How much does an Underwriter (P/C) III make in the United States? The average Underwriter (P/C) III salary in the United States is $95,558 as of June 27, 2024, but the range typically falls between $82,397 and $108,960. 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 (P/C) III Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Underwriter (P/C) III Salary $70,416 US June 27, 2024
25th Percentile Underwriter (P/C) III Salary $82,397 US June 27, 2024
50th Percentile Underwriter (P/C) III Salary $95,558 US June 27, 2024
75th Percentile Underwriter (P/C) III Salary $108,960 US June 27, 2024
90th Percentile Underwriter (P/C) III Salary $121,163 US June 27, 2024
25% $82,397 10% $70,416 90% $121,163 75% $108,960 $95,558 50%(Median) Didn’t find job title? Click
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What skills does an Underwriter (P/C) 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.


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.


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 6.4%
Futures 1.32%
Financial Analysis 1.06%
Others 91.22%
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Job Description for Underwriter (P/C) III

Underwriter (P/C) III analyzes and reviews inspection reports, location, risk, credit reports, etc. to accept or reject renewal/new property and casualty policy applications. Decides on appropriate premium rates and issues coverage. Being an Underwriter (P/C) III provides customer services regarding underwriting processes and decisions. May communicate with field agents to gather additional information or to explain underwriting decisions. Additionally, Underwriter (P/C) III typically requires a bachelor's degree or equivalent. May require certification as a Chartered Property Casualty Underwriter (CPCU). Typically reports to a supervisor or manager. The Underwriter (P/C) III work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. To be an Underwriter (P/C) III typically requires 4-7 years of related experience. (Copyright 2024 View full job description

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

Job Openings for Underwriter (P/C) 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...
    - 3 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...
    - 3 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...
    - 4 Days Ago
  • Zurich is seeking a Construction Casualty Underwriter Level II or Sr. Level III for our Commercial Insurance team in our Washington, DC office. This is a h...
    - 2 Days Ago
  • Zurich is seeking an experienced Construction Casualty Underwriter, (Sr. Level III or AVP Level IV) to join our National Accounts team. We are seeking tale...
    - 4 Days Ago

Career Path for Underwriter (P/C) 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 (P/C) 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...
Pamela J. Shelley-Kessler, Co-President, Chief Financial Officer and Corporate Secretary
LTC is a real estate investment trust (REIT) investing in seniors housing and health care properties primarily through sale-leasebacks, mortgage financing, joint-ventures and structured finance solutions including preferred equity and mezzanine lending. LTC's investment portfolio includes 208 properties in 27 states wi... More
Fiscal Year Ended in 2022
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Underwriter (P/C) III salary varies from city to city. Compared with national average salary of Underwriter (P/C) III, the highest Underwriter (P/C) III salary is in San Francisco, CA, where the Underwriter (P/C) III salary is 25.0% above. The lowest Underwriter (P/C) III salary is in Miami, FL, where the Underwriter (P/C) 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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These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Underwriter (P/C) III in the United States. The base salary for Underwriter (P/C) III ranges from $82,397 to $108,960 with the average base salary of $95,558. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $86,162 to $116,640 with the average total cash compensation of $101,931.
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Skills associated with Underwriter (P/C) III: Calculate Ratings, Loss Run Analysis, Risk Mitigation, Reinsurance ...More

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Underwriter (P/C) III Salary in United States
Underwriter (P/C) III Salary Graph, Regional Distribution and Summary