How much does an Underwriter I make in Saint Charles, AR? The average Underwriter I salary in Saint Charles, AR is $54,339 as of May 28, 2024, but the range typically falls between $48,534 and $61,664. 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. 

Underwriter I Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Underwriter I Salary $43,248 Saint Charles,AR May 28, 2024
25th Percentile Underwriter I Salary $48,534 Saint Charles,AR May 28, 2024
50th Percentile Underwriter I Salary $54,339 Saint Charles,AR May 28, 2024
75th Percentile Underwriter I Salary $61,664 Saint Charles,AR May 28, 2024
90th Percentile Underwriter I Salary $68,333 Saint Charles,AR May 28, 2024
25% $48,534 10% $43,248 90% $68,333 75% $61,664 $54,339 50%(Median) Didn’t find job title? Click
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What skills does an Underwriter I need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.

Health Insurance: Health insurance is a type of insurance coverage that pays for health and medical expenses. Health insurance covers some or all of the costs of routine care, emergency care, and treatment for chronic illnesses.

3.

Financial Accounting: Financial accounting (or financial accountancy) is the field of accounting concerned with the summary, analysis and reporting of financial transactions related to a business. This involves the preparation of financial statements available for public use. Stockholders, suppliers, banks, employees, government agencies, business owners, and other stakeholders are examples of people interested in receiving such information for decision making purposes. Financial accountancy is governed by both local and international accounting standards. Generally Accepted Accounting Principles (GAAP) is the standard framework of guidelines for financial accounting used in any given jurisdiction. It includes the standards, conventions and rules that accountants follow in recording and summarizing and in the preparation of financial statements. On the other hand, International Financial Reporting Standards (IFRS) is a set of passionable accounting standards stating how particular types of transactions and other events should be reported in financial statements. IFRS are issued by the International Accounting Standards Board (IASB). With IFRS becoming more widespread on the international scene, consistency in financial reporting has become more prevalent between global organizations.

Analysis 6.39%
Health Insurance 1.39%
Financial Accounting 1.11%
Others 91.11%
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Job Description for Underwriter I

Underwriter I reviews and analyzes risk characteristics on insurance applications, renewals, and change requests. Utilizes underwriting guidelines, rules, standards, and levels of authority to accept, reject, or mitigate risk for applications and determine appropriate premiums, limits, and coverages. Being an Underwriter I calculates renewal rates. Ensures that underwriting activities comply with all industry and governmental regulations. Additionally, Underwriter I may coordinate with field agents to collect or clarify information or decisions. Typically requires a bachelor's degree or equivalent. Typically reports to a supervisor or manager. The Underwriter I work is closely managed. Works on projects/matters of limited complexity in a support role. To be an Underwriter I typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)... View full job description

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

Job Openings for Underwriter I in Saint Charles, AR
  • We are seeking an underwriting assistant candidate who can manage a substantial book of renewal business while also handling tasks associated with new and ...
    - 4 Days Ago
  • About Us. At Risk Placement Services, we're more than just a team we thrive on collaboration, creativity, and tackling challenges head-on. Our culture fost...
    - 5 Days Ago
  • Commercial Credit Underwriter I. + Job ID: 14147. + Functional Area: Lending/Commercial Banking/Lending Special Assets. + Position Type: Full-Time Regular....
    - 4 Days Ago
  • Who Are We. Taking care of our customers, our communities and each other. That's the Travelers Promise. By honoring this commitment, we have maintained our...
    - 4 Days Ago
  • The position is described below. If you want to apply, click the Apply button at the top or bottom of this page. You'll be required to create an account or...
    - 1 Day Ago

Career Path for Underwriter I

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 Underwriter I, the first career path typically starts with a Health Underwriter position, and then Health Underwriting Manager.

The second career path typically starts with an Underwriter (Life) II position, and then progresses to Life Underwriting Supervisor.

The third career path typically starts with an Underwriter (P/C) II position, and then progresses to Underwriter (P/C) IV.

Additionally, the fourth career path typically starts with an Underwriter II position, and then progresses to Underwriter IV.

Those that have already made the climb...
John D. Rainey, Former Chief Financial Officer and EVP, Global Customer Operations
PayPal Holdings, Inc. operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide. The company provides payment solutions under the PayPal, PayPal Credit, Braintree, Venmo, Xoom, PayPal Zettle, Hyperwallet, PayPal Honey, and Paidy names. Its payments platform allows consu... More
Fiscal Year Ended in 2022
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Underwriter I salary varies from city to city. Compared with national average salary of Underwriter I, the highest Underwriter I salary is in San Francisco, CA, where the Underwriter I salary is 25.0% above. The lowest Underwriter I salary is in Miami, FL, where the Underwriter I 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%

Take just three simple steps below to generate your own personalized salary report

Step 1 of 3

Understand the total compensation opportunity for an Underwriter I, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
48534
61664
54339

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
50030
64801
56385
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Underwriter I in Saint Charles, AR. The base salary for Underwriter I ranges from $48,534 to $61,664 with the average base salary of $54,339. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $50,030 to $64,801 with the average total cash compensation of $56,385.
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How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

48534
61664

 

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About Saint Charles, Arkansas    St. Charles is a town in Arkansas County, Arkansas, United States. The population was 230 at the 2010 census. The small town has been at the center o....More

Saint Charles, Arkansas  area prices were up 1.2% from a year ago    View the Cost of Living in Saint Charles, Arkansas

Underwriter I Salary in popular cities: Little RockFort SmithFayetteville

Skills associated with Underwriter I: Policy Analysis, Underwriting, Insurance Regulatory Guidelines, Reinsurance ...More

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