How much does a Life Underwriting Supervisor make in Bloomington, IL? The average Life Underwriting Supervisor salary in Bloomington, IL is $110,212 as of September 01, 2024, but the range typically falls between $100,475 and $119,741. 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.
Percentile | Salary | Location | Last Updated |
10th Percentile Life Underwriting Supervisor Salary | $91,611 | Bloomington,IL | September 01, 2024 |
25th Percentile Life Underwriting Supervisor Salary | $100,475 | Bloomington,IL | September 01, 2024 |
50th Percentile Life Underwriting Supervisor Salary | $110,212 | Bloomington,IL | September 01, 2024 |
75th Percentile Life Underwriting Supervisor Salary | $119,741 | Bloomington,IL | September 01, 2024 |
90th Percentile Life Underwriting Supervisor Salary | $128,416 | Bloomington,IL | September 01, 2024 |
What Should I Pay?
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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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.
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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.
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Job Title | Experience | EDUCATION | Salary Compared to This Job |
---|---|---|---|
Job Title Life Underwriting Director | Experience | EducationBachelors | Salary Compared to This Job |
Job Title Life Underwriting Manager | Experience 5 + | EducationBachelors | Salary Compared to This Job |
Job Title Property Casualty Underwriting Supervisor | Experience 3 + | EducationBachelors | Salary Compared to This Job |
Job Title Top Life Underwriting Executive | Experience | EducationBachelors | Salary Compared to This Job |
Job Title Underwriter (Life) I | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
Jobs with different levels of education may pay very differently. Check the Life Underwriting Supervisor salary of your education level.
A job category is a classification or grouping of job positions that share similar characteristics, functions, or industries. Life Underwriting Supervisor salary varies from category to category. Click below to see Life Underwriting Supervisor salary in different categories.
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About Bloomington, Illinois Bloomington is a city in and the county seat of McLean County, Illinois, United States. It is adjacent to Normal, and is the more populous of the two ....More
Bloomington, Illinois area prices were up 1.3% from a year ago View the Cost of Living in Bloomington, Illinois
Life Underwriting Supervisor Salary in popular cities: Chicago, Aurora, Rockford
Skills associated with Life Underwriting Supervisor: Reinsurance, Policy Analysis, Insurance Regulatory Guidelines, Contract Review ...More
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