How much does an Underwriter I make in Tyner, IN? The average Underwriter I salary in Tyner, IN is $57,768 as of August 27, 2024, but the range typically falls between $51,594 and $65,554. 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 $45,974 Tyner,IN August 27, 2024
25th Percentile Underwriter I Salary $51,594 Tyner,IN August 27, 2024
50th Percentile Underwriter I Salary $57,768 Tyner,IN August 27, 2024
75th Percentile Underwriter I Salary $65,554 Tyner,IN August 27, 2024
90th Percentile Underwriter I Salary $72,643 Tyner,IN August 27, 2024
25% $51,594 10% $45,974 90% $72,643 75% $65,554 $57,768 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%
What skills can make your compensation higher?
Mastering certain skills can make the compensation of an Underwriter I higher. Salary.com's Real-time Job Posting Salary Data provides you the latest highly compensated skills to help you get a higher pay. For example, if you master Leadership, you can get a 4% salary raise. If you are good at Analysis, your salary will increase by 4%. If you are expert in Risk Management, your salary will rise by 2%.
Skill Salary Demand
Leadership
$60,079
4%
Analysis
$60,079
4%
Risk Management
$58,923
2%
Attention to Detail
$58,346
1%
Initiative
$58,346
1%
Written Communication
$58,346
1%
Last Updated on August 27, 2024
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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 Tyner, IN
  • We are seeking an experienced, highly motivated insurance professional to join our fleet underwriting team. This person will have excellent communication s...
    - 1 Day Ago
  • Job Type. Full-time. Description. As a. Multifamily. Underwriter. you will review new applications, monitor the receipt of all due diligence from the borro...
    - 7 Days Ago
  • Job Type. Full-time. Description. As a. Multifamily / Affordable Housing. Underwriter. you will review new applications, monitor the receipt of all due dil...
    - 7 Days Ago
  • For over 60 years, FCCI Insurance Group has built a reputation on trust and relationships. As a leading super-regional property & casualty insurer with str...
    - Just Posted
  • Meet MedPro Group. We're an industry-leading Berkshire Hathaway insurance company with a passion for our clients and our team. We are hundreds of professio...
    - 4 Days 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...
Karri R. Callahan, Chief Financial Officer
RE/MAX Holdings, Inc. operates as a franchisor of real estate and mortgage brokerage services in the United States, Canada, and internationally. It operates through Real Estate, Mortgage, and Marketing Funds segments. The company offers real estate brokerage franchising services under the RE/MAX brand; mortgage brokera... More
Fiscal Year Ended in 2023
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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

 
 
 
51594
65554
57768

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
53186
68888
59941
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Underwriter I in Tyner, IN. The base salary for Underwriter I ranges from $51,594 to $65,554 with the average base salary of $57,768. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $53,186 to $68,888 with the average total cash compensation of $59,941.
Step 2 of 3

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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.

51594
65554

 

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About Tyner, Indiana    Tyner is an unincorporated community in Polk Township, Marshall County, Indiana. Originally named Tyner City, it is named after Thomas Tyner. He died ....More

Tyner, Indiana  area prices were up 1.3% from a year ago    View the Cost of Living in Tyner, Indiana

Underwriter I Salary in popular cities: IndianapolisFort WayneEvansville

Skills associated with Underwriter I: Policy Analysis, Risk Analysis, Calculate Payments/Premiums, Insurance Software ...More

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