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How much does an Underwriter III - Life make in Arizona?

As of August 01, 2026, the average salary for an Underwriter III - Life in Arizona is $90,324 per year, which breaks down to an hourly rate of $43.

However, an Underwriter III - Life's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $102,117
  • Majority Range (25th-75th percentile): $82,145 to $96,497
  • Entry-Level (10th percentile): $74,698

Key Factors That Influence Underwriter III - Life Salaries

An Underwriter III - Life's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.

How Experience Level Affects Underwriter III - Life Salaries?

Experience is a primary driver of an Underwriter III - Life's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Underwriter (Life) I (0-2 years): $58,968
  • Underwriter (Life) II (2-4 years): $69,478
  • Underwriter III - Life (4-7 years): $90,324
  • Life Underwriting Supervisor (7+ years): $114,268
  • Life Underwriting Manager (7+ years): $133,701
Job Role Years of Experience Average Salary
Underwriter (Life) I0-2 years$58,968
Underwriter (Life) II2-4 years$69,478
Underwriter III - Life4-7 years$90,324
Life Underwriting Supervisor7+ years$114,268
Life Underwriting Manager7+ years$133,701

Top Paying Cities for Underwriter III - Life

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • Sahuarita: $87,949
  • Saint David: $88,154
  • San Manuel: $88,003

Underwriter III - Life Salary by Company Size: Startups vs. Enterprise

Underwriter III - Life salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $97,479. While startup companies pay approximate $82,663.

Underwriter III - Life Salary by Company Size

Company Size Employees Average Salary
Startup 1~50 $82,663
Growth Stage 51~500 $87,382
Established 501~5000 $94,177
Enterprise 5000+ $97,479

Underwriter III - Life Salary by Industry: Top Paying Sectors

For Underwriter III - Life roles, the industry you choose can affect earning potential by as much as 90% (the gap between the highest and lowest paying industries). Data shows that the Financial Services and Insurance sectors offer the strongest compensation, at 60% above the average. In contrast, Underwriter III - Life positions in Healthcare or Business Services typically offer lower base pay, as these industries often view Underwriter III - Life as a support function rather than a direct revenue driver.

The top paying industry for an Underwriter III - Life

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Financial Services$148,315$71.060%

Underwriter III - Life Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how an Underwriter III - Life's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on August 01, 2026
$82,145
Average $90,324/year
$96,497
$6,845
Average $7,527/month
$8,041
$1,580
Average $1,737/week
$1,856
$39
Average $43/hour
$46
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $96,497 $8,041 $1,856 $46
Average $90,324 $7,527 $1,737 $43
25th Percentile $82,145 $6,845 $1,580 $39

Underwriter III - Life Salary Growth & Career Path

Promotions are the fastest way to increase your earnings. As an Underwriter III - Life, you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.

Underwriter III - Life Salary Growth and Career Path
Next Step Role Estimate Salary Projected Raise
Underwriting Supervisor - Life $114,268 27%
Underwriting Manager - Complex Medical $128,291 42%
Underwriter IV - P&C $105,523 17%
Underwriter IV $105,508 17%

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Where Does Our Salary Data Come From?

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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