How much does an Insurance Underwriter II make in Rochester, MN? The average Insurance Underwriter II salary in Rochester, MN is $72,900 as of February 26, 2024, but the range typically falls between $65,300 and $84,100. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Percentile | Salary | Location | Last Updated |
10th Percentile Insurance Underwriter II Salary | $58,381 | Rochester,MN | February 26, 2024 |
25th Percentile Insurance Underwriter II Salary | $65,300 | Rochester,MN | February 26, 2024 |
50th Percentile Insurance Underwriter II Salary | $72,900 | Rochester,MN | February 26, 2024 |
75th Percentile Insurance Underwriter II Salary | $84,100 | Rochester,MN | February 26, 2024 |
90th Percentile Insurance Underwriter II Salary | $94,297 | Rochester,MN | February 26, 2024 |
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The Insurance Underwriter II 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 II ensures that underwriting activities comply with all industry and governmental regulations. Calculates renewal rates. In addition, Insurance Underwriter II 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 II occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. Working as a Insurance Underwriter II typically requires 2-4 years of related experience. (Copyright 2024 Salary.com)
0 - 2 years experience
Bachelor's Degree
2 - 4 years experience
Bachelor's Degree
4 - 7 years experience
Bachelor's Degree
Salary.com's CompAnalyst platform offers:
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Job Title Loan Underwriter II | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
Job Title Mortgage Underwriter I | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
Job Title Mortgage Underwriter II | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
Job Title Mortgage Underwriter III | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
Job Title Underwriter (Life) II | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
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About Rochester, Minnesota Rochester is a city founded in 1854 in the U.S. State of Minnesota and is the county seat of Olmsted County located on the Zumbro River's south fork i....More
Rochester, Minnesota area prices were up 1.3% from a year ago View the Cost of Living in Rochester, Minnesota
Insurance Underwriter II Salary in popular cities: Minneapolis, Saint Paul, Duluth
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