How much does a Life Underwriting Supervisor make in Acton, ME? The average Life Underwriting Supervisor salary in Acton, ME is $114,152 as of February 26, 2024, but the range typically falls between $104,071 and $124,024. 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 $94,893 Acton,ME February 26, 2024
25th Percentile Life Underwriting Supervisor Salary $104,071 Acton,ME February 26, 2024
50th Percentile Life Underwriting Supervisor Salary $114,152 Acton,ME February 26, 2024
75th Percentile Life Underwriting Supervisor Salary $124,024 Acton,ME February 26, 2024
90th Percentile Life Underwriting Supervisor Salary $133,011 Acton,ME February 26, 2024
25% $104,071 10% $94,893 90% $133,011 75% $124,024 $114,152 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...
Pamela J. Shelley-Kessler, Co-President, Chief Financial Officer and Corporate Secretary
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's investment portfolio includes 208 properties in 27 states wi... More
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 2.9% 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
-2.9%
City, State Chicago, IL Compared to national average
+ 5.5%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 17.5%
City, State Dallas, TX Compared to national average
-0.7%

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Average Base Salary

Core compensation

 
 
 
104071
124024
114152

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
113484
140072
125200
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 Acton, ME. The base salary for Life Underwriting Supervisor ranges from $104,071 to $124,024 with the average base salary of $114,152. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $113,484 to $140,072 with the average total cash compensation of $125,200.
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104071
124024

 

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About Acton, Maine    Acton is a town in York County, Maine, United States. The population was 2,447 at the 2010 census. It includes the villages of Acton, Miller Corner an....More

Acton, Maine  area prices were up 1.6% from a year ago    View the Cost of Living in Acton, Maine

Life Underwriting Supervisor Salary in popular cities: PortlandLewistonBangor

Skills associated with Life Underwriting Supervisor: Calculate Ratings, Denial Administration, Policy Analysis, Insurance Regulatory Guidelines ...More

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