How much does an Underwriter (Life) I make in Oakland, CA? The average Underwriter (Life) I salary in Oakland, CA is $68,328 as of April 24, 2024, but the range typically falls between $61,366 and $76,486. 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 (Life) I Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Underwriter (Life) I Salary $55,027 Oakland,CA April 24, 2024
25th Percentile Underwriter (Life) I Salary $61,366 Oakland,CA April 24, 2024
50th Percentile Underwriter (Life) I Salary $68,328 Oakland,CA April 24, 2024
75th Percentile Underwriter (Life) I Salary $76,486 Oakland,CA April 24, 2024
90th Percentile Underwriter (Life) I Salary $83,913 Oakland,CA April 24, 2024
25% $61,366 10% $55,027 90% $83,913 75% $76,486 $68,328 50%(Median) Didn’t find job title? Click
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What skills does an Underwriter (Life) 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.

Pricing: Pricing is a process of fixing the value that a manufacturer will receive in the exchange of services and goods.

3.

Futures: Futures are derivative financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and set price.

Analysis 5.62%
Pricing 1.96%
Futures 1.19%
Others 91.23%

Job Description for Underwriter (Life) I

Underwriter (Life) I reviews medical, occupational, financial, and legal information to select or reject individual or group life insurance applications. Calculates rates and premiums from approved decrement tables. Being an Underwriter (Life) I may have contact with the field force for information on which to base decisions. May require a bachelor's degree. Additionally, Underwriter (Life) I typically reports to a supervisor or manager. The Underwriter (Life) I works on projects/matters of limited complexity in a support role. Work is closely managed. To be an Underwriter (Life) I typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Underwriter (Life) I in Oakland, CA
  • Job Description. Chubb is currently seeking a Commercial Lines Life Sciences Underwriter to join our industry leading Life Sciences practice. Main responsi...
    - 3 Days Ago
  • Executive Underwriter - UW07BD. Senior Underwriter - UW08BA. We're determined to make a difference and are proud to be an insurance company that goes well ...
    - 4 Days Ago
  • Job Description. Chubb is seeking a highly motivated, results oriented Senior Commercial Lines Life Sciences Underwriter to join our industry leading life ...
    - 1 Day 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
  • Technology and Life Sciences Underwriter page is loaded Technology and Life Sciences Underwriter Apply remote type Hybrid locations San Francisco, CA Walnu...
    - 4 Days Ago

Career Path for Underwriter (Life) 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 (Life) 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 (Life) I salary varies from city to city. Compared with national average salary of Underwriter (Life) I, the highest Underwriter (Life) I salary is in San Francisco, CA, where the Underwriter (Life) I salary is 25.0% above. The lowest Underwriter (Life) I salary is in Miami, FL, where the Underwriter (Life) 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 (Life) I, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
61366
76486
68328

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
64183
79756
70859
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Underwriter (Life) I in Oakland, CA. The base salary for Underwriter (Life) I ranges from $61,366 to $76,486 with the average base salary of $68,328. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $64,183 to $79,756 with the average total cash compensation of $70,859.
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61366
76486

 

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About Oakland, California    Oakland is in the eastern region of the San Francisco Bay. In 1991 the City Hall tower was at 37°48′19″N 122°16′21″W / 37.805302°N 122.272539°W / 3....More

Oakland, California  area prices were up 4.5% from a year ago    View the Cost of Living in Oakland, California

Underwriter (Life) I Salary in popular cities: Los AngelesSan DiegoSan Jose

Skills associated with Underwriter (Life) I: Loss Run Analysis, Underwriting & Rating Software, Risk Analysis, Reinsurance ...More

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