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How much does a Life Underwriting Supervisor make?

As of November 01, 2024, the average annual pay of Life Underwriting Supervisor in the United States is $115,615. While Salary.com is seeing that Life Underwriting Supervisor salary in the US can go up to $134,705 or down to $96,098, but most earn between $105,399 and $125,607. Salary.com shows 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.

Life Underwriting Supervisor Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $125,607 $10,467 $2,416 $60
Average $115,615 $9,635 $2,223 $56
25th Percentile $105,399 $8,783 $2,027 $51

Average Salary

25% $105,399 10% $96,098 90% $134,705 75% $125,607 $115,615 50%(Median) Didn’t find job title? Click
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How much does a Life Underwriting Supervisor make?

As of November 01, 2024, the average annual pay of Life Underwriting Supervisor in the United States is $115,615. While Salary.com is seeing that Life Underwriting Supervisor salary in the US can go up to $134,705 or down to $96,098, but most earn between $105,399 and $125,607. Salary.com shows 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.

What is the hourly and monthly salary as a Life Underwriting Supervisor?

As of November 01, 2024, the average hourly salary is $56 (range: $46 to $65); the average monthly salary is $9,635 (range: $8,008 to $11,225).

Click the switch button below to see weekly and yearly salary of a Life Underwriting Supervisor.

Last Updated on November 01, 2024
Last Updated on November 01, 2024

What are the salaries of Life Underwriting Supervisor with different levels of experience?

As of November 01, 2024, Salary.com is seeing that an entry-level Life Underwriting Supervisor with under 1 year experience makes about $111,523. With less than 2 years of experience, a mid-level Life Underwriting Supervisor makes around $111,979. After 2-4 years, the Life Underwriting Supervisor pay rises to about $113,500. Those senior Life Underwriting Supervisor with 5-8 years of experience earn roughly $115,325, and those Life Underwriting Supervisor having 8 years or more experience is expected to earn about $117,854 on average.

Levels Salary
Entry Level Life Underwriting Supervisor $111,523
Intermediate Level Life Underwriting Supervisor $111,979
Senior Level Life Underwriting Supervisor $113,500
Specialist Level Life Underwriting Supervisor $115,325
Expert Level Life Underwriting Supervisor $117,854
$111,523 0 yr
$111,979 < 2 yrs
$113,500 2-4 yrs
$115,325 5-8 yrs
$117,854 > 8 yrs
Last Updated on November 01, 2024
Entry Level 4%
Mid Level 3%
Senior Level 2%
Top Level 0%
Experienced 2%
View as graph
Last Updated on November 01, 2024

How much does salary of Life Underwriting Supervisor vary from state to state?

How much does salary of Life Underwriting Supervisor vary from city to city?

Salaries in the United States can vary significantly from city to city due to a multitude of factors, including cost of living, local economic conditions, and industry presence.

For example, as of November 01, 2024, the average yearly salary of Life Underwriting Supervisor in San Francisco, CA is $144,518 and in New York, NY, the average annual salary goes to $135,038. While a Life Underwriting Supervisor earns $129,604 per year in Boston, MA.

What is the salary trend of Life Underwriting Supervisor?

For those exploring the changing dynamics of Life Underwriting Supervisor salaries, Salary.com offers detailed insights through our Job Trending in CA Labor Market analysis. As of November 01, 2024, our research highlights a notable shift in Life Underwriting Supervisor compensation over the past six years. For instance, the median salary has moved from $85,005 in 2023 to about $82,825 in 2024 (for a comprehensive analysis of Life Underwriting Supervisor salary trends, click here). It's crucial to consider several elements, including geographical location, experience level, industry demand, and economic development, as they play a significant role in influencing salary variations.

Average Annual Salary of Life Underwriting Supervisor Over Time

2020
$???
2021
$???
2022
$???
$85,005
2023
$82,825
2024
$79,543
2025
2026
$???
Last Updated on November 01, 2024
2020
$???
2021
$???
2022
$???
2023
$85,005
2024
$82,825
2025
$79,543
2026
$???
Last Updated on November 01, 2024

Life Underwriting Supervisor Salary by Year

Year Average Annual Salary
2020 View More
2021 View More
2022 View More
2023 $85,005
2024 $82,825
2025 $79,543
2026 View More
Last Updated on November 01, 2024

Job Openings of Life Underwriting Supervisor

Salary.com job board provides millions of Life Underwriting Supervisor information for you to search for. Click on search button below to see Life Underwriting Supervisor job openings or enter a new job title here.

Most Common Benefits for Life Underwriting Supervisor

Based on HR-reported data: a national average with a geographic differential
Base Salary 67.2%
Bonuses 6.5%
Social Security 5.6%
401k/403b 3.5%
Disability 0.6%
Healthcare 3.5%
Pension 4.1%
Time Off 9.1%
Core Compensation
Core Compensation Median % of Total
Base Salary $115,615 67.2%
Bonus $11,194 6.5%
Value of Benefits
Core Compensation Median % of Total
Social Security $9,701 5.6%
401K/403B $5,960 3.5%
Disability $1,014 0.6%
Healthcare $6,056 3.5%
Pension $6,974 4.1%
Time Off $15,607 9.1%
Total Compensation $172,122 100%
Core Compensation is based on averages for this job and does not reflect personal factors used to determine your projected salary range.
Value of Benefits indicates the employer's expected contribution and paid time off.
Last Updated on November 01, 2024

What are the salaries of a Life Underwriting Supervisor with different levels of education?

Salaries for Life Underwriting Supervisor with a High School Diploma or Technical Certificate

According to our 100% employer reported salary sources the median salary for a Life Underwriting Supervisor with a Bachelor's Degree is $111,219 - $116,813. Please try our salary wizard to explore how other factors like location, Years of experience and number of direct reports can impact your base pay and bonus.

Life Underwriting Supervisor Salaries by Degree Level

Last Updated on November 01, 2024
Typical Education for Life Underwriting Supervisor
Degree Level % of user with this level of education
Bachelors 100.0%
Typical Education for Life Underwriting Supervisor
Bachelors 100.0%
view as table

Life Underwriting Supervisor Salaries by Degree Level

Last Updated on November 01, 2024

What Am I Worth?

FAQ about Life Underwriting Supervisor

1. What is the average salary of a Life Underwriting Supervisor?

The average annual salary of Life Underwriting Supervisor is $115,615. In case you are finding an easy salary calculator, the average hourly pay of Life Underwriting Supervisor is $56; the average weekly pay of Life Underwriting Supervisor is $2,223; the average monthly pay of Life Underwriting Supervisor is $9,635.

2. Where can a Life Underwriting Supervisor earn the most?

A Life Underwriting Supervisor'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 Supervisor earns the most in San Jose, CA, where the annual salary of a Life Underwriting Supervisor is $145,096.

3. What is the highest pay for Life Underwriting Supervisor?

The highest pay for Life Underwriting Supervisor is $134,705.

4. What is the lowest pay for Life Underwriting Supervisor?

The lowest pay for Life Underwriting Supervisor is $96,098.

5. What are the responsibilities of 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.

About Our Data

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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The average salary for a Life Underwriting Supervisor is $115,615 per year in the United States, updated at November 01, 2024.
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