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Underwriter III - Life Salaries in Thunder Bay, ON

• What is the average Underwriter III - Life salary for Thunder Bay, ON?
  How much does an Underwriter III - Life in Thunder Bay, ON make? The median annual Underwriter III - Life salary in Thunder Bay, ON is C$103,576, as of September 23, 2026, with a range usually between C$93,172-C$114,333 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 Thunder Bay, ON.

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• About this chart
  This chart describes the expected percentage of people who perform the job of Underwriter III - Life in Thunder Bay, ON that make less than that salary. For example 50% of the people who perform the job of Underwriter III - Life in Thunder Bay, ON are expected to make less than the median.
  Source: HR Reported data as of September 23, 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
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• 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

• Most Popular Cities for Underwriter III - Life in Canada
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• Most Popular Jobs Titles for Thunder Bay, ON
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• Categories that include Underwriter III - Life
  • Insurance

• Underwriter III - Life Salaries by Province in Canada
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• Insurance Jobs by Salary Range
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