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How much does an Insurance Underwriter I make in Iowa? The average Insurance Underwriter I salary in Iowa is $58,410 as of March 26, 2024, but the range typically falls between $52,170 and $66,280. 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.

Insurance Underwriter I Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Insurance Underwriter I Salary $46,489 IA March 26, 2024
25th Percentile Insurance Underwriter I Salary $52,170 IA March 26, 2024
50th Percentile Insurance Underwriter I Salary $58,410 IA March 26, 2024
75th Percentile Insurance Underwriter I Salary $66,280 IA March 26, 2024
90th Percentile Insurance Underwriter I Salary $73,445 IA March 26, 2024
25% $52,170 10% $46,489 90% $73,445 75% $66,280 $58,410 50%(Median) Didn’t find job title? Click
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Job Description

The Insurance Underwriter I utilizes underwriting guidelines, rules, standards, and levels of authority to accept, reject, or mitigate risk for applications and determine appropriate premiums, limits, and coverages. Reviews and analyzes risk characteristics on insurance applications, renewals, and change requests. Being a Insurance Underwriter I ensures that underwriting activities comply with all industry and governmental regulations. Calculates renewal rates. In addition, Insurance 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. Being a Insurance Underwriter I work is closely managed. Works on projects/matters of limited complexity in a support role. Working as a Insurance Underwriter I typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)

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Job Openings for Insurance Underwriter I in Iowa

Career Path for this job

  1. This Job:

    Insurance Underwriter I

    0 - 2 years experience
    Bachelor's Degree

  2. Up a level:

    Insurance Underwriter II

    2 - 4 years experience
    Bachelor's Degree

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

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Location Avg. Salary Date Updated
Location Ackley, IA Avg. Salary $55,899 Date Updated March 26, 2024
Location Ackworth, IA Avg. Salary $58,950 Date Updated March 26, 2024
Location Adair, IA Avg. Salary $58,645 Date Updated March 26, 2024
Location Adel, IA Avg. Salary $58,828 Date Updated March 26, 2024
Location Afton, IA Avg. Salary $58,645 Date Updated March 26, 2024
Location Agency, IA Avg. Salary $58,279 Date Updated March 26, 2024
Location Ainsworth, IA Avg. Salary $57,851 Date Updated March 26, 2024
Location Akron, IA Avg. Salary $53,763 Date Updated March 26, 2024
Location Albert City, IA Avg. Salary $53,702 Date Updated March 26, 2024
Location Albia, IA Avg. Salary $58,645 Date Updated March 26, 2024

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