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Hourly Wage for Life Insurance Underwriter III Salary in the United States

Hourly Wage for Life Insurance Underwriter III Salary

How much does an Life Insurance Underwriter III make hourly in the United States? The average hourly wage for an Life Insurance Underwriter III in the United States is $47 as of March 26, 2024, but the range typically falls between $42 and $51. Hourly rate 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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Life Insurance Underwriter III Salaries by Percentile
Percentile Hourly Pay Rate Location Last Updated
10th Percentile Life Insurance Underwriter III Salary $37 US March 26, 2024
25th Percentile Life Insurance Underwriter III Salary $42 US March 26, 2024
50th Percentile Life Insurance Underwriter III Salary $47 US March 26, 2024
75th Percentile Life Insurance Underwriter III Salary $51 US March 26, 2024
90th Percentile Life Insurance Underwriter III Salary $56 US March 26, 2024
25% $42 10% $37 90% $56 75% $51 $47 50%(Median) Didn’t find job title? Click
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Check out Life Insurance Underwriter III Job Openings in Columbus, Ohio

Senior Underwriter - AgriBusiness

Great American Insurance Group - Cincinnati, OH

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Thompson Agency - Cincinnati, OH

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Commercial Insurance Advisor

Bickle Insurance Services, LLC - Cincinnati, OH

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CrossCountry Mortgage, LLC. - Cleveland, OH

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Job Description

The Life Insurance Underwriter III calculates rates and premiums from approved decrement tables. Reviews medical, occupational, financial, and legal information to select or reject individual or group life insurance applications. Being a Life Insurance Underwriter III typically requires a bachelor's degree. Approves or denies applications on own discretion. In addition, Life Insurance Underwriter III typically reports to a manager. Being a Life Insurance Underwriter III contributes to moderately complex aspects of a project. Work is generally independent and collaborative in nature. Working as a Life Insurance Underwriter III typically requires 4 to 7 years of related experience. (Copyright 2024 Salary.com)

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Job Openings for Life Insurance Underwriter III

Career Path for this job

  1. Down a level:

    Intermediate Underwriter (Life)

    2 - 4 years experience
    Bachelor's Degree

  2. This Job:

    Life Insurance Underwriter III

    4 - 7 years experience
    Bachelor's Degree

  3. Up a level:

    Life Insurance Underwriting Supervisor

    3 + years experience
    Bachelor's Degree

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Understand the total hourly compensation opportunity for a Life Insurance Underwriter III, hourly wage plus other pay elements

Average Hourly Wage

Core compensation

 
 
 
42
51
47

Average Total Hourly Cash Compensation

Includes base and short-term incentives

 
 
 
45
56
50
These charts show the average hourly wage (core compensation), as well as the average total hourly cash compensation for the job of Life Insurance Underwriter III in the United States. The average hourly rate for Life Insurance Underwriter III ranges from $42 to $51 with the average hourly pay of $47. The total hourly cash compensation, which includes base and short-term incentives, can vary anywhere from $45 to $56 with the average total hourly cash compensation of $50.
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42
51

 

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Salary estimation for Life Insurance Underwriter III at companies like : Databar, Companies US Inc, Pelakstudios Co

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