What is the average salary of Bank of America Underwriter?
Bank of America Underwriters earn $55,000 annually, or $26 per hour, which is equal to the national average for all Underwriters at $55,000 annually and 18% lower than the national salary average for all working Americans. The highest paid Underwriters work for Quick Loan Funding at $100,000 annually and the lowest paid Underwriters work for Direct Auto Insurance at $19,000 annually.
"In my opinion, Bank of America pays its employees well. I started with a base salary of $48,000, but with monthly and yearly bonuses and incentives I make about $55,000 a year. There is also an opportunity for a raise every year. I really enjoyed the monthly bonuses because they helped drive my performance goals and made work more satisfying/fulfilling."
Posted 10 years ago in Denver, CO
$45KRenton, WAUnderwriter Average Salary at Bank of America·
-$10K (20%) less than national average Underwriter salary ($55K)
Equal to average Bank of America salary ($45K)
"We were underpaid at Bank of America."
$55KDenver, COUnderwriter Average Salary at Bank of America·
Equal to national average Underwriter salary ($55K)
+$10K (20%) more than average Bank of America salary ($45K)
"In my opinion, Bank of America pays its employees well. I started with a base salary of $48,000, but with monthly and yearly bonuses and incentives I make about $55,000 a year. There is also an opportunity for a raise every year. I really enjoyed the monthly bonuses because they helped drive my performance goals and made work more satisfying/fulfilling."
$68KDallas, TXUnderwriter Average Salary at Bank of America·
+$13K (21%) more than national average Underwriter salary ($55K)
+$23K (40%) more than average Bank of America salary ($45K)
"I feel the compensation was directly where it needed to be based on my workload and requirements for complete my daily tasks."
$45KMontgomery, ALUnderwriter Average Salary at Bank of America(2 salaries)
-$10K (20%) less than national average Underwriter salary ($55K)
Equal to average Bank of America salary ($45K)
$50K
$100K
$150K
$40K
Bank of America Underwriter
in Montgomery, AL·
-$15K (31%) less than average Bank of America Underwriter salary ($55K)
$50K
Bank of America Underwriter
in Montgomery, AL·
-$5K (9%) less than average Bank of America Underwriter salary ($55K)
$45KFresno, CAUnderwriter Average Salary at Bank of America·
-$10K (20%) less than national average Underwriter salary ($55K)