Insurance Underwriter IV Salary in Minnesota
Insurance Underwriter IV Salary in Minnesota
How much does an Insurance Underwriter IV make in Minnesota? The average Insurance Underwriter IV salary in Minnesota is $115,100 as of March 26, 2024, but the range typically falls between $99,400 and $133,200. 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 IV Salary | $85,106 | MN | March 26, 2024 |
| 25th Percentile Insurance Underwriter IV Salary | $99,400 | MN | March 26, 2024 |
| 50th Percentile Insurance Underwriter IV Salary | $115,100 | MN | March 26, 2024 |
| 75th Percentile Insurance Underwriter IV Salary | $133,200 | MN | March 26, 2024 |
| 90th Percentile Insurance Underwriter IV Salary | $149,679 | MN | March 26, 2024 |
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Job Description
The Insurance Underwriter IV 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 an Insurance Underwriter IV ensures that underwriting activities comply with all industry and governmental regulations. Calculates renewal rates. In addition, Insurance Underwriter IV 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 an Insurance Underwriter IV work is highly independent. May assume a team lead role for the work group. A specialist on complex technical and business matters. Working as an Insurance Underwriter IV typically requires 7+ years of related experience. (Copyright 2024 Salary.com)
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United Wholesale Mortgage - Pontiac, MIUnited Wholesale Mortgage (UWM) is America’s #1 mortgage lender and we’re looking to fill an immediate need for underwriters. When you join UWM as an under...- 8 Months Ago
Career Path for this job
-
Down a level:
Insurance Underwriter III
4 - 7 years experience
Bachelor's Degree -
This Job:
Insurance Underwriter IV
7 + years experience
Bachelor's Degree -
Up a level:
Insurance Underwriter V
10 + years experience
Bachelor's Degree
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Select a city to view specific salary and bonus information for Insurance Underwriter IV
| Location | Avg. Salary | Date Updated |
|---|---|---|
| Location Lakeville, MN | Avg. Salary $118,494 | Date Updated March 26, 2024 |
| Location Minnetonka, MN | Avg. Salary $119,281 | Date Updated March 26, 2024 |
| Location Ada, MN | Avg. Salary $106,240 | Date Updated March 26, 2024 |
| Location Adams, MN | Avg. Salary $111,636 | Date Updated March 26, 2024 |
| Location Adolph, MN | Avg. Salary $108,601 | Date Updated March 26, 2024 |
| Location Adrian, MN | Avg. Salary $100,394 | Date Updated March 26, 2024 |
| Location Afton, MN | Avg. Salary $118,382 | Date Updated March 26, 2024 |
| Location Ah Gwah Ching, MN | Avg. Salary $107,926 | Date Updated March 26, 2024 |
| Location Aitkin, MN | Avg. Salary $108,713 | Date Updated March 26, 2024 |
| Location Akeley, MN | Avg. Salary $108,039 | Date Updated March 26, 2024 |
About Minnesota
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Level of Education
- Insurance Underwriter IV Salaries with No Diploma
- Insurance Underwriter IV Salaries with a High School Diploma or Technical Certificate
- Insurance Underwriter IV Salaries with an Associate's Degree
- Insurance Underwriter IV Salaries with a Bachelor's Degree
- Insurance Underwriter IV Salaries with a Master's Degree or MBA
- Insurance Underwriter IV Salaries with a JD, MD, PhD or Equivalent
Most Popular Cities for Insurance Underwriter IV Job
- Houston, TX Insurance Underwriter IV
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About Minnesota Minnesota (/ˌmɪnɪˈsoʊtə/ (listen)) is a state in the Upper Midwest and northern regions of the United States. Minnesota was admitted as the 32nd U.S. ....More
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