How much does an Insurance Underwriter III make in New Mexico? The average Insurance Underwriter III salary in New Mexico is $87,200 as of April 24, 2024, but the range typically falls between $77,700 and $100,200. 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 | $69,051 | NM | April 24, 2024 |
25th Percentile Insurance Underwriter III Salary | $77,700 | NM | April 24, 2024 |
50th Percentile Insurance Underwriter III Salary | $87,200 | NM | April 24, 2024 |
75th Percentile Insurance Underwriter III Salary | $100,200 | NM | April 24, 2024 |
90th Percentile Insurance Underwriter III Salary | $112,036 | NM | April 24, 2024 |
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)
2 - 4 years experience
Bachelor's Degree
4 - 7 years experience
Bachelor's Degree
7 + years experience
Bachelor's Degree
Salary.com's CompAnalyst platform offers:
Location | Avg. Salary | Date Updated |
---|---|---|
Location Sunland Park, NM | Avg. Salary $82,365 | Date Updated April 24, 2024 |
Location Abiquiu, NM | Avg. Salary $87,944 | Date Updated April 24, 2024 |
Location Alamogordo, NM | Avg. Salary $84,351 | Date Updated April 24, 2024 |
Location Albuquerque, NM | Avg. Salary $88,890 | Date Updated April 24, 2024 |
Location Alcalde, NM | Avg. Salary $87,944 | Date Updated April 24, 2024 |
Location Algodones, NM | Avg. Salary $87,755 | Date Updated April 24, 2024 |
Location Alto, NM | Avg. Salary $82,932 | Date Updated April 24, 2024 |
Location Amalia, NM | Avg. Salary $87,944 | Date Updated April 24, 2024 |
Location Amistad, NM | Avg. Salary $85,202 | Date Updated April 24, 2024 |
Location Angel Fire, NM | Avg. Salary $87,944 | Date Updated April 24, 2024 |
Job Title | Experience | EDUCATION | Salary Compared to This Job |
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Job Title Loan Underwriter III | Experience 4 - 7 | 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) III | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
About New Mexico New Mexico (Spanish: Nuevo México Spanish pronunciation: [ˈnweβo ˈmexiko] (listen), Navajo: Yootó Hahoodzo pronounced [jòːtxó xɑ̀xʷòːtsò]) is a state ....More
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