How much does an Underwriter III make in Ace, TX? The average Underwriter III salary in Ace, TX is $90,497 as of April 24, 2024, but the range typically falls between $80,566 and $103,999. 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. 

Underwriter III Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Underwriter III Salary $71,524 Ace,TX April 24, 2024
25th Percentile Underwriter III Salary $80,566 Ace,TX April 24, 2024
50th Percentile Underwriter III Salary $90,497 Ace,TX April 24, 2024
75th Percentile Underwriter III Salary $103,999 Ace,TX April 24, 2024
90th Percentile Underwriter III Salary $116,292 Ace,TX April 24, 2024
25% $80,566 10% $71,524 90% $116,292 75% $103,999 $90,497 50%(Median) Didn’t find job title? Click
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What skills does an Underwriter III need?

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.

1.

Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.

2.

Life Insurance: Life Insurance can be defined as a contract between an insurance policy holder and an insurance company, where the insurer promises to pay a sum of money in exchange for a premium, upon the death of an insured person or after a set period

3.

Sales Support: The tasks, roles, and technology that exist within our organization to help our sales force close deals.

Customer Service 5.26%
Life Insurance 2.63%
Sales Support 1.32%
Others 90.79%

Job Description for Underwriter III

Underwriter III reviews and analyzes risk characteristics on insurance applications, renewals, and change requests. Utilizes underwriting guidelines, rules, standards, and levels of authority to accept, reject, or mitigate risk for applications and determine appropriate premiums, limits, and coverages. Being an Underwriter III calculates renewal rates. Ensures that underwriting activities comply with all industry and governmental regulations. Additionally, Underwriter III may coordinate with field agents to collect or clarify information or decisions. Typically requires a bachelor's degree or equivalent. Typically reports to a supervisor or manager. The Underwriter III work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. To be an Underwriter III typically requires 4-7 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Underwriter III in Ace, TX
  • Req ID. 74537. Location. Dallas -DAL, Tulsa -TUL, Oklahoma City -OKC, Fort Worth -FTWT. Areas of Interest. Commercial Banking, Health Care. Pay Transparenc...
    - 3 Days Ago
  • Job Description. Job Description. Position Summary. The Underwriter III is responsible for gathering and analyzing credit information on current and potent...
    - 3 Days Ago
  • United Wholesale Mortgage (UWM) is America’s #1 mortgage lender and we’re looking to fill an immediate need for underwriters. Join a company that invests i...
    - 9 Months Ago
  • United Wholesale Mortgage (UWM) is America’s #1 mortgage lender and we’re looking to fill an immediate need for underwriters. When you join UWM as an under...
    - 9 Months Ago
  • Who We Are. Valley Health System is a not-for-profit network of hospitals, urgent cares, physician practices, and services. Expanding across Virginia, West...
    - 3 Months Ago

Career Path for Underwriter III

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Underwriter III, the first career path typically starts with a Health Underwriting Manager position, and then Health Underwriting Director.

The second career path typically starts with a Life Underwriting Supervisor position, and then progresses to Life Underwriting Manager.

The third career path typically starts with an Underwriter (P/C) IV position, and then progresses to Property Casualty Underwriting Supervisor.

Additionally, the fourth career path typically starts with an Underwriter IV position, and then progresses to Underwriter V.

Those that have already made the climb...
John D. Rainey, Former Chief Financial Officer and EVP, Global Customer Operations
PayPal Holdings, Inc. operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide. The company provides payment solutions under the PayPal, PayPal Credit, Braintree, Venmo, Xoom, PayPal Zettle, Hyperwallet, PayPal Honey, and Paidy names. Its payments platform allows consu... More
Fiscal Year Ended in 2022
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Underwriter III salary varies from city to city. Compared with national average salary of Underwriter III, the highest Underwriter III salary is in San Francisco, CA, where the Underwriter III salary is 25.0% above. The lowest Underwriter III salary is in Miami, FL, where the Underwriter III salary is 3.5% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

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Average Base Salary

Core compensation

 
 
 
80566
103999
90497

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
84797
113469
96523
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Underwriter III in Ace, TX. The base salary for Underwriter III ranges from $80,566 to $103,999 with the average base salary of $90,497. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $84,797 to $113,469 with the average total cash compensation of $96,523.
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80566
103999

 

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About Ace, Texas    Ace is an unincorporated community in Polk County, Texas, United States. According to the Handbook of Texas, the community had an estimated population....More

Ace, Texas  area prices were up 1.2% from a year ago    View the Cost of Living in Ace, Texas

Underwriter III Salary in popular cities: HoustonSan AntonioDallas

Skills associated with Underwriter III: Policy Analysis, Insurance Regulatory Guidelines, Reinsurance, Calculate Payments/Premiums ...More

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