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How much does an Insurance Underwriter I make in Amherst, CO? The average Insurance Underwriter I salary in Amherst, CO is $58,120 as of April 24, 2024, but the range typically falls between $51,910 and $65,960. 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.

Insurance Underwriter I Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Insurance Underwriter I Salary $46,256 Amherst,CO April 24, 2024
25th Percentile Insurance Underwriter I Salary $51,910 Amherst,CO April 24, 2024
50th Percentile Insurance Underwriter I Salary $58,120 Amherst,CO April 24, 2024
75th Percentile Insurance Underwriter I Salary $65,960 Amherst,CO April 24, 2024
90th Percentile Insurance Underwriter I Salary $73,098 Amherst,CO April 24, 2024
25% $51,910 10% $46,256 90% $73,098 75% $65,960 $58,120 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 Amherst, CO
  • Why USAA. Let’s do something that really matters. At USAA, we have an important mission: facilitating the financial security of millions of U.S. military m...
    - 2 Days Ago
  • Why USAA. Let’s do something that really matters. At USAA, we have an important mission: facilitating the financial security of millions of U.S. military m...
    - 2 Days Ago
  • Why USAA. Let’s do something that really matters. At USAA, we have an important mission: facilitating the financial security of millions of U.S. military m...
    - 1 Day Ago
  • Why USAA. Let’s do something that really matters. At USAA, we have an important mission: facilitating the financial security of millions of U.S. military m...
    - 2 Days Ago
  • Why USAA. Let’s do something that really matters. At USAA, we have an important mission: facilitating the financial security of millions of U.S. military m...
    - 2 Days Ago

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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Average Base Salary

Core compensation

 
 
 
51910
65960
58120

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
53520
69310
60310
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Insurance Underwriter I in Amherst, CO. The base salary for Insurance Underwriter I ranges from $51,910 to $65,960 with the average base salary of $58,120. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $53,520 to $69,310 with the average total cash compensation of $60,310.
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51910
65960

 

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About Amherst, Colorado    Amherst is a census-designated place and U.S. Post Office in Phillips County, Colorado, United States. The population as of the 2010 Census was 58. Th....More

Amherst, Colorado  area prices were up 2.3% from a year ago    View the Cost of Living in Amherst, Colorado

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