Insurance Underwriter in Los Angeles Salary

How much does an Insurance Underwriter make in Los Angeles, CA? An Insurance Underwriter in Los Angeles earns an average of $64,584 per year. This is 15% above the national average for an Insurance Underwriter which is $55,095 annually. Salaries for an Insurance Underwriter in Los Angeles range from $44,159 annually to $127,661 per year. Total Annual Compensation, which includes salary and bonus for an Insurance Underwriter in Los Angeles ranges from $45,637 to $141,000 annually. Among those reporting, there is an average job satisfaction rating of 3 out of 5 stars. In Los Angeles, men make up the majority of the workforce (62 percent). Many report receiving medical, dental, and vision benefits from their employer.

$44,159 - $127,661
$44K
$65K
$130K
MEDIAN: $64,584
10%
50%
90%

Add this chart to your site: 640px    300px

$0$141K
Salary $44,159 - $127,661
Bonus $-0.50 - $26,179
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).
)
$45,637 - $141,000
  • Country: United States
  • Currency: USD
  • Updated: 20 Nov 2017
  • Individuals Reporting: 16

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 Los Angeles, California

Los Angeles County, California
3,971,896
Male:
1,958,998 (49.3%)
Female:
2,012,898 (50.7%)
Los Angeles (/lɒs ˈændʒəlᵻs/, Spanish for "The Angels"), officially the City of Los Angeles and often known by its initials L.A., is the second-most populous city in the United States after New York City, the most populous city in California, and the county seat of Los Angeles County. Situated in Southern California, Los Angeles is known for its mediterranean climate, ethnic diversity, sprawling metropolis, and as a major center of the American entertainment industry. Los Angeles lies in a large coastal basin surrounded on three sides by mountains reaching up to and over 10,000 feet (3,000 m). Historically home to the Chumash and Tongva, Los Angeles was claimed by Juan Rodríguez Cabrillo for Spain in 1542 along with the rest of what would become Alta California. The city was officially founded on September 4, 1781, by Spanish governor Felipe de Neve. It became a part of Mexico in 1821 following the Mexican...
Los Angeles:
$52,024
California:
$64,500
$1,271
Los Angeles:
$542,100
California:
$449,100
4.8%

Insurance Underwriter Job Listings

Key Stats for Insurance Underwriter

Gender

Female
38 %
Male
62 %

Job Satisfaction

Satisfied
Rated 3 out of 5
based on 4 votes.
1-4 years
32%
5-9 years
16%
10-19 years
32%
20 years or more
21%

Experience Affects Insurance Underwriter Salaries

Experienced
▲19%

National Average
$64,000

Entry-Level
▼8%

Mid-Career
▼15%

Skills That Affect Insurance Underwriter Salaries

Risk Management / Risk Control
▲28%

Insurance
▲7%

Commercial
▲7%

National Average
$64,000

Job Satisfaction

Satisfied
Rated 3 out of 5
based on 4 votes.

Gender

Female
38 %
Male
62 %

Years of Experience

1-4 years
32%
5-9 years
16%
10-19 years
32%
20 years or more
21%

Common Health Benefits

medical benefits
Medical: 87%
dental benefits
Dental: 80%
vision benefits
Vision: 67%
no benefits
None: 13%