How much does a Life Underwriting Supervisor make in the United States? The average Life Underwriting Supervisor salary in the United States is $113,634 as of March 26, 2024, but the range typically falls between $103,598 and $123,453. 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 Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Life Underwriting Supervisor Salary $94,459 US March 26, 2024
25th Percentile Life Underwriting Supervisor Salary $103,598 US March 26, 2024
50th Percentile Life Underwriting Supervisor Salary $113,634 US March 26, 2024
75th Percentile Life Underwriting Supervisor Salary $123,453 US March 26, 2024
90th Percentile Life Underwriting Supervisor Salary $132,393 US March 26, 2024
25% $103,598 10% $94,459 90% $132,393 75% $123,453 $113,634 50%(Median) Didn’t find job title? Click
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Job Description for Life Underwriting Supervisor

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 2024 Salary.com)... View full job description

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Career Path for Life Underwriting Supervisor

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 Life Underwriting Supervisor, 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 Manager position, and then progresses to Life Underwriting Director.

The third career path typically starts with a Property Casualty Underwriting Manager position, and then progresses to Property Casualty Underwriting Director.

Additionally, the fourth career path typically starts with an Underwriting Supervisor position, and then progresses to Underwriting Manager.

Those that have already made the climb...
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Fiscal Year Ended in 2022
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Life Underwriting Supervisor salary varies from city to city. Compared with national average salary of Life Underwriting Supervisor, the highest Life Underwriting Supervisor salary is in San Francisco, CA, where the Life Underwriting Supervisor salary is 25.0% above. The lowest Life Underwriting Supervisor salary is in Miami, FL, where the Life Underwriting Supervisor 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

 
 
 
103598
123453
113634

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
112970
139443
124637
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 $103,598 to $123,453 with the average base salary of $113,634. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $112,970 to $139,443 with the average total cash compensation of $124,637.
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103598
123453

 

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Skills associated with Life Underwriting Supervisor: Underwriting, Underwriting & Rating Software, Denial Administration, Calculate Ratings ...More

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Life Underwriting Supervisor Salary in United States
Life Underwriting Supervisor Salary Graph, Regional Distribution and Summary