As of December 01, 2024, the average annual pay of Entry Underwriter (Life) in Akron, OH is $55,000. While Salary.com is seeing that Entry Underwriter (Life) salary in Akron, OH can go up to $67,418 or down to $44,301, but most earn between $49,400 and $61,500. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Entry Underwriter (Life) in the United States.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $61,500 | $5,125 | $1,183 | $30 |
| Average | $55,000 | $4,583 | $1,058 | $26 |
| 25th Percentile | $49,400 | $4,117 | $950 | $24 |
An entry-level Entry Underwriter (Life) with under 1 year experience makes about $54,298. With less than 2 years of experience, a mid-level Entry Underwriter (Life) makes around $54,716. After 2-4 years, the Entry Underwriter (Life) pay rises to about $55,891. Those senior Entry Underwriter (Life) with 5-8 years of experience earn roughly $56,674, and those Entry Underwriter (Life) having 8 years or more experience are expected to earn about $56,870 on average.
| Levels | Salary |
|---|---|
| Entry Level Entry Underwriter (Life) | $54,298 |
| Intermediate Level Entry Underwriter (Life) | $54,716 |
| Senior Level Entry Underwriter (Life) | $55,891 |
| Specialist Level Entry Underwriter (Life) | $56,674 |
| Expert Level Entry Underwriter (Life) | $56,870 |
| Entry Level | 1% |
| Mid Level | 1% |
| Senior Level | 2% |
| Top Level | 3% |
| Experienced | 3% |
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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.
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Pricing: Pricing is a process of fixing the value that a manufacturer will receive in the exchange of services and goods.
Futures: Futures are derivative financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and set price.
| Skill | Salary | Demand |
|---|---|---|
|
Accuracy and Attention to Detail
|
$75,900 |
38%
|
|
Managing Multiple Priorities
|
$75,900 |
38%
|
|
Office Support Tools
|
$75,900 |
38%
|
|
Credit Analysis and Verification
|
$75,900 |
38%
|
|
Negotiating
|
$72,050 |
31%
|
|
Decision Making and Critical Thinking
|
$63,250 |
15%
|
