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Life Insurance Underwriter III Salary in Mountain Lakes, New Jersey

Life Insurance Underwriter III Salary in Mountain Lakes, NJ

How much does an Life Insurance Underwriter III make in Mountain Lakes, NJ? The average Life Insurance Underwriter III salary in Mountain Lakes, NJ is $111,900 as of May 28, 2024, but the range typically falls between $100,400 and $123,200. 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 $89,930 Mountain Lakes,NJ May 28, 2024
25th Percentile Life Insurance Underwriter III Salary $100,400 Mountain Lakes,NJ May 28, 2024
50th Percentile Life Insurance Underwriter III Salary $111,900 Mountain Lakes,NJ May 28, 2024
75th Percentile Life Insurance Underwriter III Salary $123,200 Mountain Lakes,NJ May 28, 2024
90th Percentile Life Insurance Underwriter III Salary $133,488 Mountain Lakes,NJ May 28, 2024
25% $100,400 10% $89,930 90% $133,488 75% $123,200 $111,900 50%(Median) Didn’t find job title? Click
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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 Mountain Lakes, NJ

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

 
 
 
100400
123200
111900

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
107000
133500
119700
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 Mountain Lakes, NJ. The base salary for Life Insurance Underwriter III ranges from $100,400 to $123,200 with the average base salary of $111,900. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $107,000 to $133,500 with the average total cash compensation of $119,700.
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100400
123200

 

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About Mountain Lakes, New Jersey    Mountain Lakes is a borough in Morris County, New Jersey, United States, and a suburb of New York City. As of the 2010 United States Census, the borou....More

Mountain Lakes, New Jersey  area prices were up 1.5% from a year ago    View the Cost of Living in Mountain Lakes, New Jersey

Life Insurance Underwriter III Salary in popular cities: Newark, Jersey City, Paterson

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

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