$64,045
Avg. Salary
Avg. Hourly Rate
Help us gather more data! Is Insurance Underwriter your job title? Find out what you're worth.

The average pay for an Insurance Underwriter in Philadelphia, Pennsylvania is {{pay}} per hour.

The average pay for an Insurance Underwriter in Philadelphia, Pennsylvania is $64,045 per year.

$0.00
10%
$0.00
50%
$0.00
90%
MEDIAN $0.00
$54k
10%
$64k
50%
$92k
90%
MEDIAN $64,045
$54,248 - $92,484
$54K
$64K
$92K
MEDIAN: $64,045
10%
50%
90%

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$0$95K
Salary $54,248 - $92,484
Bonus $0.00 - $29,361
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).
)
$54,248 - $95,640
  • Country: United States
  • Currency: USD
  • Updated: 4 Jan 2019
  • Individuals Reporting: 17

Job Description for Insurance Underwriter

An insurance underwriter helps assess risks, analyze payment and premiums related to those risks, and determine if a business or entity should be insured. Insurance underwriters typically work in an insurance company and must have strong accounting and statistical analysis skills.

Read More...
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.

About Philadelphia, Pennsylvania

Philadelphia County, Pennsylvania
1,567,442
Male:
741,270 (47.3%)
Female:
826,172 (52.7%)
Philadelphia (/ˌfɪləˈdɛlfiə/) is the largest city in the Commonwealth of Pennsylvania and the fifth-most populous in the United States, with an estimated population in 2014 of 1,560,297. In the Northeastern United States, at the confluence of the Delaware and Schuylkill rivers, Philadelphia is the economic and cultural anchor of the Delaware Valley, a metropolitan area home to 7.2 million people and the eighth-largest combined statistical area in the United States. In 1682, William Penn founded the city to serve as capital of the Pennsylvania Colony. Philadelphia played an instrumental role in the American Revolution as a meeting place for the Founding Fathers of the United States, who signed the Declaration of Independence in 1776 and the Constitution in 1787. Philadelphia was one of the nation's capitals in the Revolutionary War, and served as temporary U.S. capital while Washington, D.C., was under construction. In the 19th century, Philadelphia became a major industrial center...
Philadelphia:
$41,233
Pennsylvania:
$55,702
$952
Philadelphia:
$150,700
Pennsylvania:
$170,600
6.6%

Insurance Underwriter Job Listings

Key Stats for Insurance Underwriter

Gender

Female
45 %
Male
55 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 4 votes.
1-4 years
35%
5-9 years
29%
10-19 years
35%

Job Satisfaction

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

Gender

Female
45 %
Male
55 %

Years of Experience

1-4 years
35%
5-9 years
29%
10-19 years
35%

Common Health Benefits

medical benefits
Medical: 100%
dental benefits
Dental: 73%
vision benefits
Vision: 60%
no benefits
None: