$62,000
Avg. Salary
$22.07
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 in Portland, Oregon is $22.07 per hour.

The average pay for an Insurance Underwriter, Commercial Property in Portland, Oregon is $62,000 per year.

10%
$0.00
10%
$22.07
50%
$0.00
90%
90%
MEDIAN $22.07
10%
$46k
10%
$62k
50%
$68k
90%
90%
MEDIAN $62,000
$45,845 - $68,163
$62K
MEDIAN: $62,000
50%

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$0$75K
Salary $62,000
Bonus $5,855
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).
)
$44,100 - $75,501
  • Country: United States
  • Currency: USD
  • Updated: 14 Mar 2019
  • Individuals Reporting: 8

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.

About Portland, Oregon

Multnomah County, Oregon
632,187
Male:
313,516 (49.6%)
Female:
318,671 (50.4%)
Portland (/ˈpɔːrtlənd/) is the largest city in the U.S. state of Oregon and the seat of Multnomah County. It is located in the Willamette Valley region of the Pacific Northwest, at the confluence of the Willamette and Columbia Rivers. The city covers 145 square miles (380 square kilometers) and had an estimated population of 632,309 in 2015, making it the 26th most populous city in the United States. Approximately 2,389,228 people live in the Portland metropolitan statistical area (MSA), the 23rd most populous MSA in the United States. Its Combined Statistical Area (CSA) ranks 17th with a population of 3,022,178. Roughly 60% of Oregon's population resides within the Portland metropolitan area. Named after the city on the coast of Maine, the Oregon settlement began to be populated in the 1830s near the end of the Oregon Trail. Its water access provided convenient transportation of goods, and the timber industry was a...
Portland:
$60,892
Oregon:
$54,148
$1,047
Portland:
$348,300
Oregon:
$264,100
4.5%

Insurance Underwriter, Commercial Property Job Listings

Key Stats for Insurance Underwriter, Commercial Property

Gender

Female
33 %
Male
67 %
1-4 years
40%
5-9 years
20%
10-19 years
40%

Gender

Female
33 %
Male
67 %

Years of Experience

1-4 years
40%
5-9 years
20%
10-19 years
40%

Common Health Benefits

medical benefits
Medical: 100%
dental benefits
Dental: 50%
vision benefits
Vision: 50%
no benefits
None: