Insurance Underwriter III Salary in Maryland
Insurance Underwriter III Salary in Maryland
How much does an Insurance Underwriter III make in Maryland? The average Insurance Underwriter III salary in Maryland is $97,500 as of April 24, 2024, but the range typically falls between $86,800 and $112,100. 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.
| Percentile | Salary | Location | Last Updated |
| 10th Percentile Insurance Underwriter III Salary | $77,058 | MD | April 24, 2024 |
| 25th Percentile Insurance Underwriter III Salary | $86,800 | MD | April 24, 2024 |
| 50th Percentile Insurance Underwriter III Salary | $97,500 | MD | April 24, 2024 |
| 75th Percentile Insurance Underwriter III Salary | $112,100 | MD | April 24, 2024 |
| 90th Percentile Insurance Underwriter III Salary | $125,393 | MD | April 24, 2024 |
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Job Description
The Insurance Underwriter III 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 III ensures that underwriting activities comply with all industry and governmental regulations. Calculates renewal rates. In addition, Insurance Underwriter III 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 III work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. Working as a Insurance Underwriter III typically requires 4-7 years of related experience. (Copyright 2024 Salary.com)
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Diedre Moire Corp. - Ellicott City, MDInsurance Underwriter - Real Estate Investor P&C - Ellicott City, MD Ensure a profitable book of Habitational Real Estate property insurance business by ap...- 2 Days Ago
Career Path for this job
-
Down a level:
Insurance Underwriter II
2 - 4 years experience
Bachelor's Degree -
This Job:
Insurance Underwriter III
4 - 7 years experience
Bachelor's Degree -
Up a level:
Insurance Underwriter IV
7 + years experience
Bachelor's Degree
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Select a city to view specific salary and bonus information for Insurance Underwriter III
| Location | Avg. Salary | Date Updated |
|---|---|---|
| Location Dundalk, MD | Avg. Salary $97,211 | Date Updated April 24, 2024 |
| Location Abell, MD | Avg. Salary $104,777 | Date Updated April 24, 2024 |
| Location Aberdeen, MD | Avg. Salary $95,226 | Date Updated April 24, 2024 |
| Location Aberdeen Proving Ground, MD | Avg. Salary $95,793 | Date Updated April 24, 2024 |
| Location Abingdon, MD | Avg. Salary $95,320 | Date Updated April 24, 2024 |
| Location Accident, MD | Avg. Salary $84,634 | Date Updated April 24, 2024 |
| Location Accokeek, MD | Avg. Salary $105,060 | Date Updated April 24, 2024 |
| Location Adamstown, MD | Avg. Salary $102,791 | Date Updated April 24, 2024 |
| Location Allen, MD | Avg. Salary $100,521 | Date Updated April 24, 2024 |
| Location Andrews Air Force Base, MD | Avg. Salary $105,249 | Date Updated April 24, 2024 |
About Maryland
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Most Popular Cities for Insurance Underwriter III Job
- Baltimore, MD Insurance Underwriter III
- Philadelphia, PA Insurance Underwriter III
- Louisville, KY Insurance Underwriter III
- Hartford, CT Insurance Underwriter III
- Atlanta, GA Insurance Underwriter III
- New York, NY Insurance Underwriter III
- Pittsburgh, PA Insurance Underwriter III
- Minneapolis, MN Insurance Underwriter III
- Dallas, TX Insurance Underwriter III
- Boston, MA Insurance Underwriter III
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About Maryland Maryland (US: /ˈmɛrələnd/ (listen) MERR-əl-ənd) is a state in the Mid-Atlantic region of the United States, bordering Virginia, West Virginia, and the....More
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