Underwriter Salary at Policy Managers BETA

How much does a Policy Managers Underwriter make?

As of December 2024, the average annual salary for an Underwriter at Policy Managers is $73,055, which translates to approximately $35 per hour. Salaries for Underwriter at Policy Managers typically range from $65,874 to $82,101, 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.

Policy Managers Overview

Website:
policymanagers.com
Size:
<25 Employees
Revenue:
$5M - $10M
Industry:
Insurance

Policy Managers is a professional insurance agency with history of more than 30 years in providing specialized environmental pollution liability insurance for above and underground storage tanks to small and large business in the State of Florida. This very important insurance protection helps clients meet the environmental and financial responsibility requirements of the FLDEP and EPA. Policy Managers has been one of the State of Florida's leaders in providing storage tank insurance to marketers and non-marketers, including gas/service stations, convenience stores, municipalities, farmers, golf courses, universities, small airports and many other businesses. In addition to our environmental expertise, we are also able to provide our clients access to an array of many other important insurance products of nationally recognized insurance carriers. Our mission is simple: To help our clients realize greater success today, and every day, by offering easy, cost-efficient access to all of the insurance products, services and expertise that they need to thrive. We understand that insurance is one of our client's most critical decisions. The right choices and the wrong ones can have an enormous impact on our clients' future, as well as their future success. No matter the size or specialty of our clients' business, PolicyManagers offers access to a variety of leading-edge insurance products and services, customized to meet their specific requirements. Through our long standing relationships with the nation's leading insurance carriers, we provide our clients with a single point of connection to a wide variety of insurance products, for all sizes and sectors of business. Policy Managers® provides dedicated and experienced underwriting professionals that are here to help you and your clients with your important insurance needs. Our Services Include: Experienced Underwriting, Underwriting Program Authority, Policy Binding & Issuance, Premium Billing & Collections, Premium Remittance, Professional Customer Service, ...

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What Skills Does a person Need at Policy Managers?

At Policy Managers, 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 Policy Managers

Job Title Average Policy Managers Salary Hourly Rate
2 Administrative Assistant $41,237 $20
3 Senior Account Executive $69,758 $34

Hourly Pay at Policy Managers

The average hourly pay at Policy Managers for an Underwriter is $35 per hour. The location, department, and job description all have an impact on the typical compensation for Policy Managers positions. The pay range and total remuneration for the job title are shown in the table below. Policy Managers may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $73,055 look to you?

FAQ about Salary and Jobs at Policy Managers

1. How much does Policy Managers 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 Policy Managers?
According to the data, the highest approximate salary is about $82,101 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 Policy Managers?
According to the data, the lowest estimated salary is about $65,874 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.