Average Insurance Underwriter Salary

$59,907
Avg. Base Salary (USD)
10%
$43k
MEDIAN
$60k
90%
$85k

The average salary for an Insurance Underwriter is $59,907

Base Salary
$43k - $85k
Bonus
$993 - $10k
Profit Sharing
$964 - $10k
Commission
$0 - $15k
Total Pay
$40k - $88k
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What Do Insurance Underwriters Do?

Insurance Underwriter 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.
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How do Insurance Underwriters Rate Their Jobs?

3.7 out of 5
(173)
Highly Satisfied
21Reviews
Based on 173 responses, the job of Insurance Underwriter has received a job satisfaction rating of 3.67 out of 5. On average, Insurance Underwriters are highly satisfied with their job.