Group Underwriting Manager Salary at American Fidelity Assurance Co BETA
How much does an American Fidelity Assurance Co Group Underwriting Manager make?
As of March 2025, the average annual salary for a Group Underwriting Manager at American Fidelity Assurance Co is $133,531, which translates to approximately $64 per hour. Salaries for Group Underwriting Manager at American Fidelity Assurance Co typically range from $116,933 to $153,390, reflecting the diverse roles within the company.
It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
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What Skills Does a person Need at American Fidelity Assurance Co?
At American Fidelity Assurance Co, specify the abilities and skills that a person needs in order to carry out the specified job duties. 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.
- Underwriting: Underwriting services are provided by some large financial institutions, such as banks, or insurance or investment houses, whereby they guarantee payment in case of damage or financial loss and accept the financial risk for liability arising from such guarantee. An underwriting arrangement may be created in a number of situations including insurance, issue of securities in a public offering, and bank lending, among others. The person or institution that agrees to sell a minimum number of securities of the company for commission is called the underwriter. The name derives from the Lloyd's of London insurance market. Financial bankers, who would accept some of the risk on a given venture (historically a sea voyage with associated risks of shipwreck) in exchange for a premium, would literally write their names under the risk information that was written on a Lloyd's slip created for this purpose.
- Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
- Loss Mitigation: Loss mitigation is used to describe a third party helping a homeowner, a division within a bank that mitigates the loss of the bank, or a firm that handles the process of negotiation between a homeowner and the homeowner's lender. Loss mitigation works to negotiate mortgage terms for the homeowner that will prevent foreclosure. These new terms are typically obtained through loan modification, short sale negotiation, short refinance negotiation, deed in lieu of foreclosure, cash-for-keys negotiation, a partial claim loan, repayment plan, forbearance, or other loan work-out. All of the options serve the same purpose, to stabilize the risk of loss the lender (investor) is in danger of realizing../
- Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
- Futures: Futures are derivative financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and set price.
Related Jobs
Check more jobs information at American Fidelity Assurance Co
| Job Title | Average American Fidelity Assurance Co Salary | Hourly Rate | |
|---|---|---|---|
| 2 | Sales Manager | $134,757 | $65 |
| 3 | Sales Training Manager | $133,621 | $64 |
| 4 | Secretary Iii | $65,033 | $31 |
| 5 | Secretary IV | $75,446 | $36 |
| 6 | Senior Account Manager | $92,537 | $44 |
| 7 | Senior Benefits Administrator | $88,184 | $42 |
| 8 | Senior Claims Examiner | $68,382 | $33 |
| 9 | Senior Database Administrator | $129,448 | $62 |
| 10 | Senior Infrastructure Analyst | $141,211 | $68 |
| 11 | Senior Security Analyst | $114,268 | $55 |
| 12 | Senior Software Developer | $114,171 | $55 |
| 13 | Software Architect | $150,136 | $72 |
Hourly Pay at American Fidelity Assurance Co
FAQ about Salary and Jobs at American Fidelity Assurance Co
The average hourly pay is $64. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
According to the data, the highest approximate salary is about $153,390 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
According to the data, the lowest estimated salary is about $116,933 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.