How much does a Life Insurance Underwriting Supervisor make hourly in the United States? The average hourly wage for a Life Insurance Underwriting Supervisor in the United States is $55 as of March 26, 2024, but the range typically falls between $50 and $59. 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.
Percentile | Hourly Pay Rate | Location | Last Updated |
10th Percentile Life Insurance Underwriting Supervisor Salary | $45 | US | March 26, 2024 |
25th Percentile Life Insurance Underwriting Supervisor Salary | $50 | US | March 26, 2024 |
50th Percentile Life Insurance Underwriting Supervisor Salary | $55 | US | March 26, 2024 |
75th Percentile Life Insurance Underwriting Supervisor Salary | $59 | US | March 26, 2024 |
90th Percentile Life Insurance Underwriting Supervisor Salary | $64 | US | March 26, 2024 |
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The Life Insurance Underwriting Supervisor accepts, modifies or declines a risk through evaluation of an individual's medical history or physical condition, occupational hazards, financial background, insurable interest and other information. Supervises group of underwriters who review, analyze and inspect life insurance contracts. Being a Life Insurance Underwriting Supervisor is familiar with current legislative and compliance processes affecting life insurance. Analyzes various rate plans utilizing the organization's claims history to determine the appropriate rate plan and benefits costs. In addition, Life Insurance Underwriting Supervisor may evaluate reinstatements and changes in existing policies. May have designations or course work toward the CLU, FLMI, etc. Has a sound working knowledge of medical terminology. Requires a bachelor's degree. Typically reports to a manager or head of a unit/department. The Life Insurance Underwriting Supervisor supervises a small group of para-professional staff in an organization characterized by highly transactional or repetitive processes. Contributes to the development of processes and procedures. Thorough knowledge of functional area under supervision. Working as a Life Insurance Underwriting Supervisor typically requires 3 years experience in the related area as an individual contributor. (Copyright 2024 Salary.com)
4 - 7 years experience
Bachelor's Degree
3 + years experience
Bachelor's Degree
5 + years experience
Bachelor's Degree
Salary.com's CompAnalyst platform offers:
Job Title | Experience | EDUCATION | Salary Compared to This Job |
---|---|---|---|
Job Title Life Underwriting Director | Experience | EducationBachelors | Salary Compared to This Job |
Job Title Life Underwriting Manager | Experience 5 + | EducationBachelors | Salary Compared to This Job |
Job Title Property Casualty Underwriting Supervisor | Experience 3 + | EducationBachelors | Salary Compared to This Job |
Job Title Top Life Underwriting Executive | Experience | EducationBachelors | Salary Compared to This Job |
Job Title Underwriter (Life) I | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
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