Underwriter Salary at Millennium Insurance BETA

How much does a Millennium Insurance Underwriter make?

As of December 2024, the average annual salary for an Underwriter at Millennium Insurance is $73,265, which translates to approximately $35 per hour. Salaries for Underwriter at Millennium Insurance typically range from $66,069 to $82,342, 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.

Millennium Insurance Overview

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

We are committed to helping you manage the risks that arise in everyday life. If the unexpected strikes, we will do everything we can to help you recover your quality of life as soon as possible. We are guided by highest standards of integrity and professionalism so you can be sure that our recommendations will help you obtain the best insurance coverage for your unique circumstances, in the right amount and at a price that fits your budget.

See similar companies related to Millennium Insurance

What Skills Does a person Need at Millennium Insurance?

At Millennium Insurance, 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

Bankers Financial Corp
Saint Petersburg , FL

Job Description Job Description Founded in 1976, Bankers Insurance Group has grown from a small local company to a diverse corporation known for its innovative insurance products and superior customer service. Bankers Insurance offers a variety of property and casualty products and services. Among the company’s products are business owners, builder’s risk, personal and commercial flood, as well as specialized coverages. Insurance and financial services remain at the core of our business, and we're proud of our more than 45+ year track record of expertise and service. We recognize the changes taking place in our domestic and global economy, as well as our society. We strive to respond to those changes with a spirit of understanding, growth, innovation, and entrepreneurship, developing new products, services, and partnerships. Our Core Values Include Collaboration: working together is critical to achieving organizational goals. Innovation: growth happens when we can absorb and implement


Sponsored
12/12/2024 12:00:00 AM
Security National Life Insurance Company
Tampa , FL

Security National Life was founded in 1965 out of Salt Lake City, UT. We offer a variety of final expense products in over 30 states across the US. We have experienced exponential growth over the past year, and we would like to share our success with you. Our Final Expense Sales Agent help families by offering final expense policies to protect them for the future. We offer: Uncapped commissions paid daily Career advancement opportunities Sales incentives, contests and bonuses throughout the year Dynamic sales training, web application, Customized CRM and Easy Underwriting Company assisted lead programs for fresh, exclusive leads You offer: Life Insurance license or motivated to obtain one Desire to help others- face to face or through tele sales opportunities Go-getter attitude with ability to work independently Ability to pass background check Responsibilities: Identify sales opportunities for final expense insurance plans Sell final expense plans that can cover the funeral, legal or


Sponsored
12/12/2024 12:00:00 AM
USG Insurance Services, Inc.
Tampa , FL

Account Executive: Brokerage Hours: 8:30-5:00 Local Time Location: Remote or hybrid, depending on your area Compensation: Based on Experience Offices: At USG, we empower our team members with the flexibility to opt for remote, hybrid, or fully in-office schedules. Presently, we operate nine physical branch locations across the United States: California: Irvine Florida: Tampa Idaho: Sandpoint Illinois: Chicago Louisiana: Covington Minnesota: Shoreview Pennsylvania: Canonsburg Texas: Arlington and Houston Who We Are: Welcome to USG, a distinguished national wholesale broker and managing general agent (MGA) with a prominent presence across the nation. Our extensive network spans over 400 different markets and we proudly write business in all 50 states. USG has consistently earned recognition for our excellence, being ranked as a 5-star MGA by Insurance Business of America for four consecutive years. Moreover, we take pride in our continuous acknowledgment as a Top Insurance Workplace over


Sponsored
12/12/2024 12:00:00 AM
Bankers Financial Corp
Saint Petersburg , FL

Job Description Job Description DecisionHR is a Professional Employer Organization (PEO) located in St Petersburg, FL. Since our inception in 1996, we have empowered our clients with industry-leading human resource solutions they need to drive their business. We assist our clients in the areas of payroll, worker’s compensation, human resources, and benefits. We remove the administrative burden of running their business and allow our clients to focus on their revenue-producing activities. Our goal is to deliver customizable, practical workforce solutions that increase profits, reduce costs and liability, and attract, develop, and retain long-term employees. Our Core values include: Collaboration: working together is critical to achieving organizational goals. Innovation: growth happens when we can absorb and implement new ideas that provide unique solutions and superior customer service. Performance: we believe in providing our employees with the tools and support they need to grow, suc


