How much does an Underwriter I make in West Virginia? The average Underwriter I salary in West Virginia is $54,785 as of February 26, 2024, but the range typically falls between $48,931 and $62,169. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

500+ Underwriter job openings Go >
Underwriter I Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Underwriter I Salary $43,601 WV February 26, 2024
25th Percentile Underwriter I Salary $48,931 WV February 26, 2024
50th Percentile Underwriter I Salary $54,785 WV February 26, 2024
75th Percentile Underwriter I Salary $62,169 WV February 26, 2024
90th Percentile Underwriter I Salary $68,892 WV February 26, 2024
25% $48,931 10% $43,601 90% $68,892 75% $62,169 $54,785 50%(Median) Didn’t find job title? Click
Change Search Criteria

What skills does an Underwriter I need?

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.

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.

Health Insurance: Health insurance is a type of insurance coverage that pays for health and medical expenses. Health insurance covers some or all of the costs of routine care, emergency care, and treatment for chronic illnesses.

3.

Financial Accounting: Financial accounting (or financial accountancy) is the field of accounting concerned with the summary, analysis and reporting of financial transactions related to a business. This involves the preparation of financial statements available for public use. Stockholders, suppliers, banks, employees, government agencies, business owners, and other stakeholders are examples of people interested in receiving such information for decision making purposes. Financial accountancy is governed by both local and international accounting standards. Generally Accepted Accounting Principles (GAAP) is the standard framework of guidelines for financial accounting used in any given jurisdiction. It includes the standards, conventions and rules that accountants follow in recording and summarizing and in the preparation of financial statements. On the other hand, International Financial Reporting Standards (IFRS) is a set of passionable accounting standards stating how particular types of transactions and other events should be reported in financial statements. IFRS are issued by the International Accounting Standards Board (IASB). With IFRS becoming more widespread on the international scene, consistency in financial reporting has become more prevalent between global organizations.

Analysis 6.39%
Health Insurance 1.39%
Financial Accounting 1.11%
Others 91.11%

Job Description for Underwriter I

Underwriter I reviews and analyzes risk characteristics on insurance applications, renewals, and change requests. Utilizes underwriting guidelines, rules, standards, and levels of authority to accept, reject, or mitigate risk for applications and determine appropriate premiums, limits, and coverages. Being an Underwriter I calculates renewal rates. Ensures that underwriting activities comply with all industry and governmental regulations. Additionally, Underwriter I may coordinate with field agents to collect or clarify information or decisions. Typically requires a bachelor's degree or equivalent. Typically reports to a supervisor or manager. The Underwriter I work is closely managed. Works on projects/matters of limited complexity in a support role. To be an Underwriter I typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)... View full job description

Employers: Job Description Management Tool

See user submitted job responsibilities for Underwriter I.

Salary.com job board provides millions of Underwriter I information for you to search for. Click on search button below to see Underwriter I job openings or enter a new job title here.

Job Openings for Underwriter I in West Virginia

Select a city to view specific salary and bonus information for Underwriter I

Loading results...
Location Avg. Salary Date Updated
Location Weirton, WV Avg. Salary $59,312 Date Updated February 26, 2024
Location Wheeling, WV Avg. Salary $59,562 Date Updated February 26, 2024
Location Accoville, WV Avg. Salary $54,932 Date Updated February 26, 2024
Location Adrian, WV Avg. Salary $53,539 Date Updated February 26, 2024
Location Advent, WV Avg. Salary $55,127 Date Updated February 26, 2024
Location Albright, WV Avg. Salary $57,694 Date Updated February 26, 2024
Location Alderson, WV Avg. Salary $55,882 Date Updated February 26, 2024
Location Alkol, WV Avg. Salary $54,498 Date Updated February 26, 2024
Location Allen Junction, WV Avg. Salary $54,932 Date Updated February 26, 2024
Location Alloy, WV Avg. Salary $54,932 Date Updated February 26, 2024

Career Path for Underwriter I

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Underwriter I, the first career path typically starts with a Health Underwriter position, and then Health Underwriting Manager.

The second career path typically starts with an Underwriter (Life) II position, and then progresses to Life Underwriting Supervisor.

The third career path typically starts with an Underwriter (P/C) II position, and then progresses to Underwriter (P/C) IV.

Additionally, the fourth career path typically starts with an Underwriter II position, and then progresses to Underwriter IV.

Not the job you're looking for? Search more salaries here:
See if your skills match up? Check skills for Underwriter I

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst

Jobs with a similar salary range to Underwriter I : Paper Conservator, Pediatric Dialysis Nurse, Aerotek Account Manager

Underwriter I Salary in West Virginia
Underwriter I Salary Graph, Regional Distribution and Summary