How much does a Life Underwriting Supervisor make in the United States? The average Life Underwriting Supervisor salary in the United States is $98,495 as of May 27, 2021, but the range typically falls between $91,683 and $106,100. 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.
Life Underwriting Supervisor supervises group of underwriters who review, analyze and inspect life insurance contracts. 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. Being a Life Underwriting Supervisor analyzes various rate plans utilizing the organization's claims history to determine the appropriate rate plan and benefits costs. Familiar with current legislative and compliance processes affecting life insurance. Additionally, Life 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 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. To be a Life Underwriting Supervisor typically requires 3 years experience in the related area as an individual contributor. (Copyright 2021 Salary.com)... View full job description
LTC is a real estate investment trust (REIT) investing in seniors housing and health care properties primarily through sale-leasebacks, mortgage financing, joint-ventures and structured finance solutions including preferred equity and mezzanine lending. LTC holds more than 200 investments in 28 states with 29 operating... More
LTC PROPERTIES INC
Fiscal Year Ended in 2019
What does a Life Underwriting Supervisor do?
Life Underwriting Supervisor in Mount Prospect, IL
Represents the Society by responding to questions and developing relationships with agents and partners.
December 06, 2020
Provides expert knowledge of underwriting policies, guidelines, practices and procedures, has the ability to influence and champion changes to improve processes while maintaining mortality expectations.
December 19, 2020
Performs an annual review of underwriting guidelines with the Compliance Department.
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These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Life Underwriting Supervisor in the United States. The base salary for Life Underwriting Supervisor ranges from $91,683 to $106,100 with the average base salary of $98,495. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $99,409 to $115,773 with the average total cash compensation of $106,280.