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Insurance Underwriter V Salary in Miami, Florida

Insurance Underwriter V Salary in Miami, FL

How much does an Insurance Underwriter V make in Miami, FL? The average Insurance Underwriter V salary in Miami, FL is $141,100 as of April 24, 2024, but the range typically falls between $119,500 and $166,300. 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 V Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Insurance Underwriter V Salary $99,834 Miami,FL April 24, 2024
25th Percentile Insurance Underwriter V Salary $119,500 Miami,FL April 24, 2024
50th Percentile Insurance Underwriter V Salary $141,100 Miami,FL April 24, 2024
75th Percentile Insurance Underwriter V Salary $166,300 Miami,FL April 24, 2024
90th Percentile Insurance Underwriter V Salary $189,243 Miami,FL April 24, 2024
25% $119,500 10% $99,834 90% $189,243 75% $166,300 $141,100 50%(Median) Didn’t find job title? Click
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Check out Insurance Underwriter V Job Openings in Miami, Florida

Life Insurance Processor/Underwriter

Equitable - Miami, FL

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Property Insurance Underwriter

West Point Insurance Services - Pinellas Park, FL

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Insurance Phone Interviewer/Underwriter

FrankCrum Staffing - Clearwater, FL

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Commercial Insurance Underwriter - Aviation Based

CRC Insurance Services, Inc. - Orlando, FL

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Job Description

The Insurance Underwriter V 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 V ensures that underwriting activities comply with all industry and governmental regulations. Calculates renewal rates. In addition, Insurance Underwriter V 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 V works autonomously. Goals are generally communicated in "solution" or project goal terms. May provide a leadership role for the work group through knowledge in the area of specialization. Works on advanced, complex technical projects or business issues requiring state of the art technical or industry knowledge. Working as an Insurance Underwriter V typically requires 10+ years of related experience. (Copyright 2024 Salary.com)

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Job Openings for Insurance Underwriter V in Miami, FL
  • Equitable - Miami, FL
    Job Overview. Equitable Advisors is one of the leading companies in our field in the area. We are hiring a talented Life Insurance Underwriter professional...
    - 3 Days Ago
  • West Point Insurance Services - Pinellas Park, FL
    We are growing and looking for an underwriter to join our team. Who are we. Created in 1999, West Point is committed to providing both technical and busine...
    - 2 Days Ago
  • FrankCrum Staffing - Clearwater, FL
    Description. JOB SUMMARY. This position is located in Clearwater, Florida. Interviewing applicants for insurance products which may include Medicare. Suppl...
    - 4 Days Ago
  • CRC Insurance Services, Inc. - Orlando, FL
    The position is described below. If you want to apply, click the Apply button at the top or bottom of this page. You'll be required to create an account or...
    - 4 Days Ago
  • Thompson Agency - Jacksonville, FL
    Job Description. Job Description. MUST HAVE. Ready to start. IMMEDIATELY. WINNERS. Mindset. Self-Motivated. Goal Oriented. Believer in Self-Discipline. Dri...
    - 4 Days Ago

Career Path for this job

  1. Down a level:

    Insurance Underwriter IV

    7 + years experience
    Bachelor's Degree

  2. This Job:

    Insurance Underwriter V

    10 + years experience
    Bachelor's Degree

  3. Up a level:

    Underwriting Operations Supervisor

    3 - 5 years experience
    Bachelor's Degree

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

Average Base Salary

Core compensation

 
 
 
119500
166300
141100

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
130800
195800
159500
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Insurance Underwriter V in Miami, FL. The base salary for Insurance Underwriter V ranges from $119,500 to $166,300 with the average base salary of $141,100. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $130,800 to $195,800 with the average total cash compensation of $159,500.
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119500
166300

 

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About Miami, Florida    Miami, officially the City of Miami, is the cultural, economic and financial center of South Florida. Miami is the seat of Miami-Dade County, the most....More

Miami, Florida  area prices were up 2.9% from a year ago    View the Cost of Living in Miami, Florida

Insurance Underwriter V Salary in popular cities: Jacksonville, Tampa, Saint Petersburg

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