Insurance Underwriter with Commercial Skills Salary
For Insurance Underwriters with Commercial skills, annual average wages total $57K per year. In the world of Insurance Underwriters with Commercial skills, total cash compensation can vary between $41K and $90K. Each package generally includes bonuses and profit sharing proceeds, and in exceptional cases, those amounts can reach heights of $15K and $14K, respectively. Location and tenure each impact pay for this group, with the former having the largest influence. Almost all enjoy medical while a fair number get dental coverage. Vision coverage is also available to more than half. The majority of workers are highly satisfied with their job. Women Insurance Underwriters with Commercial skills who took the survey just slightly outnumber men. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.
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Pay by Experience Level for Insurance Underwriter
Median of all compensation (including tips, bonus, and overtime) by years of experience.
For Insurance Underwriters with Commercial skills, more experience in the field does not usually mean bigger paychecks. The average worker who claims fewer than five years of experience earns around $52K. In contrast, however, individuals who report five to 10 years in this occupation see a much larger median of $59K. For Insurance Underwriters with Commercial skills, 10 to 20 years of experience on the job amounts to an average salary of $63K. As Insurance Underwriters with Commercial skills reach more than two decades on the job, compensation remains commensurate with experience; the average pay in this group is $71K.