Underwriter Salary at Camcomp BETA

How much does a Camcomp Underwriter make?

As of March 2025, the average annual salary for an Underwriter at Camcomp is $80,064, which translates to approximately $38 per hour. Salaries for Underwriter at Camcomp typically range from $72,197 to $89,977, 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.

Website:
camcomp.net
Size:
<25 Employees
Revenue:
<$5M
Industry:
Insurance

The Construction Association of Michigan Workers Compensation Plan ( CAMComp ) is a leading self-insurance group designed for the construction industry. What makes us so different from other workers' compensation programs? The Construction Association of Michigan Workers Compensation plan (CAMComp) is a group self-insurance program designed for and operated by your peers in the construction industry. Our story is a unique one, driven by the desire to create something different than the one-size-fits-all insurance policies other insurance companies offer to commercial construction businesses. So we designed a group plan focused on the needs of its members. We provide a place where members support one another by practicing high levels of safety and avoiding unnecessary claims keeping premiums lower for everyone. In fact, CAMComp invests the groups premiums. And at the end of each year, we compare the groups claims paid out vs. the premiums paid in. If the premiums exceed the claims, we pay that difference plus investment income back to our group members. Our self-insured member group contains the best and brightest of the Michigan construction industry, including contractors, subcontractors, builders, and suppliers. Today, were proud to be the leading self-insured workers comp program in Michigan, serving thousands of customers who want to be rewarded - not penalized - for working safely. Our purpose is a clear one: To provide contractors, subcontractors, builders, and suppliers with affordable, comprehensive, and trusted workers compensation coverage. We aim to fulfill this mission by using our industry expertise to develop a workers comp plan that put employees health and safety first. At the same time, we reward businesses for working safely by paying them back when claims dont exceed premiums paid.

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What Skills Does a person Need at Camcomp?

At Camcomp, 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.

  1. 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.
  2. Health care: Health care or healthcare is the improvement of health via the prevention, diagnosis, treatment, amelioration, or cure of disease, illness, injury, and other physical and mental impairments in people.
  3. 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.
  4. Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  5. Commitment: An agreement or pledge to do something in the future a commitment to improve conditions at the prison especially : an engagement to assume a financial obligation at a future date.

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Check more jobs information at Camcomp

Job Title Average Camcomp Salary Hourly Rate
2 Administrator $45,194 $22
3 Member Services Associate $43,593 $21
4 Loss Control Consultant $55,533 $27
5 Marketing Representative $65,882 $32
6 Md $195,751 $94

Hourly Pay at Camcomp

The average hourly pay at Camcomp for an Underwriter is $38 per hour. The location, department, and job description all have an impact on the typical compensation for Camcomp positions. The pay range and total remuneration for the job title are shown in the table below. Camcomp may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $80,064 look to you?

FAQ about Salary and Jobs at Camcomp

1. How much does Camcomp pay per hour?
The average hourly pay is $38. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Camcomp?
According to the data, the highest approximate salary is about $89,977 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Camcomp?
According to the data, the lowest estimated salary is about $72,197 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
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.