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Life Insurance Underwriter III Salary in Germantown, Maryland

Life Insurance Underwriter III Salary in Germantown, MD

How much does an Life Insurance Underwriter III make in Germantown, MD? The average Life Insurance Underwriter III salary in Germantown, MD is $105,000 as of April 24, 2024, but the range typically falls between $94,100 and $115,500. 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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Life Insurance Underwriter III Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Life Insurance Underwriter III Salary $84,176 Germantown,MD April 24, 2024
25th Percentile Life Insurance Underwriter III Salary $94,100 Germantown,MD April 24, 2024
50th Percentile Life Insurance Underwriter III Salary $105,000 Germantown,MD April 24, 2024
75th Percentile Life Insurance Underwriter III Salary $115,500 Germantown,MD April 24, 2024
90th Percentile Life Insurance Underwriter III Salary $125,060 Germantown,MD April 24, 2024
25% $94,100 10% $84,176 90% $125,060 75% $115,500 $105,000 50%(Median) Didn’t find job title? Click
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Check out Life Insurance Underwriter III Job Openings in Germantown, Maryland

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Great West Casualty Company - South Sioux City, NE

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The Travelers Companies, Inc. - San Francisco, CA

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Inside Underwriter - Management Liability

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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 in Germantown, MD
  • Great West Casualty Company - South Sioux City, NE
    This position offers an optional hybrid work schedule, with three days working in the office and two days working remotely. Are you looking to kick-start y...
    - 2 Months Ago
  • The Travelers Companies, Inc. - San Francisco, CA
    Who Are We. Taking care of our customers, our communities and each other. That’s the Travelers Promise. By honoring this commitment, we have maintained our...
    - 1 Day Ago
  • The Travelers Companies, Inc. - San Francisco, CA
    Who Are We. Taking care of our customers, our communities and each other. That’s the Travelers Promise. By honoring this commitment, we have maintained our...
    - 1 Day Ago
  • The Travelers Companies, Inc. - Spokane Valley, WA
    Who Are We. Taking care of our customers, our communities and each other. That’s the Travelers Promise. By honoring this commitment, we have maintained our...
    - 7 Days Ago
  • The Travelers Companies, Inc. - Alpharetta, GA
    Who Are We. Taking care of our customers, our communities and each other. That’s the Travelers Promise. By honoring this commitment, we have maintained our...
    - 21 Days Ago

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 compensation opportunity for a Life Insurance Underwriter III, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
94100
115500
105000

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
100300
125200
112300
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Life Insurance Underwriter III in Germantown, MD. The base salary for Life Insurance Underwriter III ranges from $94,100 to $115,500 with the average base salary of $105,000. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $100,300 to $125,200 with the average total cash compensation of $112,300.
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94100
115500

 

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About Germantown, Maryland    Germantown is an urbanized census-designated place in Montgomery County, Maryland. With a population of 90,676 as of 2013 U.S. Census Bureau estimates....More

Germantown, Maryland  area prices were up 1.3% from a year ago    View the Cost of Living in Germantown, Maryland

Life Insurance Underwriter III Salary in popular cities: Baltimore, Columbia, Silver Spring

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

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