How much does an Underwriter (Life) I make in Lakemont, NY? The average Underwriter (Life) I salary in Lakemont, NY is $55,160 as of August 27, 2024, but the range typically falls between $49,546 and $61,751. 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 $44,435 Lakemont,NY August 27, 2024
25th Percentile Underwriter (Life) I Salary $49,546 Lakemont,NY August 27, 2024
50th Percentile Underwriter (Life) I Salary $55,160 Lakemont,NY August 27, 2024
75th Percentile Underwriter (Life) I Salary $61,751 Lakemont,NY August 27, 2024
90th Percentile Underwriter (Life) I Salary $67,751 Lakemont,NY August 27, 2024
25% $49,546 10% $44,435 90% $67,751 75% $61,751 $55,160 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%
What skills can make your compensation higher?
Mastering certain skills can make the compensation of an Underwriter (Life) 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 Presentation, you can get a 13% salary raise. If you are good at Tax Return, your salary will increase by 9%. If you are expert in Problem Solving, your salary will rise by 8%.
Skill Salary Demand
Presentation
$62,331
13%
Tax Return
$60,124
9%
Problem Solving
$59,573
8%
Financial Statements
$58,470
6%
Analysis
$57,366
4%
Financial Analysis
$56,263
2%
Last Updated on August 27, 2024
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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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Salary.com job board provides millions of Underwriter (Life) I information for you to search for. Click on search button below to see Underwriter (Life) I job openings or enter a new job title here.

Job Openings for Underwriter (Life) I in Lakemont, NY
  • Pay Philosophy. The typical starting salary range for this role is determined by a number of factors including skills, experience, education, certification...
    - 2 Days Ago
  • Job Description. Description. Summary. Responsible for patient assessment, patient care planning, and provision of quality nursing care to an assigned grou...
    - 20 Days Ago
  • Why USAA. Responsible for leading a team in setting USAA Life Company underwriting policy in support of the Chief Life Underwriter and other senior executi...
    - 4 Days Ago
  • Why USAA. Responsible for leading a team in setting USAA Life Company underwriting policy in support of the Chief Life Underwriter and other senior executi...
    - 4 Days Ago
  • Why USAA. Responsible for leading a team in setting USAA Life Company underwriting policy in support of the Chief Life Underwriter and other senior executi...
    - 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...
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 (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

 
 
 
49546
61751
55160

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
51821
64388
57205
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 Lakemont, NY. The base salary for Underwriter (Life) I ranges from $49,546 to $61,751 with the average base salary of $55,160. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $51,821 to $64,388 with the average total cash compensation of $57,205.
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Discover how your pay is adjusted for skills, experience, and other factors

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

49546
61751

 

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About Lakemont, New York    Lakemont is a hamlet in the town of Starkey, Yates County, New York, United States. It is part of the Finger Lakes region. Lakemont is located several....More

Lakemont, New York  area prices were up 1.5% from a year ago    View the Cost of Living in Lakemont, New York

Underwriter (Life) I Salary in popular cities: New YorkBuffaloRochester

Skills associated with Underwriter (Life) I: Insurance Regulatory Guidelines, Underwriting, Risk Analysis, Contract Review ...More

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