Medical Underwriter Salary in Waterloo, IA
How Much Does a Medical Underwriter make?
Medical Underwriter made a median salary around $53,336 in December, 2024.
The best-paid 25 percent made $59,744 probably that year, while the lowest-paid 25 percent made around $47,966.
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.
Check out
Medical Underwriter
jobs in
Waterloo, Iowa
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Best-Paying Cities for Medical Underwriter
The metropolitan areas that pay the highest salary in the Medical Underwriter profession are Buffalo Center
, Carpenter
, Chester
, Grafton
, Joice
.
| Buffalo Center, IA | $57,010 |
| Carpenter, IA | $57,010 |
| Chester, IA | $57,010 |
| Grafton, IA | $57,010 |
| Joice, IA | $57,010 |
Best-Paying States for Medical Underwriter
The states and districts that pay Medical Underwriter the highest salary are District of Columbia (around $63,900)
, California (around $63,326)
, New Jersey (around $62,924)
, Alaska (around $62,522)
, and Massachusetts (around $62,465)
.
| District of Columbia | $63,900 |
| California | $63,326 |
| New Jersey | $62,924 |
| Alaska | $62,522 |
| Massachusetts | $62,465 |
What is the Career Path of Medical Underwriter?
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 Medical Underwriter, the first career path typically starts with a Health Underwriter position , and then progresses to Health Underwriting Director.
The second career path typically starts with an Underwriter (Life) II position , and then progresses to Life Underwriting Director.
The third career path typically starts with an Underwriter (P/C) II position , and then progresses to Property Casualty Underwriting Director.
Additionally, the fourth career path typically starts with an Underwriter II position , and then progresses to Chief Underwriting Officer.
Besides, Medical Underwriter can also turn to other related jobs, including
Medical Underwriter - Senior
,
Health Underwriter
,
Health Underwriter, Sr.
and
Underwriter (Life) I
.
Frequently Asked Questions for Medical Underwriter
Q:
What is the salary range of Medical Underwriter in Waterloo, IA?
A:
In 2024
, the lowest-paid Medical Underwriter in Waterloo, IA earned an average annual salary of $47,966
, while the highest-paid made $59,744.
Q:
What is the salary for a Medical Underwriter in California?
A:
Medical Underwriter employed in California earned an average salary of $63,326 in 2024.
Average Medical Underwriter Pay vs. Other Jobs
Medical Underwriter earned an average salary of $53,336 in 2024.
Other jobs related to Medical Underwriter earned the following average salary in December, 2024.
Medical Underwriter - Senior
made $84,620
,
Health Underwriter
made $63,575
,
Health Underwriter, Sr.
and
Underwriter (Life) I
made $84,611
and $52,865 respectively
.
Relevant Jobs of Medical Underwriter
The Medical Underwriter - Senior calculates and recommends pricing. Reviews applications for coverage, gathers data and assesses risk related to qualifying a candidate for health insurance. Being a Medical Underwriter - Senior requires a bachelor's degree. Performs group and/or individual underwriting. In addition, Medical Underwriter - Senior typically reports to supervisor or manager. Being a Medical Underwriter - Senior contributes to moderately complex aspects of a project. Work is generally independent and collaborative in nature. Working as a Medical Underwriter - Senior typically requires 4 to 7 years of related experience.
Health Underwriter reviews applications for coverage, gathers data, and assesses risk related to qualifying a candidate for health insurance. Calculates and recommends pricing. Being a Health Underwriter performs group and/or individual underwriting. May require a bachelor's degree. Additionally, Health Underwriter typically reports to a supervisor or manager. The Health Underwriter gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. To be a Health Underwriter typically requires 2 to 4 years of related experience.
Health Underwriter, Sr. reviews applications for coverage, gathers data and assesses risk related to qualifying a candidate for health insurance. Calculates and recommends pricing. Being a Health Underwriter, Sr. performs group and/or individual underwriting. Requires a bachelor's degree. Additionally, Health Underwriter, Sr. typically reports to supervisor or manager. The Health Underwriter, Sr. contributes to moderately complex aspects of a project. Work is generally independent and collaborative in nature. To be a Health Underwriter, Sr. typically requires 4 to 7 years of related experience.
Underwriter (Life) I 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) I may have contact with the field force for information on which to base decisions. May require a bachelor's degree. Additionally, Underwriter (Life) I typically reports to a supervisor or manager. The Underwriter (Life) I works on projects/matters of limited complexity in a support role. Work is closely managed. To be an Underwriter (Life) I typically requires 0-2 years of related experience.
Underwriter (Life) II 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) II approves or denies applications on own discretion. May require a bachelor's degree. Additionally, Underwriter (Life) II typically reports to a supervisor or manager. The Underwriter (Life) II gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. To be an Underwriter (Life) II typically requires 2 to 4 years of related experience.