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Life Insurance Underwriter I Salary in Louisville, Kentucky

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Life Insurance Underwriter I Salary in Louisville, KY

What is the highest and lowest pay for Life Insurance Underwriter I?

As of December 01, 2024, the average annual pay of Life Insurance Underwriter I in Louisville, KY is $54,410. While Salary.com is seeing that the highest pay for Life Insurance Underwriter I in Louisville, KY can go up to $66,809 and the lowest down to $43,826, but most earn between $48,870 and $60,900. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Life Insurance Underwriter I in the United States.

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Life Insurance Underwriter I Salaries by Percentile
Annual
Salary		 Monthly
Pay		 Weekly
Pay		 Hourly
Wage
75th Percentile $60,900 $5,075 $1,171 $29
Average $54,410 $4,534 $1,046 $26
25th Percentile $48,870 $4,073 $940 $23
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Average Salary

25% $48,870 10% $43,826 90% $66,809 75% $60,900 $54,410 50%(Median) Didn’t find job title? Click
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View Life Insurance Underwriter I Salary by Hour, Week, Month, Year

Salary.com provides you with accurate and diversified Life Insurance Underwriter I salary data based on specialized databases to help you get a fairer salary. Click the switch button below to see more details about Life Insurance Underwriter I hourly pay, weekly pay, monthly pay and so on.

Last Updated on December 01, 2024
$48,870
Average
$54,410/year
$60,900
$4,073
Average
$4,534/month
$5,075
$940
Average
$1,046/week
$1,171
$23
Average
$26/hour
$29
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $60,900 $5,075 $1,171 $29
Average $54,410 $4,534 $1,046 $26
25th Percentile $48,870 $4,073 $940 $23
Last Updated on December 01, 2024

View Life Insurance Underwriter I Salary by Experience Levels

An entry-level Life Insurance Underwriter I with under 1 year experience makes about $53,746. With less than 2 years of experience, a mid-level Life Insurance Underwriter I makes around $54,157. After 2-4 years, the Life Insurance Underwriter I pay rises to about $55,317. Those senior Life Insurance Underwriter I with 5-8 years of experience earn roughly $56,089, and those Life Insurance Underwriter I having 8 years or more experience are expected to earn about $56,283 on average.

Levels Salary
Entry Level Life Insurance Underwriter I $53,746
Intermediate Level Life Insurance Underwriter I $54,157
Senior Level Life Insurance Underwriter I $55,317
Specialist Level Life Insurance Underwriter I $56,089
Expert Level Life Insurance Underwriter I $56,283
$53,746 0 yr
$54,157 < 2 yrs
$55,317 2-4 yrs
$56,089 5-8 yrs
$56,283 > 8 yrs
Last Updated on December 01, 2024
Entry Level 1%
Mid Level 0%
Senior Level 2%
Top Level 3%
Experienced 3%
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Last Updated on December 01, 2024

Highest Paying Cities in Kentucky for Life Insurance Underwriter I

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Salaries of Jobs Related to Life Insurance Underwriter I

Job Openings of Life Insurance Underwriter I

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Cost of Living In Louisville, KY

Cost of Living in Louisville , KY is
-3.2% Lower
than the National Average
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Best-Paid Skills and Qualifications for Life Insurance Underwriter I

What skills does a Life Insurance Underwriter I need?

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.

1.

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.

Pricing: Pricing is a process of fixing the value that a manufacturer will receive in the exchange of services and goods.

3.

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.

See More Skills
Analysis 5.62%
Pricing 1.96%
Futures 1.19%
Others 91.23%
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What skills can make your compensation higher?
Mastering certain skills can make the compensation of a Life Insurance Underwriter I higher. Salary.com's Real-time Job Posting Salary Data provides you the latest highly compensated skills to help you get a higher pay. For example, if you master Accuracy and Attention to Detail, you can get a 38% salary raise. If you are good at Managing Multiple Priorities, your salary will increase by 38%. If you are expert in Office Support Tools, your salary will rise by 38%.
Skill Salary Demand
Accuracy and Attention to Detail
 $75,086
38%
Managing Multiple Priorities
 $75,086
38%
Office Support Tools
 $75,086
38%
Credit Analysis and Verification
 $75,086
38%
Negotiating
 $71,277
31%
Decision Making and Critical Thinking
 $62,572
15%
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Last Updated on December 01, 2024

About Our Data

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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The average salary for a Life Insurance Underwriter I is $54,410 per year in Louisville, KY, updated at December 01, 2024.
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