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Insurance Underwriter III Salary in Pittsfield, Massachusetts

Insurance Underwriter III Salary in Pittsfield, MA

How much does an Insurance Underwriter III make in Pittsfield, MA? The average Insurance Underwriter III salary in Pittsfield, MA is $97,100 as of April 24, 2024, but the range typically falls between $86,400 and $111,500. 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.

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Insurance Underwriter III Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Insurance Underwriter III Salary $76,658 Pittsfield,MA April 24, 2024
25th Percentile Insurance Underwriter III Salary $86,400 Pittsfield,MA April 24, 2024
50th Percentile Insurance Underwriter III Salary $97,100 Pittsfield,MA April 24, 2024
75th Percentile Insurance Underwriter III Salary $111,500 Pittsfield,MA April 24, 2024
90th Percentile Insurance Underwriter III Salary $124,610 Pittsfield,MA April 24, 2024
25% $86,400 10% $76,658 90% $124,610 75% $111,500 $97,100 50%(Median) Didn’t find job title? Click
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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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Job Openings for Insurance Underwriter III in Pittsfield, MA

Career Path for this job

  1. Down a level:

    Insurance Underwriter II

    2 - 4 years experience
    Bachelor's Degree

  2. This Job:

    Insurance Underwriter III

    4 - 7 years experience
    Bachelor's Degree

  3. Up a level:

    Insurance Underwriter IV

    7 + years experience
    Bachelor's Degree

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Understand the total compensation opportunity for an Insurance Underwriter III, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
86400
111500
97100

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
91000
121700
103500
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Insurance Underwriter III in Pittsfield, MA. The base salary for Insurance Underwriter III ranges from $86,400 to $111,500 with the average base salary of $97,100. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $91,000 to $121,700 with the average total cash compensation of $103,500.
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86400
111500

 

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About Pittsfield, Massachusetts    Pittsfield is located at 42°27′N 73°15′W / 42.450°N 73.250°W / 42.450; -73.250 (42.4522, -73.2515). According to the United States Census Bureau, t....More

Pittsfield, Massachusetts  area prices were up 1.6% from a year ago    View the Cost of Living in Pittsfield, Massachusetts

Insurance Underwriter III Salary in popular cities: Boston, Worcester, Springfield

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