How much does an Underwriter (Life) III make in the United States? The average Underwriter (Life) III salary in the United States is $97,581 as of June 27, 2024, but the range typically falls between $87,528 and $107,388. 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, helps you determine your exact pay target. 

Underwriter (Life) III Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Underwriter (Life) III Salary $78,375 US June 27, 2024
25th Percentile Underwriter (Life) III Salary $87,528 US June 27, 2024
50th Percentile Underwriter (Life) III Salary $97,581 US June 27, 2024
75th Percentile Underwriter (Life) III Salary $107,388 US June 27, 2024
90th Percentile Underwriter (Life) III Salary $116,317 US June 27, 2024
25% $87,528 10% $78,375 90% $116,317 75% $107,388 $97,581 50%(Median) Didn’t find job title? Click
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What skills does an Underwriter (Life) III 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.


Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.


Credit Reports: Credit report is a statement that has information about your credit activity and current credit situation such as loan paying history and the status of your credit accounts. It allows to check for any delinquency in past and present credit accounts.


Financial Analysis: Financial statement analysis (or financial analysis) is the process of reviewing and analyzing a company's financial statements to make better economic decisions to earn income in future. These statements include the income statement, balance sheet, statement of cash flows, notes to accounts and a statement of changes in equity (if applicable). Financial statement analysis is a method or process involving specific techniques for evaluating risks, performance, financial health, and future prospects of an organization. It is used by a variety of stakeholders, such as credit and equity investors, the government, the public, and decision-makers within the organization. These stakeholders have different interests and apply a variety of different techniques to meet their needs. For example, equity investors are interested in the long-term earnings power of the organization and perhaps the sustainability and growth of dividend payments. Creditors want to ensure the interest and principal is paid on the organizations debt securities (e.g., bonds) when due.

Analysis 6.42%
Credit Reports 1.32%
Financial Analysis 1.04%
Others 91.22%
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Job Description for Underwriter (Life) III

Underwriter (Life) III 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) III approves or denies applications on own discretion. Typically requires a bachelor's degree. Additionally, Underwriter (Life) III typically reports to a manager. The Underwriter (Life) III contributes to moderately complex aspects of a project. Work is generally independent and collaborative in nature. To be an Underwriter (Life) III typically requires 4 to 7 years of related experience. (Copyright 2024 View full job description

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See user submitted job responsibilities for Underwriter (Life) III. job board provides millions of Underwriter (Life) III information for you to search for. Click on search button below to see Underwriter (Life) III job openings or enter a new job title here.

Job Openings for Underwriter (Life) III
  • Overview. This is a hybrid role, with the expectation that time working will regularly take place inside and outside of a company office. First Citizens Po...
    - 5 Days Ago
  • Overview. This is a hybrid role, with the expectation that time working will regularly take place inside and outside of a company office. First Citizens He...
    - 5 Days Ago
  • Zurich is currently hiring an experienced. Life Sciences Underwriter to join the Middle Market team in NY/NJ. . Middle Markets is a key business segment wi...
    - 2 Days Ago
  • What can go right when you can grow your career. . Now is the time to move forward and make a difference. At Zurich, we want you to share your unique persp...
    - 1 Day Ago
  • Amentum is currently seeking a Life Cycle Logistics Management Analyst III to support the PM Soldier Survivability (PM SSV) project office under Program Ex...
    - 1 Day Ago

Career Path for Underwriter (Life) III

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) III, the first career path typically starts with a Health Underwriting Manager position, and then Health Underwriting Director.

The second career path typically starts with a Life Underwriting Supervisor position, and then progresses to Life Underwriting Manager.

The third career path typically starts with an Underwriter (P/C) IV position, and then progresses to Property Casualty Underwriting Supervisor.

Additionally, the fourth career path typically starts with an Underwriter IV position, and then progresses to Underwriter V.

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) III salary varies from city to city. Compared with national average salary of Underwriter (Life) III, the highest Underwriter (Life) III salary is in San Francisco, CA, where the Underwriter (Life) III salary is 25.0% above. The lowest Underwriter (Life) III salary is in Miami, FL, where the Underwriter (Life) III 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
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

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Average Total Cash Compensation

Includes base and annual incentives

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Underwriter (Life) III in the United States. The base salary for Underwriter (Life) III ranges from $87,528 to $107,388 with the average base salary of $97,581. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $93,262 to $116,419 with the average total cash compensation of $104,402.
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Skills associated with Underwriter (Life) III: Insurance Regulatory Guidelines, Policy Analysis, Loss Run Analysis, Risk Analysis ...More

Salary estimation for Underwriter (Life) III at companies like : Photo Lens Rental, Atlanta Regional Readiness Center, KNEX Global Services Inc

Underwriter (Life) III Salary in United States
Underwriter (Life) III Salary Graph, Regional Distribution and Summary