Sponsored
12/11/2024 12:00:00 AM
Single Source Insurance Inc
Clearwater , FL

Job Description Job Description Summary/Objective The Commercial Account Representative will work directly with agency clients ensuring they receive excellent service, comprehensive insurance offerings and through reviews of existing policies. Essential Functions Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. · Work with sales team to review best coverages for accounts · Make and Receive calls to agency insureds regarding policy questions, renewals, and new business · Quickly learn the agency management system and standardized system of filing · Input data into management system in an accurate and timely manner · Shop new and renewal business accounts through insurance market · Collaborate with sales team to secure renewal business · Independent servicing of assigned book of business, endorsements, policy changes and record keeping · Remotely send accounts for signature and binding · Assist the Senior Commercial account


Sponsored
12/11/2024 12:00:00 AM
PURMORT & MARTIN INSURANCE AGENCY L
Sarasota , FL

Job Description Job Description Since 1959, Purmort & Martin Insurance Agency has been a leading locally owned, award winning independent insurance Agency in the Southwest Florida region. Because Purmort & Martin Insurance is locally owned and managed, we answer to our clients first, not shareholders or a home office in another city. We are looking for Account Managers who share this philosophy and can contribute to our success. What are we looking for in a great candidate? · Superior written and oral communication skills to facilitate frequent discussions with Insureds and Underwriters with several communication methods used. · Proficiency in underwriting and rating systems for multiple insurance carriers. · Knowledge of market availability and underwriting guidelines for standard insurance carriers as well as several surplus lines brokers. · Someone who knows how to use Excel, AMS360, Microsoft Word, Skype Instant Messenger, Microsoft Outlook, and other work flow and document sharing


Sponsored
12/9/2024 12:00:00 AM
Safepoint MGA, LLC
Tampa , FL

Join a dynamic team as an Underwriting Service Associate and make an impact in the fast-paced world of insurance! We're seeking detail-oriented professionals with a knack for problem-solving and a passion for delivering exceptional service in a call center environment. If you're ready to leverage your analytical skills and drive success in a call center environment, apply today and take your career to new heights! Job Summary In this role you will handle incoming calls from customers, agents, and policyholders related to insurance applications or existing policies. You will work in a collaborative environment providing administrative support for the Underwriting department. Hours of operation are Monday to Friday with a rotating schedule of 8:00 am - 6:00 pm All employees in Personal Lines whose essential job function includes but is not limited to direct communication with customers and/or agents, must hold a valid Resident State Insurance license and be able to obtain and maintain re


Sponsored
12/8/2024 12:00:00 AM
Security National Life Insurance Company
Sarasota , FL

Security National Life was founded in 1965 out of Salt Lake City, UT. We offer a variety of final expense products in over 30 states across the US. We have experienced exponential growth over the past year, and we would like to share our success with you. Our Final Expense Sales Agent help families by offering final expense policies to protect them for the future. We offer: Uncapped commissions paid daily Career advancement opportunities Sales incentives, contests and bonuses throughout the year Dynamic sales training, web application, Customized CRM and Easy Underwriting Company assisted lead programs for fresh, exclusive leads You offer: Life Insurance license or motivated to obtain one Desire to help others- face to face or through tele sales opportunities Go-getter attitude with ability to work independently Ability to pass background check Responsibilities: Identify sales opportunities for final expense insurance plans Sell final expense plans that can cover the funeral, legal or


Sponsored
12/8/2024 12:00:00 AM

Check more jobs information at Millennium Insurance

Job Title Average Millennium Insurance Salary Hourly Rate
2 Supervisor, Claims $75,589 $36
3 Client Service Executive $184,066 $88
4 Manager, Claims $98,206 $47
5 Office Manager $65,675 $32
6 Personal Assistant $53,612 $26
7 President $655,411 $315
8 Senior Accounts Officer $49,441 $24
9 Chief Executive Officer $655,411 $315
10 Claims Adjuster $55,001 $26
11 Claims Consultant $36,503 $18
12 Claims Examiner $52,287 $25
13 Insurance Advisor $71,649 $34

Hourly Pay at Millennium Insurance

The average hourly pay at Millennium Insurance for an Underwriter is $35 per hour. The location, department, and job description all have an impact on the typical compensation for Millennium Insurance positions. The pay range and total remuneration for the job title are shown in the table below. Millennium Insurance may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $73,265 look to you?

FAQ about Salary and Jobs at Millennium Insurance

1. How much does Millennium Insurance pay per hour?
The average hourly pay is $35. 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 Millennium Insurance?
According to the data, the highest approximate salary is about $82,342 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 Millennium Insurance?
According to the data, the lowest estimated salary is about $66,069 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.