As of January 01, 2025, the average annual salary for a Life Insurance Underwriter I in Hopkinsville, KY is $51,330. According to Salary.com, salaries can range from a low of $41,357 to a high of $63,060, with most professionals earning between $46,110 and $57,470.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $57,470 | $4,789 | $1,105 | $28 |
| Average | $51,330 | $4,278 | $987 | $25 |
| 25th Percentile | $46,110 | $3,843 | $887 | $22 |
An entry-level Life Insurance Underwriter I with under 1 year experience makes about $50,597. With less than 2 years of experience, a mid-level Life Insurance Underwriter I makes around $50,985. After 2-4 years, the Life Insurance Underwriter I pay rises to about $52,076. Those senior Life Insurance Underwriter I with 5-8 years of experience earn roughly $52,804, and those Life Insurance Underwriter I having 8 years or more experience are expected to earn about $52,986 on average.
| Levels | Salary |
|---|---|
| Entry Level Life Insurance Underwriter I | $50,597 |
| Intermediate Level Life Insurance Underwriter I | $50,985 |
| Senior Level Life Insurance Underwriter I | $52,076 |
| Specialist Level Life Insurance Underwriter I | $52,804 |
| Expert Level Life Insurance Underwriter I | $52,986 |
| Entry Level | 1% |
| Mid Level | 1% |
| Senior Level | 1% |
| Top Level | 3% |
| Experienced | 3% |
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Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Pricing: Pricing is a process of fixing the value that a manufacturer will receive in the exchange of services and goods.
Futures: Futures are derivative financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and set price.
| Skill | Salary | Demand |
|---|---|---|
|
Accuracy and Attention to Detail
|
$70,835 |
38%
|
|
Managing Multiple Priorities
|
$70,835 |
38%
|
|
Office Support Tools
|
$70,835 |
38%
|
|
Credit Analysis and Verification
|
$70,835 |
38%
|
|
Negotiating
|
$67,242 |
31%
|
|
Decision Making and Critical Thinking
|
$59,030 |
15%
|
