Underwriter Salary at Gennext Funding Llc BETA

How much does a Gennext Funding Llc Underwriter make?

As of April 2025, the average annual salary for an Underwriter at Gennext Funding Llc is $87,658, which translates to approximately $42 per hour. Salaries for Underwriter at Gennext Funding Llc typically range from $78,804 to $98,735, 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.

GenNEXT Funding LLC Overview

Website:
gennextfunding.com
Size:
<25 Employees
Revenue:
<$5M
Industry:
Financial Services

Born from the vision of two leading local business leaders, our mission is to help every Generation realize the NEXT phase of their lives through home ownership and our promise is to support our community attain that dream. Leadership with experience that helps you get to the NEXT phase. Jorge E. Parra

See similar companies related to Gennext Funding Llc

What Skills Does a person Need at Gennext Funding Llc?

At Gennext Funding Llc, 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.

Related Jobs

Berkley
New York , NY

Company Details: Berkley Professional was founded in October 2008 as an operating unit of W. R. Berkley Corporation, one of the nations premier commercial property casualty insurance providers, by a team of management liability professionals with a combined total of over fifty years of experience in insurance and financial services. Backed by superior financial strength, Berkley Professional brings fresh capacity, underwriting acumen, claims handling expertise, and extensive relationships with insureds and brokers to the management liability marketplace. Since then, Berkley Professional has enjoyed calculated and consistent growth, while exceeding the needs of our business partners. We provide customized coverage solutions with fairness, responsibility and superior claims servicing. Berkley Professional continues to expand its product capabilities as well as geographic reach in order to better serve the dynamic management liability environment. This growth includes the addition of a de


Sponsored
4/23/2025 12:00:00 AM
Swift Staffing Group
Brooklyn , NY

.We are looking for a highly skilled Insurance Underwriter to join our expanding team. The ideal candidate will be responsible for analyzing applications, assessing risk, and determining policy terms and pricing while ensuring adherence to company and industry guidelines. Key Responsibilities: Review and evaluate insurance applications to determine risk exposure. Analyze financial statements, claims histories, and other risk factors. Approve, modify, or reject policies based on underwriting criteria. Collaborate with brokers and agents to gather necessary information. Ensure compliance with industry regulations and company policies. Stay up to date with market trends and risk assessment strategies. Qualifications: Proven experience in insurance underwriting. Strong analytical and decision-making skills. Knowledge of insurance policies, regulations, and risk assessment. Excellent communication and negotiation abilities. Proficiency in underwriting software and financial analysis tools i


Sponsored
4/21/2025 12:00:00 AM
Everest Insurance
New York , NY

Title: Surety Underwriter Company: Everest Insurance Company Job Category: Underwriting Job Description: Job Description Everest is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in the Europe, Bermuda, Canada, Singapore, US, and other territories. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. But the most critical asset in this organization is our people. Everest is a growth company offering Property, Casualty, and specialty products among others, through its various operating subsidiaries located in key markets around the world. Everest has been a global leader in reinsurance with a broad footprint, deep client relationships, underwriting excellence, responsive service, and customiz


Sponsored
4/21/2025 12:00:00 AM
Axis Specialty US Services
Red Bank , NJ

This is your opportunity to join AXIS Capital a trusted global provider of specialty lines insurance and reinsurance. We stand apart for our outstanding client service, intelligent risk taking and superior risk adjusted returns for our shareholders. We also proudly maintain an entrepreneurial, disciplined and ethical corporate culture. As a member of AXIS, you join a team that is among the best in the industry. At AXIS, we believe that we are only as strong as our people. We strive to create an inclusive and welcoming culture where employees of all backgrounds and from all walks of life feel comfortable and empowered to be themselves. This means that we bring our whole selves to work. All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex, pregnancy, sexual orientation, gender identity or expression, national origin or ancestry, citizenship, physical or mental disability, age, marital status, civil union status, family o


