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Underwriter (Life) I Salary in Rockville, Maryland

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Underwriter (Life) I Salary in Rockville, MD

What is the highest and lowest pay for Underwriter (Life) I?

As of December 01, 2024, the average annual pay of Underwriter (Life) I in Rockville, MD is $63,278. While Salary.com is seeing that the highest pay for Underwriter (Life) I in Rockville, MD can go up to $77,716 and the lowest down to $50,974, but most earn between $56,838 and $70,836. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Underwriter (Life) I in the United States.

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Underwriter (Life) I Salaries by Percentile
Annual
Salary		 Monthly
Pay		 Weekly
Pay		 Hourly
Wage
75th Percentile $63,701 $5,308 $1,225 $31
Average $56,905 $4,742 $1,094 $27
25th Percentile $51,113 $4,259 $983 $25
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Average Salary

25% $56,838 10% $50,974 90% $77,716 75% $70,836 $63,278 50%(Median) Didn’t find job title? Click
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View Underwriter (Life) I Salary by Hour, Week, Month, Year

Salary.com provides you with accurate and diversified Underwriter (Life) I salary data based on specialized databases to help you get a fairer salary. Click the switch button below to see more details about Underwriter (Life) I hourly pay, weekly pay, monthly pay and so on.

Last Updated on December 01, 2024
$51,113
Average
$56,905/year
$63,701
$4,259
Average
$4,742/month
$5,308
$983
Average
$1,094/week
$1,225
$25
Average
$27/hour
$31
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $63,701 $5,308 $1,225 $31
Average $56,905 $4,742 $1,094 $27
25th Percentile $51,113 $4,259 $983 $25
Last Updated on December 01, 2024

View Underwriter (Life) I Salary by Experience Levels

An entry-level Underwriter (Life) I with under 1 year experience makes about $62,510. With less than 2 years of experience, a mid-level Underwriter (Life) I makes around $62,988. After 2-4 years, the Underwriter (Life) I pay rises to about $64,336. Those senior Underwriter (Life) I with 5-8 years of experience earn roughly $65,235, and those Underwriter (Life) I having 8 years or more experience are expected to earn about $65,459 on average.

Levels Salary
Entry Level Underwriter (Life) I $62,510
Intermediate Level Underwriter (Life) I $62,988
Senior Level Underwriter (Life) I $64,336
Specialist Level Underwriter (Life) I $65,235
Expert Level Underwriter (Life) I $65,459
$62,510 0 yr
$62,988 < 2 yrs
$64,336 2-4 yrs
$65,235 5-8 yrs
$65,459 > 8 yrs
Last Updated on December 01, 2024
Entry Level 10%
Mid Level 11%
Senior Level 13%
Top Level 15%
Experienced 15%
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Last Updated on December 01, 2024

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Job Openings of Underwriter (Life) I

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Cost of Living In Rockville, MD

Cost of Living in Rockville , MD is
45.0% Higher
than the National Average
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Best-Paid Skills and Qualifications for Underwriter (Life) I

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.

See More Skills
Analysis 5.62%
Pricing 1.96%
Futures 1.19%
Others 91.23%
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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 Accuracy and Attention to Detail, you can get a 38% salary raise. If you are good at Managing Multiple Priorities, your salary will increase by 38%. If you are expert in Office Support Tools, your salary will rise by 38%.
Skill Salary Demand
Accuracy and Attention to Detail
 $87,324
38%
Managing Multiple Priorities
 $87,324
38%
Office Support Tools
 $87,324
38%
Credit Analysis and Verification
 $87,324
38%
Negotiating
 $82,895
31%
Decision Making and Critical Thinking
 $72,770
15%
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Last Updated on December 01, 2024

About Our Data

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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The average salary for an Underwriter (Life) I is $63,278 per year in Rockville, MD, updated at December 01, 2024.
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