Underwriter Salary at Fcbi Fund BETA

How much does a Fcbi Fund Underwriter make?

As of May 2025, the average annual salary for an Underwriter at Fcbi Fund is $74,944, which translates to approximately $36 per hour. Salaries for Underwriter at Fcbi Fund typically range from $67,581 to $84,230, 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.

FCBI Fund Overview

Website:
fcbifund.com
Size:
<25 Employees
Revenue:
<$5M
Industry:
Insurance

The FCBI Fund is a group self-insurance fund licensed pursuant to s. 624.4621, Florida Statutes. he Fund has operated in Florida since 1977 initially under the name Citrus Self-Insurers Fund, writing primarily citrus packing and related agricultural businesses. n 1999, the Fund was endorsed and sponsored by the Florida United Businesses Association, Inc. ("FUBA"), at which time the Fund changed its name to the Florida Citrus, Business & Industries Fund ("FCBI").Prior to its partnership with FUBA, FCBI issued coverage directly to businesses engaged in citrus and agriculture. ith its sponsorship by FUBA, FCBI now utilizes the independent agency network in Florida and writes a broader range of general business, including retail establishments, construction, service industry businesses, etc.The Fund markets itself to the agent community under the trade name "FUBA Workers' Comp." FUBA, the sponsoring association of the Fund, is a not-for-profit trade association, headquartered in Tallahassee, Florida, representing small and medium-sized businesses. The Fund operates on a fiscal year of April 1 to March 31. However for policy issuance purposes, FCBI writes 'year-round' policies with each policyholder enjoying their own specific anniversary date. For the 2014/15 Fund Year (ending 3/31/15) FCBI reported annual premium of approximately $70 million with a policyholder count of approximately 7000 members.

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What Skills Does a person Need at Fcbi Fund?

At Fcbi Fund, 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 Fcbi Fund

Job Title Average Fcbi Fund Salary Hourly Rate
2 Director, Human Resources $144,505 $69
3 Manager, Collections $35,738 $17
4 Senior Underwriter $115,501 $56
5 Receptionist $31,103 $15
6 Chief Executive Officer $670,434 $322
7 Customer Service Associate $34,557 $17
8 Premium Audit Analyst $62,168 $30
9 Premium Audit Reviewer $62,168 $30
10 President $670,434 $322
11 Underwriting Assistant $41,353 $20
12 Vice President, Underwriting $244,406 $118

Hourly Pay at Fcbi Fund

The average hourly pay at Fcbi Fund for an Underwriter is $36 per hour. The location, department, and job description all have an impact on the typical compensation for Fcbi Fund positions. The pay range and total remuneration for the job title are shown in the table below. Fcbi Fund may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $74,944 look to you?

FAQ about Salary and Jobs at Fcbi Fund

1. How much does Fcbi Fund pay per hour?
The average hourly pay is $36. 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 Fcbi Fund?
According to the data, the highest approximate salary is about $84,230 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 Fcbi Fund?
According to the data, the lowest estimated salary is about $67,581 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.