Sponsored
4/20/2025 12:00:00 AM
Ryan Specialty
New York , NY

Position Summary The Property and Casualty Underwriter is responsible for managing a portfolio of accounts and driving new and renewal business opportunities for Property and Casualty insurance. The role assesses risks associated with insuring properties and liabilities, evaluates applications, analyzes data, and determines coverage terms and premiums to ensure sound underwriting decisions. They develop and maintain underwriting practices and guidelines as per delegated authority and build relationships with brokers and other stakeholders in the designated portfolio. What will your job entail? Responsibilities: Underwrites new and renewal property and casualty business, analyzes policy forms, broker endorsement requests, and submitted documentation as per company underwriting standards and guidelines and obtains additional information as needed. Determines whether to accept, modify or decline a risk through evaluation of the coverage value, location, usage, safety features, and other f


Sponsored
4/20/2025 12:00:00 AM
At-Bay
New York , NY

About At-Bay At-Bay is the insurance provider for the digital age. On a mission to build the next generation of insurance, At-Bay combines world-class technology with industry-leading insurance expertise to protect close to 40,000 businesses from Cyber, Tech E&O and Miscellaneous Professional Liability (MPL) risks. At-Bay's MPL line utilizes technology and automation to improve efficiencies in the underwriting process so that our dedicated PL team can focus on what matters the most - leaving their personal mark on our next major product, driving innovation, and contributing to the budding success of a leading InsurTech. With a core value of At-Bay's to "Drive for Impact", someone who has an entrepreneurial spirit and interest in working with senior leadership and product to develop the growing line will excel in this role. At-Bay has close to 340 employees located in offices across the US and Israel. We're also proud to prioritize diverse teams and an inclusive culture. In addition to


Sponsored
4/20/2025 12:00:00 AM
GREATER NEW YORK MUTUAL INSURANCE COMPANY
New York , NY

Job Details Job Location NEW YORK HEADQUARTERS - NEW YORK, NY Remote Type Hybrid Position Type Full Time Job Category Insurance Description Position Summary: The Underwriter develops and fosters positive, professional relationships with the company's agency partners, as well as achieves company growth and profitability objectives. The underwriter is expected to exhibit a medium level of technical expertise, while exercising sound judgment, and delivering consistent results. Essential Duties and Responsibilities: Develops and maintain a strong working knowledge of company underwriting guidelines, coverage forms, enhancements, rating plans, and workflow Determine the acceptability of commercial lines package and umbrella policies based on company underwriting guidelines Uses underwriting information such as inspection reports, claims history, and commercial applications to make appropriate underwriting decision Determine appropriate premium levels and coverages for commercial package and


Sponsored
4/20/2025 12:00:00 AM
Chubb
New York , NY

Job Description Chubb is a world leader in insurance. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. The Company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally. KEY OBJECTIVE: As a key member of the Chubb Multinational team, the Underwriter will contribute to the achievement of regional profitability and production results through the growth, development, and underwriting of international casualty programs for U.S. multinational companies and organizations. In addition, this position is responsible for establishing and cultivating business relationships with brokers, clients, and other relevant spheres of influence within the assigned territory t


Sponsored
4/19/2025 12:00:00 AM

Check more jobs information at Gennext Funding Llc

Job Title Average Gennext Funding Llc Salary Hourly Rate
2 Mortgage Loan Processor $41,061 $20
3 Post Closer $41,716 $20
4 Marketing Intern $44,414 $21
5 Mortgage Loan Officer $45,515 $22
6 Information Technology Support $35,690 $17
7 Loan Processor $42,867 $21
8 Operations Consultant $91,807 $44
9 Administrative Assistant $49,480 $24
10 Systems Architect $149,567 $72

Hourly Pay at Gennext Funding Llc

The average hourly pay at Gennext Funding Llc for an Underwriter is $42 per hour. The location, department, and job description all have an impact on the typical compensation for Gennext Funding Llc positions. The pay range and total remuneration for the job title are shown in the table below. Gennext Funding Llc may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $87,658 look to you?

FAQ about Salary and Jobs at Gennext Funding Llc

1. How much does Gennext Funding Llc pay per hour?
The average hourly pay is $42. 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 Gennext Funding Llc?
According to the data, the highest approximate salary is about $98,735 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 Gennext Funding Llc?
According to the data, the lowest estimated salary is about $78,804 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.