$49,910
Avg. Salary
Avg. Hourly Rate

Average additional compensation:

$800

Bonus

$3,250

Profit Sharing

What am I worth?
How should I pay?

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

The average pay for an Insurance Underwriter, Commercial Property in Des Moines, Iowa is $49,910 per year.

10%
$0.00
10%
$0.00
50%
$0.00
90%
90%
MEDIAN $0.00
10%
$37k
10%
$50k
50%
$64k
90%
90%
MEDIAN $49,910
$37,405 - $64,221
$37K
$50K
$64K
MEDIAN: $49,910
10%
50%
90%

Add this chart to your site: 640px    300px

$0$64K
Salary $37,405 - $64,221
Bonus $800
Profit Sharing $3,250
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).
)
$37,972 - $63,984
  • Country: United States
  • Currency: USD
  • Updated: 23 Mar 2019
  • Individuals Reporting: 13

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.

Read More...
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 Des Moines, Iowa

Polk County, Iowa
210,317
Male:
103,726 (49.3%)
Female:
106,591 (50.7%)
Des Moines /dᵻˈmɔɪn/ is the capital and the most populous city in the U.S. state of Iowa. It is also the county seat of Polk County. A small portion of the city extends into Warren County. It was incorporated on September 22, 1851, as Fort Des Moines, which was shortened to "Des Moines" in 1857. It is located on and named after the Des Moines River, which likely was adapted from the French colonial name, Rivière des Moines, meaning "River of the Monks." The city's population was 203,433 as of the 2010 census. The five-county metropolitan area is ranked 91st in terms of population in the United States with 599,789 residents according to the 2013 estimate by the United States Census Bureau. Des Moines is a major center of the U.S. insurance industry and has a sizable financial services and publishing business base. The city was credited as the "number one...
Des Moines:
$49,072
Iowa:
$54,736
$781
Des Moines:
$119,500
Iowa:
$136,100
5.3%

Insurance Underwriter, Commercial Property Job Listings

Key Stats for Insurance Underwriter, Commercial Property

Gender

Female
29 %
Male
71 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 4 votes.
Less than 1 year
7%
1-4 years
79%
10-19 years
14%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 4 votes.

Gender

Female
29 %
Male
71 %

Years of Experience

Less than 1 year
7%
1-4 years
79%
10-19 years
14%

Common Health Benefits

medical benefits
Medical: 90%
dental benefits
Dental: 80%
vision benefits
Vision: 70%
no benefits
None: 10%