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How much does an Insurance Underwriter I make in Taylor, MI? The average Insurance Underwriter I salary in Taylor, MI is $61,550 as of April 24, 2024, but the range typically falls between $54,970 and $69,850. 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 $48,979 Taylor,MI April 24, 2024
25th Percentile Insurance Underwriter I Salary $54,970 Taylor,MI April 24, 2024
50th Percentile Insurance Underwriter I Salary $61,550 Taylor,MI April 24, 2024
75th Percentile Insurance Underwriter I Salary $69,850 Taylor,MI April 24, 2024
90th Percentile Insurance Underwriter I Salary $77,407 Taylor,MI April 24, 2024
25% $54,970 10% $48,979 90% $77,407 75% $69,850 $61,550 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 Taylor, MI
  • Description. We're rapidly expanding and looking for an insurance underwriting assistant to help move insurance policy decisions forward. In this position,...
    - 3 Days Ago
  • Job Description. Chubb is currently seeking a Middle Market Commercial Underwriter in Michigan. Position Description. As a Middle Market Underwriter, respo...
    - 2 Days Ago
  • The Beeler Agency, a partner of Symmetry Financial Group, is looking for driven sales representatives to become a part of our team and help in protecting f...
    - 4 Days Ago
  • Description. As northern Michigan's largest healthcare system, we are deeply connected to the communities we serve and committed to caring for our families...
    - 3 Months Ago
  • Job Title: Phlebotomist I. Location: Eustis FL. Duration: 3 Months extendable contract. Shift/Time Zone: Monday through Friday - 6:30 am to 3:30 pm EST, wi...
    - Just Posted

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

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54970
69850
61550

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
56670
73400
63870
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 Taylor, MI. The base salary for Insurance Underwriter I ranges from $54,970 to $69,850 with the average base salary of $61,550. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $56,670 to $73,400 with the average total cash compensation of $63,870.
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54970
69850

 

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About Taylor, Michigan    Taylor is a city in Wayne County in the U.S. state of Michigan. Its population was 63,131 at the 2010 census. Originally known as Taylor Township, its....More

Taylor, Michigan  area prices were up 1.2% from a year ago    View the Cost of Living in Taylor, Michigan

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