$60,629
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 Portland, Maine is {{pay}} per hour.

The median Insurance Underwriter has a base pay of $60,629. Salaries generally range from $57k to $70k. The median bonus is .
$0.00
10%
$0.00
50%
$0.00
90%
MEDIAN $0.00
$57k
10%
$61k
50%
$70k
90%
MEDIAN $60,629

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.

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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 Portland, Maine

Cumberland County, Maine
66,872
Male:
31,480 (47.1%)
Female:
35,392 (52.9%)
Portland is the largest city in the US state of Maine. Portland had a population of 66,881 in 2010. The Greater Portland metropolitan area is home to over half a million people, more than one-third of Maine's total population. The Old Port district is frequented by tourists, while Portland Head Light is also a destination. The city seal depicts a phoenix rising from ashes, which is a reference to the recoveries from four devastating fires. Portland was named for the English Isle of Portland, and the city of Portland, Oregon was in turn named after Portland, Maine. Native Americans originally called the Portland peninsula Machigonne ("Great Neck"). Portland, Maine was named for the English Isle of Portland, and the city of Portland, Oregon was in turn named for Portland, Maine. The first European settler was Capt. Christopher Levett, an English naval captain granted 6,000 acres (2,400 ha) in 1623 to found a...
Portland:
$52,139
Maine:
$51,494
$1,000
Portland:
$267,100
Maine:
$180,300
3.2%

Insurance Underwriter Job Listings

Key Stats for Insurance Underwriter

Less than 1 year
20%
1-4 years
20%
5-9 years
40%
20 years or more
20%

Years of Experience

Less than 1 year
20%
1-4 years
20%
5-9 years
40%
20 years or more
20%

Common Health Benefits

medical benefits
Medical: 75%
dental benefits
Dental: 75%
vision benefits
Vision: 75%
no benefits
None: 25%