As of December 01, 2024, the average annual pay of Entry Underwriter (Life) in Washington, DC is $63,400. While Salary.com is seeing that Entry Underwriter (Life) salary in Washington, DC can go up to $77,728 or down to $50,982, but most earn between $56,900 and $70,900. 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 | $70,900 | $5,908 | $1,363 | $34 |
| Average | $63,400 | $5,283 | $1,219 | $30 |
| 25th Percentile | $56,900 | $4,742 | $1,094 | $27 |
An entry-level Entry Underwriter (Life) with under 1 year experience makes about $62,625. With less than 2 years of experience, a mid-level Entry Underwriter (Life) makes around $63,107. After 2-4 years, the Entry Underwriter (Life) pay rises to about $64,463. Those senior Entry Underwriter (Life) with 5-8 years of experience earn roughly $65,366, and those Entry Underwriter (Life) having 8 years or more experience are expected to earn about $65,592 on average.
| Levels | Salary |
|---|---|
| Entry Level Entry Underwriter (Life) | $62,625 |
| Intermediate Level Entry Underwriter (Life) | $63,107 |
| Senior Level Entry Underwriter (Life) | $64,463 |
| Specialist Level Entry Underwriter (Life) | $65,366 |
| Expert Level Entry Underwriter (Life) | $65,592 |
| Entry Level | 1% |
| Mid Level | 0% |
| 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
|
$87,492 |
38%
|
|
Managing Multiple Priorities
|
$87,492 |
38%
|
|
Office Support Tools
|
$87,492 |
38%
|
|
Credit Analysis and Verification
|
$87,492 |
38%
|
|
Negotiating
|
$83,054 |
31%
|
|
Decision Making and Critical Thinking
|
$72,910 |
15%
|
