How much does an Underwriter (Life) III make in Indiana? The average Underwriter (Life) III salary in Indiana is $94,437 as of May 28, 2024, but the range typically falls between $84,712 and $103,929. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.
Percentile | Salary | Location | Last Updated |
10th Percentile Underwriter (Life) III Salary | $75,858 | IN | May 28, 2024 |
25th Percentile Underwriter (Life) III Salary | $84,712 | IN | May 28, 2024 |
50th Percentile Underwriter (Life) III Salary | $94,437 | IN | May 28, 2024 |
75th Percentile Underwriter (Life) III Salary | $103,929 | IN | May 28, 2024 |
90th Percentile Underwriter (Life) III Salary | $112,572 | IN | May 28, 2024 |
Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Credit Reports: Credit report is a statement that has information about your credit activity and current credit situation such as loan paying history and the status of your credit accounts. It allows to check for any delinquency in past and present credit accounts.
Financial Analysis: Financial statement analysis (or financial analysis) is the process of reviewing and analyzing a company's financial statements to make better economic decisions to earn income in future. These statements include the income statement, balance sheet, statement of cash flows, notes to accounts and a statement of changes in equity (if applicable). Financial statement analysis is a method or process involving specific techniques for evaluating risks, performance, financial health, and future prospects of an organization. It is used by a variety of stakeholders, such as credit and equity investors, the government, the public, and decision-makers within the organization. These stakeholders have different interests and apply a variety of different techniques to meet their needs. For example, equity investors are interested in the long-term earnings power of the organization and perhaps the sustainability and growth of dividend payments. Creditors want to ensure the interest and principal is paid on the organizations debt securities (e.g., bonds) when due.
What Should I Pay?
Underwriter (Life) III reviews medical, occupational, financial, and legal information to select or reject individual or group life insurance applications. Calculates rates and premiums from approved decrement tables. Being an Underwriter (Life) III approves or denies applications on own discretion. Typically requires a bachelor's degree. Additionally, Underwriter (Life) III typically reports to a manager. The Underwriter (Life) III contributes to moderately complex aspects of a project. Work is generally independent and collaborative in nature. To be an Underwriter (Life) III typically requires 4 to 7 years of related experience. (Copyright 2024 Salary.com)... View full job description
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Location | Avg. Salary | Date Updated |
---|---|---|
Location Vincennes, IN | Avg. Salary $88,206 | Date Updated May 28, 2024 |
Location Advance, IN | Avg. Salary $93,755 | Date Updated May 28, 2024 |
Location Akron, IN | Avg. Salary $91,321 | Date Updated May 28, 2024 |
Location Alamo, IN | Avg. Salary $88,790 | Date Updated May 28, 2024 |
Location Albany, IN | Avg. Salary $89,569 | Date Updated May 28, 2024 |
Location Albion, IN | Avg. Salary $91,224 | Date Updated May 28, 2024 |
Location Alexandria, IN | Avg. Salary $90,153 | Date Updated May 28, 2024 |
Location Ambia, IN | Avg. Salary $93,658 | Date Updated May 28, 2024 |
Location Amboy, IN | Avg. Salary $89,569 | Date Updated May 28, 2024 |
Location Amo, IN | Avg. Salary $92,198 | Date Updated May 28, 2024 |
A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.
For Underwriter (Life) III, the first career path typically starts with a Health Underwriting Manager position, and then Health Underwriting Director.
The second career path typically starts with a Life Underwriting Supervisor position, and then progresses to Life Underwriting Manager.
The third career path typically starts with an Underwriter (P/C) IV position, and then progresses to Property Casualty Underwriting Supervisor.
Additionally, the fourth career path typically starts with an Underwriter IV position, and then progresses to Underwriter V.
Salary.com's CompAnalyst platform offers:
Job Title | Experience | EDUCATION | Salary Compared to This Job |
---|---|---|---|
Job Title Life Underwriting Director | Experience | EducationBachelors | Salary Compared to This Job |
Job Title Life Underwriting Manager | Experience 5 + | EducationBachelors | Salary Compared to This Job |
Job Title Mortgage Underwriter III | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
Job Title Underwriter (Life) I | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
Job Title Underwriter (Life) II | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
Jobs with different levels of education may pay very differently. Check the Underwriter (Life) III salary of your education level.
A job category is a classification or grouping of job positions that share similar characteristics, functions, or industries. Underwriter (Life) III salary varies from category to category. Click below to see Underwriter (Life) III salary in different categories.
About Indiana Indiana /ˌɪndiˈænə/ (listen) is a U.S. state located in the Midwestern and Great Lakes regions of North America. Indiana is the 38th largest by area a....More
Skills associated with Underwriter (Life) III: Loss Run Analysis, Reinsurance, Underwriting, Risk Analysis ...More
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