As of February 01, 2025, the average annual salary for a Life Insurance Underwriting Director in Passaic, NJ is $189,300. Salary.com reports that pay typically ranges from $169,100 to $212,900, with most professionals earning between $150,709 and $234,387.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $212,900 | $17,742 | $4,094 | $102 |
| Average | $189,300 | $15,775 | $3,640 | $91 |
| 25th Percentile | $169,100 | $14,092 | $3,252 | $81 |
An entry-level Life Insurance Underwriting Director with under 1 year experience makes about $175,242. With less than 2 years of experience, a mid-level Life Insurance Underwriting Director makes around $177,036. After 2-4 years, the Life Insurance Underwriting Director pay rises to about $179,427. Those senior Life Insurance Underwriting Director with 5-8 years of experience earn roughly $183,014, and those Life Insurance Underwriting Director having 8 years or more experience are expected to earn about $187,498 on average.
| Levels | Salary |
|---|---|
| Entry Level Life Insurance Underwriting Director | $175,242 |
| Intermediate Level Life Insurance Underwriting Director | $177,036 |
| Senior Level Life Insurance Underwriting Director | $179,427 |
| Specialist Level Life Insurance Underwriting Director | $183,014 |
| Expert Level Life Insurance Underwriting Director | $187,498 |
| Entry Level | 7% |
| Mid Level | 6% |
| Senior Level | 5% |
| Top Level | 3% |
| Experienced | 1% |
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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.
Initiative: Taking decisive action and initiating plans independently to address problems, improve professional life, and achieve goals.
Career Development: Refers to the process an individual may undergo to evolve their occupational status. It is the process of making decisions for long term learning, to align personal needs of physical or psychological fulfillment with career advancement opportunities.
Retirement Plans: Retirement Plans involve determining retirement income goals and what's needed to achieve those goals.
| Skill | Salary | Demand |
|---|---|---|
|
Influencing
|
$223,374 |
18%
|
|
Alignment
|
$221,481 |
17%
|
|
Leadership
|
$213,909 |
13%
|
|
Insight
|
$212,016 |
12%
|
|
Collaboration
|
$212,016 |
12%
|
|
Microsoft Office
|
$210,123 |
11%
|
