accident experience, and value and condition of real property.
How much does a Commercial Property Insurance Underwriter make in Lincoln Park, MI?
The average salary for a Commercial Property Insurance Underwriter is $90,885 per year or $43.69 per hour in Lincoln Park, MI. Top earners have reported making up to $102,969. However, the typical pay range in Lincoln Park, MI is between $64,629 and $102,969 annually.
What is the salary trajectory for a Commercial Property Insurance Underwriter?
Commercial Property Insurance Underwriter is projected to see a 13.6 % salary change in 5 years.
How can you increase your salary?
Increasing your salary often starts with understanding your value in today’s job market. You can increase your earning potential by building your skills, advancing your education, moving into a new role or industry, switching companies, or negotiating pay.
How can you negotiate a salary offer?
Negotiating a salary offer involves preparation and finding our your market value. Use our salary calculator to find out how much you should be paid based on what someone in your area, with similar experience, earns. Use this personalized report to help negotiate a higher salary offer or find your dream career.
What are some factors that impact Commercial Property Insurance Underwriter salaries?
Several factors can impact your salary, including experience, company size, job market, location, industry, and more. Understanding how these factors affect your role can help you spot pay gaps and provide opportunities for a competitive salary.
About Our Data
This page is an excerpt of the much more complete compensation information available in ERI's Assessor Series.
ERI compiles the most robust and accurate salary, cost-of-living, and executive compensation survey database available. Data are analyzed using AI and traditional statistics, depending on which approach is best for a particular application. ERI collects salary survey data from five different sources, which you can learn about here.
Verified Sources
Data sourced from internal salary surveys, purchased surveys, public sources, HRIS data, and proprietary databases.
Real-Time Data
Our salary database is updated and verified approximately every six weeks.
Quality Assurance
Along with our data scientists, we have included AI in our rigorous process to analyze and provide the highest quality data.
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