Underwriter V Salary in North Carolina
Underwriter V Salary in North Carolina
How much does an Underwriter V make in North Carolina? The average Underwriter V salary in North Carolina is $140,722 as of May 28, 2024, but the range typically falls between $119,157 and $165,842. 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 V Salary | $99,524 | NC | May 28, 2024 |
| 25th Percentile Underwriter V Salary | $119,157 | NC | May 28, 2024 |
| 50th Percentile Underwriter V Salary | $140,722 | NC | May 28, 2024 |
| 75th Percentile Underwriter V Salary | $165,842 | NC | May 28, 2024 |
| 90th Percentile Underwriter V Salary | $188,713 | NC | May 28, 2024 |
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Job Description for Underwriter V
Underwriter V reviews and analyzes risk characteristics on insurance applications, renewals, and change requests. Utilizes underwriting guidelines, rules, standards, and levels of authority to accept, reject, or mitigate risk for applications and determine appropriate premiums, limits, and coverages. Being an Underwriter V calculates renewal rates. Ensures that underwriting activities comply with all industry and governmental regulations. Additionally, Underwriter V may coordinate with field agents to collect or clarify information or decisions. Typically requires a bachelor's degree or equivalent. Typically reports to a supervisor or manager. The Underwriter V works autonomously. Goals are generally communicated in "solution" or project goal terms. May provide a leadership role for the work group through knowledge in the area of specialization. Works on advanced, complex technical projects or business issues requiring state of the art technical or industry knowledge. To be an Underwriter V typically requires 10+ years of related experience. (Copyright 2024 Salary.com)... View full job description
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| Location | Avg. Salary | Date Updated |
|---|---|---|
| Location Aberdeen, NC | Avg. Salary $132,220 | Date Updated May 28, 2024 |
| Location Advance, NC | Avg. Salary $137,204 | Date Updated May 28, 2024 |
| Location Ahoskie, NC | Avg. Salary $137,204 | Date Updated May 28, 2024 |
| Location Alamance, NC | Avg. Salary $137,350 | Date Updated May 28, 2024 |
| Location Albemarle, NC | Avg. Salary $138,230 | Date Updated May 28, 2024 |
| Location Albertson, NC | Avg. Salary $132,660 | Date Updated May 28, 2024 |
| Location Alexander, NC | Avg. Salary $134,712 | Date Updated May 28, 2024 |
| Location Alexis, NC | Avg. Salary $142,041 | Date Updated May 28, 2024 |
| Location Alliance, NC | Avg. Salary $133,246 | Date Updated May 28, 2024 |
| Location Almond, NC | Avg. Salary $133,393 | Date Updated May 28, 2024 |
Career Path for Underwriter V
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 V, 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 a Property Casualty Underwriting Supervisor position, and then progresses to Property Casualty Underwriting Manager.
Additionally, the fourth career path typically starts with an Underwriting Supervisor position, and then progresses to Underwriting Manager.
What does an Underwriter V do?
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About North Carolina
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| Job Title | Experience | EDUCATION | Salary Compared to This Job |
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| Job Title Mortgage Underwriter I | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
| Job Title Mortgage Underwriter II | Experience 2 - 4 | 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) III | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
Level of Education for Underwriter V
Jobs with different levels of education may pay very differently. Check the Underwriter V salary of your education level.
- Underwriter V Salaries with No Diploma
- Underwriter V Salaries with a High School Diploma or Technical Certificate
- Underwriter V Salaries with an Associate's Degree
- Underwriter V Salaries with a Bachelor's Degree
- Underwriter V Salaries with a Master's Degree or MBA
- Underwriter V Salaries with a JD, MD, PhD or Equivalent
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About North Carolina North Carolina (/ˌkærəˈlaɪnə/ (listen)) is a state in the southeastern region of the United States. It borders South Carolina and Georgia to the south....More
Skills associated with Underwriter V: Denial Administration, Risk Analysis, Policy Analysis, Calculate Payments/Premiums ...More
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