€31,684
Avg. Salary
Avg. Hourly Rate
Help us gather more data! Is Insurance Underwriter, Commercial Property your job title? Find out what you're worth.

The average pay for an Insurance Underwriter, Commercial Property is {{pay}} per hour.

The average pay for an Insurance Underwriter, Commercial Property is €31,684 per year.

€0.00
10%
€0.00
50%
€0.00
90%
MEDIAN €0.00
€24k
10%
€32k
50%
€81k
90%
MEDIAN €31,684
€23,577 - €80,511
€24K
€32K
€81K
MEDIAN: €31,684
10%
50%
90%
€0€90K
Salary €23,577 - €80,511
Bonus €2,397
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).
)
€23,940 - €90,226
  • Country: Ireland
  • Currency: EUR
  • Updated: 17 Feb 2019
  • Individuals Reporting: 15

Job Description for Insurance Underwriter, Commercial Property

The essential function of a insurance underwriters for commercial properties is to determine risk factors and then write and present policies to agencies, using critical thinking skills to improve client retention. Generally, the underwriter holds a full-time position that requires a bachelor's degree in a relevant field. They need excellent knowledge of relevant laws and statutes pertaining to the insurance offerings. Many companies have a set of standards in place related to underwriting that must be strictly followed. For this reason, insurance underwriters for commercial properties must be detail-oriented and need to document all information and processes.

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Insurance Underwriter, Commercial Property Tasks
  • Analyze new and renewal business, data, claim history, loss experience, and outcome of liability decisions.
  • Underwrite, submit, approve or pend coverage amounts and premiums, and present decisions to management.
  • Monitor existing policies for compliance with company guidelines.
  • Manage underwriting territory and select new business based on analysis of their profitability.

Insurance Underwriter, Commercial Property Pay By Employer

$0$110K

$60,994

$51,690

$50,497

$93,100

$69,339

Insurance Underwriter, Commercial Property Job Listings

Pay Difference by Location

23%

National Average: €31,684

Larger city markers indicate a job is popular in that location.

Key Stats for Insurance Underwriter, Commercial Property

Gender

Female
50 %
Male
50 %
Less than 1 year
7%
1-4 years
27%
5-9 years
40%
10-19 years
13%
20 years or more
13%

Gender

Female
50 %
Male
50 %

Years of Experience

Less than 1 year
7%
1-4 years
27%
5-9 years
40%
10-19 years
13%
20 years or more
13%

Common Health Benefits

medical benefits
Medical: 11%
dental benefits
Dental: 11%
vision benefits
Vision:
no benefits
None: 89%