As of January 01, 2025, the average annual salary for a Life Underwriting Director in the United States is $163,982. Salary.com reports that pay typically ranges from $146,537 to $184,474, with most professionals earning between $130,653 and $203,130.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $184,474 | $15,373 | $3,548 | $89 |
| Average | $163,982 | $13,665 | $3,154 | $79 |
| 25th Percentile | $146,537 | $12,211 | $2,818 | $70 |
An entry-level Life Underwriting Director with less than 1 year of experience earns about $152,210. With 1-2 years of experience, the average salary increases to $153,761. For 2-4 years of experience, the pay typically rises to $155,828. Senior-level professionals with 5-8 years of experience earn around $158,929, and those with over 8 years of experience can expect an average of $162,806.
| Levels | Salary |
|---|---|
| Entry Level Life Underwriting Director | $152,210 |
| Intermediate Level Life Underwriting Director | $153,761 |
| Senior Level Life Underwriting Director | $155,828 |
| Specialist Level Life Underwriting Director | $158,929 |
| Expert Level Life Underwriting Director | $162,806 |
| Entry Level | 7% |
| Mid Level | 6% |
| Senior Level | 5% |
| Top Level | 3% |
| Experienced | 1% |
Salaries in the United States differ widely between states due to factors like cost of living, local economies, and industry presence.
What Am I Worth?
Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.
As of January 01, 2025, our research reveals a significant shift in Life Underwriting Director compensation over the past six years. For example, the median salary increased from $164,396 in 2023 to approximately $163,007 in 2024. (For a detailed analysis of Life Underwriting Director salary trends, click here.)
Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.
Salary.com job board provides millions of Life Underwriting Director information for you to search for. Click on search button below to see Life Underwriting Director job openings or enter a new job title here.
Here are companies hiring for Life Underwriting Director and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $163,982 | 62.2% | ||
| Bonus | $34,091 | 12.9% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $13,325 | 5.1% | ||
| 401K/403B | $9,309 | 3.5% | ||
| Disability | $1,585 | 0.6% | ||
| Healthcare | $6,056 | 2.3% | ||
| Pension | $10,894 | 4.1% | ||
| Time Off | $24,378 | 9.2% | ||
| Total Compensation | $263,621 | 100% | ||
| Degree Level | % of user with this level of education |
|---|---|
| Associates | 16.7% |
| Bachelors | 50.0% |
| Masters | 33.3% |
What Am I Worth?
The average annual salary of Life Underwriting Director is $163,982. In case you are finding an easy salary calculator, the average hourly pay of Life Underwriting Director is $79; the average weekly pay of Life Underwriting Director is $3,154; the average monthly pay of Life Underwriting Director is $13,665.
A Life Underwriting Director's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Life Underwriting Director earns the most in San Jose, CA, where the annual salary of a Life Underwriting Director is $205,798.
The highest pay for Life Underwriting Director is $203,130.
The lowest pay for Life Underwriting Director is $130,653.
Life Underwriting Director directs and oversees the life insurance underwriting program for individuals and/or groups. Responsible for ensuring integrity of underwriting activities and processes. Being a Life Underwriting Director provides coaching to underwriters and assists on more complex applications. Requires a bachelor's degree or equivalent. Additionally, Life Underwriting Director typically requires Chartered Life Underwriter (CLU) certification or Fellow Life Management Institute (FLMI) designation. Typically reports to top management. The Life Underwriting Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. To be a Life Underwriting Director typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function.
Specify the abilities and skills that a person needs in order to carry out the specified job duties. 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.
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)
With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.
