How Much Does a Group Insurance Underwriter III make?

Group Insurance Underwriter III made a median salary around $88,398 in December, 2024. The best-paid 25 percent made $101,643 probably that year, while the lowest-paid 25 percent made around $78,688. 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.
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Best-Paying Cities for Group Insurance Underwriter III

The metropolitan areas that pay the highest salary in the Group Insurance Underwriter III profession are Elora , Flintville , Taft , Cornersville , Dellrose .
Elora, TN $92,580
Flintville, TN $92,580
Taft, TN $92,580
Cornersville, TN $92,483
Dellrose, TN $92,483

Best-Paying States for Group Insurance Underwriter III

The states and districts that pay Group Insurance Underwriter III the highest salary are District of Columbia (around $108,237) , California (around $107,264) , New Jersey (around $106,584) , Alaska (around $105,903) , and Massachusetts (around $105,806) .
District of Columbia $108,237
California $107,264
New Jersey $106,584
Alaska $105,903
Massachusetts $105,806

What is the Career Path of Group Insurance Underwriter 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 Group Insurance Underwriter III, the first career path typically starts with a Health Underwriting Manager position , and then progresses to Health Underwriting Director.

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

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

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

Besides, Group Insurance Underwriter III can also turn to other related jobs, including Life Insurance Underwriter III , Group Underwriter III , Group Insurance Underwriter I and Group Insurance Underwriter II .

Frequently Asked Questions for Group Insurance Underwriter III

Q: What is the salary range of Group Insurance Underwriter III in Chattanooga, TN?
A: In 2024 , the lowest-paid Group Insurance Underwriter III in Chattanooga, TN earned an average annual salary of $78,688 , while the highest-paid made $101,643.
Q: What is the salary for a Group Insurance Underwriter III in California?
A: Group Insurance Underwriter III employed in California earned an average salary of $107,264 in 2024.

Average Group Insurance Underwriter III Pay vs. Other Jobs

Group Insurance Underwriter III earned an average salary of $88,398 in 2024. Other jobs related to Group Insurance Underwriter III earned the following average salary in December, 2024. Life Insurance Underwriter III made $89,800 , Group Underwriter III made $88,398 , Group Insurance Underwriter I and Group Insurance Underwriter II made $57,146 and $68,290 respectively .

Relevant Jobs of Group Insurance Underwriter III

Life Insurance Underwriter III - Average Salary $89,800
The Life Insurance Underwriter III calculates rates and premiums from approved decrement tables. Reviews medical, occupational, financial, and legal information to select or reject individual or group life insurance applications. Being a Life Insurance Underwriter III typically requires a bachelor's degree. Approves or denies applications on own discretion. In addition, Life Insurance Underwriter III typically reports to a manager. Being a Life Insurance Underwriter III contributes to moderately complex aspects of a project. Work is generally independent and collaborative in nature. Working as a Life Insurance Underwriter III typically requires 4 to 7 years of related experience.
Group Underwriter III - Average Salary $88,398
There is currently no job description for Group Underwriter III, be the first to submit the job responsibilities for Group Underwriter III.
Group Insurance Underwriter I - Average Salary $57,146
There is currently no job description for Group Insurance Underwriter I, be the first to submit the job responsibilities for Group Insurance Underwriter I.
Group Insurance Underwriter II - Average Salary $68,290
There is currently no job description for Group Insurance Underwriter II, be the first to submit the job responsibilities for Group Insurance Underwriter II.
Insurance Underwriter III - Average Salary $87,500
The Insurance Underwriter III utilizes underwriting guidelines, rules, standards, and levels of authority to accept, reject, or mitigate risk for applications and determine appropriate premiums, limits, and coverages. Reviews and analyzes risk characteristics on insurance applications, renewals, and change requests. Being a Insurance Underwriter III ensures that underwriting activities comply with all industry and governmental regulations. Calculates renewal rates. In addition, Insurance Underwriter III may coordinate with field agents to collect or clarify information or decisions. Typically requires a bachelor's degree or equivalent. Typically reports to a supervisor or manager. Being a Insurance Underwriter III work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. Working as a Insurance Underwriter III typically requires 4-7 years of related experience.