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Underwriter III - Life Salaries in Canada

• What is the average Underwriter III - Life salary in Canada?
  How much does an Underwriter III - Life in Canada make? The median annual Underwriter III - Life salary in Canada is C$98,447, as of July 27, 2026, with a range usually between C$88,558-C$108,669 not including bonus and benefit information and other factors that impact base pay. However, the salary for someone with the title Underwriter III - Life may vary depending on a number of factors including industry, company size, location, years of experience and level of education. Our team of Certified Compensation Professionals has analyzed survey data collected from thousands of HR departments at companies of all sizes and industries to present this range of annual salaries for people with the job title Underwriter III - Life in Canada.

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• About this chart
  This chart describes the expected percentage of people who perform the job of Underwriter III - Life in , that make less than that salary. For example 50% of the people who perform the job of Underwriter III - Life in are expected to make less than the median.
  Source: HR Reported data as of July 27, 2026

• Job Description for Underwriter III - Life
  Responsible for reviewing and analyzing life insurance applications. Evaluates an applicant's medical history, physical condition, occupational hazards, and other information to accept, modify, or decline an application. Utilizes underwriting guidelines, rules, and standards to accept, reject, or mitigate risk for applications. Calculates rates and premiums from approved decrement tables. Ensures compliance with all industry and governmental regulations. Requires a bachelor's degree. May require Chartered Life Underwriter (CLU) certification. Typically reports to a manager. Work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. Typically requires 4-7 years of related experience. View full job description

• Similar Job titles to Underwriter III - Life
  • Mortgage Underwriter I
  • Mortgage Underwriter II
  • Mortgage Underwriter III
  • Underwriter I
  • Underwriter I - Life
  • Underwriter II
  • Underwriter III
  • Underwriter IV

• Level of Education
  • Underwriter III - Life Salaries with a Bachelor's Degree
  • Underwriter III - Life Salaries with a Master's Degree or MBA
  • Underwriter III - Life Salaries with a JD, MD, PhD or Equivalent

• Industries that include Underwriter III - Life
  • Business Services ,
  • Edu., Gov't. & Nonprofit ,
  • Financial Services ,
  • Healthcare ,
  • Insurance

• Categories that include Underwriter III - Life
  • Insurance

• Underwriter III - Life Salaries by Province in Canada
  • Alberta
  • British Columbia
  • Manitoba
  • New Brunswick
  • Newfoundland and Labrador
  • Nova Scotia
  • Northwest Territories
  • Nunavut
  • Ontario
  • Prince Edward Island
  • Quebec
  • Saskatchewan
  • Yukon

• Insurance Jobs by Salary Range
  • <$30K
  • $30K–$50K
  • $50K–$80K
  • $80K–$100K
  • >$100K