Underwriter (Life) III Salary in the United States

Underwriter (Life) III Salary

How much does an Underwriter (Life) III make in the United States? The average Underwriter (Life) III salary in the United States is $91,190 as of April 26, 2022, but the range typically falls between $81,797 and $100,355. 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. 

Salary Salary + Bonus Benefits
Based on HR-reported data: a national average with a geographic differential
View as graph View as table
25% $81,797 10% $73,246 90% $108,700 75% $100,355 $91,190 50%(Median)

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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 2022 Salary.com)... View full job description

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Job Openings for Underwriter (Life) III
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John D. Rainey, Chief Financial Officer and Executive Vice President, Global Customer Operations
PAYPAL HOLDINGS INC
PayPal Holdings, Inc. operates as a technology platform and digital payments company that enables digital and mobile payments on behalf of consumers and merchants worldwide. Its payment solutions include PayPal, PayPal Credit, Braintree, Venmo, Xoom, and iZettle products. The company's Payments Platform allows consumer... More
Fiscal Year Ended in 2020
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Underwriter (Life) III Pay Difference by Location

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
-2.6%
City, State Chicago, IL Compared to national average
+ 6.1%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 20.3%
City, State Dallas, TX Compared to national average
-0.7%

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Understand the total compensation opportunity for an Underwriter (Life) III, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
81797
100355
91190

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
87147
108785
97555
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 $81,797 to $100,355 with the average base salary of $91,190. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $87,147 to $108,785 with the average total cash compensation of $97,555.
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81797
100355

 

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Skills associated with Underwriter (Life) III: Calculate Ratings, Underwriting, Reinsurance, Contract Review ...More

Salary estimation for Underwriter (Life) III at companies like : Block, Inc., PAYPAL HOLDINGS INC, RE/MAX HOLDINGS INC

Jobs with a similar salary range to Underwriter (Life) III : Continuous Improvement Consultant, Senior Technical Sales Engineer, Senior Scientist, Formulation Development, Executive Underwriter