The average salary for an Insurance Underwriter, Healthcare is $50,118 per year. Most people with this job move on to other positions after 20 years in this field. A skill in Data Analysis is associated with high pay for this job.
Insurance Underwriter, Healthcare Total Pay (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$36,778 - $77,290
(Median)
37K
50K
59K
77K
MEDIAN: $50,117
10%
50%
75%
90%
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Insurance Underwriter, Healthcare Total Pay (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$14.74 - $24.73
(Median)
15
19
23
MEDIAN: $19.00
10%
50%
75%
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National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$27K$54K$81K
Salary
$36,778 - $77,290  
   
Bonus
$513 - $7,615  
Profit Sharing
$1,000 - $2,023  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$35,732 - $80,769  
PayScale
Country: United States | Currency: USD | Updated: 16 Apr 2014 | Individuals Reporting: 188
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$14$28$42
Hourly Rate
$14.74 - $24.73  
   
Overtime
$28.90 - $34.46  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$28K$56K$84K
Bonus
$513 - $7,615  
   
Profit Sharing
$1,000 - $2,023  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$35,732 - $80,769  
PayScale
Country: United States | Currency: USD | Updated: 16 Apr 2014 | Individuals Reporting: 188
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Job Description for Insurance Underwriter, Healthcare
  • Manage underwriting territory and select new business based on analysis of their profitability.
  • Analyze new and renewal business, data, claim history, loss experience, and outcome of liability decisions.
  • Underwrite, submit, approve or pend loans, and present decisions to management.
  • Monitor existing policies for compliance with company guidelines.
Pay by Experience Level for Insurance Underwriter, Healthcare
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Related Job Salaries

Experience Affects Insurance Underwriter, Healthcare Salaries

Late-Career
up arrow 80%
Experienced
up arrow 8%
Mid-Career
up arrow 3%
National Average
$51,000
Entry-Level
up arrow 8%
Job Satisfaction
Highly satisfied Image
Highly satisfied
Rated 4 out of 5 based on 47 votes.
Gender
Female
58%
female alumni
 
Male
42%
male alumni
Years of Experience
Less than 1 year
11%
1-4 years
37%
5-9 years
23%
10-19 years
22%
20 years or more
8%
Common Health Benefits
medical benefits Medical: 90% dental benefits Dental: 87%
vision benefits Vision: 63% employee benefits None: 7%
Find Out Exactly What You Should Be Paid
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