$73,206
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 in Hartford, Connecticut is {{pay}} per hour.

The average pay for an Insurance Underwriter, Commercial Property in Hartford, Connecticut is $73,206 per year.

10%
$0.00
10%
$0.00
50%
$0.00
90%
90%
MEDIAN $0.00
10%
$56k
10%
$73k
50%
$80k
90%
90%
MEDIAN $73,206

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 Hartford, Connecticut

Hartford County, Connecticut
124,014
Male:
58,042 (46.8%)
Female:
65,972 (53.2%)
Hartford is the capital of Connecticut and the historic seat of Hartford County until Connecticut disbanded county government in 1960. As of the 2010 Census, Hartford's population was 124,775, making it Connecticut's third-largest city after the coastal cities of Bridgeport and New Haven. Census Bureau estimates since then have indicated Hartford's subsequent fall to fourth place statewide as a result of sustained population growth in the coastal city of Stamford. Nicknamed the "Insurance Capital of the World", Hartford houses many insurance company headquarters, and insurance remains the region's major industry. Founded in 1635, Hartford is among the oldest cities in the United States. Hartford is home to the nation's oldest public art museum, the Wadsworth Atheneum; the oldest publicly funded park, Bushnell Park; the oldest continuously published newspaper, The Hartford Courant; the second-oldest secondary school, Hartford Public; Trinity College, an elite, private liberal arts college,...
Hartford:
$34,240
Connecticut:
$71,346
$952
Hartford:
$159,200
Connecticut:
$270,900
9.9%

Insurance Underwriter, Commercial Property Job Listings

Key Stats for Insurance Underwriter, Commercial Property

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

Years of Experience

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

Common Health Benefits

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