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How much does an Insurance Underwriter I make in New Suffolk, NY? The average Insurance Underwriter I salary in New Suffolk, NY is $66,200 as of April 24, 2024, but the range typically falls between $59,120 and $75,120. 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 $52,674 New Suffolk,NY April 24, 2024
25th Percentile Insurance Underwriter I Salary $59,120 New Suffolk,NY April 24, 2024
50th Percentile Insurance Underwriter I Salary $66,200 New Suffolk,NY April 24, 2024
75th Percentile Insurance Underwriter I Salary $75,120 New Suffolk,NY April 24, 2024
90th Percentile Insurance Underwriter I Salary $83,241 New Suffolk,NY April 24, 2024
25% $59,120 10% $52,674 90% $83,241 75% $75,120 $66,200 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)

Employers: Job Description Management Tool

Job Openings for Insurance Underwriter I in New Suffolk, NY
  • We're leading a search for a tax underwriter and are keen to speak with a CPA with a transactional tax background with strong deal sheet and technical comp...
    - 3 Days Ago
  • Job Description. We currently have a. Commercial Insurance Technology Renewal Underwriter. opening. This position supports the regional sales and productio...
    - 1 Day Ago
  • Job Description. Chubb is currently looking for an Executive Underwriter to join its Commercial Insurance Middle Market department in the White Plains, NY ...
    - 2 Days Ago
  • Job Description. Chubb Commercial Insurance is currently seeking a skilled Core Commercial Underwriter to join the Middle Market Commercial Insurance team ...
    - 3 Days Ago
  • Job Description. This Property Underwriter will manage a property renewal book while also producing new business. The position will primarily be focused on...
    - 5 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

 
 
 
59120
75120
66200

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
60950
78940
68690
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 New Suffolk, NY. The base salary for Insurance Underwriter I ranges from $59,120 to $75,120 with the average base salary of $66,200. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $60,950 to $78,940 with the average total cash compensation of $68,690.
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59120
75120

 

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About New Suffolk, New York    New Suffolk is a census-designated place (CDP) that roughly corresponds to the hamlet by the same name in the Town of Southold in Suffolk County, New ....More

New Suffolk, New York  area prices were up 1.6% from a year ago    View the Cost of Living in New Suffolk, New York

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