How much does a Commercial Lines Underwriter make in Bangor, ME? The average Commercial Lines Underwriter salary in Bangor, ME is $73,415 as of April 24, 2024, but the salary range typically falls between $65,732 and $84,722. 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.

Based on HR-reported data: a national average with a geographic differential
Commercial Lines Underwriter Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Commercial Lines Underwriter Salary $58,737 Bangor,ME April 24, 2024
25th Percentile Commercial Lines Underwriter Salary $65,732 Bangor,ME April 24, 2024
50th Percentile Commercial Lines Underwriter Salary $73,415 Bangor,ME April 24, 2024
75th Percentile Commercial Lines Underwriter Salary $84,722 Bangor,ME April 24, 2024
90th Percentile Commercial Lines Underwriter Salary $95,018 Bangor,ME April 24, 2024
25% $65,732 10% $58,737 90% $95,018 75% $84,722 $73,415 50%(Median) Didn’t find job title? Click
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Check out Commercial Lines Underwriter jobs in Bangor, Maine

Commercial Lines Producer

Rousseau Insurance Agency - Biddeford, ME

Commercial Lines Producer

Cross Insurance - Portland, ME

Commercial Lines Account Manager

Cross Insurance - Portland, ME

Commercial Lines Account Manager

United Insurance - Madawaska, ME

What is a Commercial Lines Underwriter ?

Underwriting services are provided by some large financial institutions, such as banks, or insurance or investment houses, whereby they guarantee payment in case of damage or financial loss and accept the financial risk for liability arising from such guarantee. An underwriting arrangement may be created in a number of situations including insurance, issue of securities in a public offering, and bank lending, among others. The person or institution that agrees to sell a minimum number of securities of the company for commission is called the underwriter. The name derives from the Lloyd's of ...

Source: Wikipedia (as of 04/18/2019). Read more from Wikipedia

See user submitted job responsibilities for Commercial Lines Underwriter.

Job Openings for Commercial Lines Underwriter in Bangor, ME
  • Commercial Lines Producer. . . About Our Company. . Rousseau Insurance Agency is a third-generation family owned independent insurance agency located in Bi...
    - 4 Days Ago
  • The Cross Family of Agencies welcomes you. We need your talent and expertise. Commercial Lines Producer - The Commercial Lines Producer will lead new sales...
    - 3 Days Ago
  • The Cross Family of Agencies welcomes you. We need your talent and expertise. Account Managers are primarily responsible for servicing policies (new and re...
    - 5 Days Ago
  • Job Description. Job Description. Description. Estimated salary (if shown) is AI generated through Indeed. Pay is based on experience and will be discussed...
    - 4 Days Ago
  • Let's care for tomorrow. Your ambitions. Your dreams. Your tomorrow. Whether it's aircraft, international business, offshore wind parks, or Hollywood film ...
    - 4 Days Ago

Career Path for this job

  1. Down a level:

    Underwriter I

    0 - 2 years experience
    Bachelor's Degree

  2. This Job:

    Commercial Lines Underwriter

    2 - 4 years experience
    Bachelor's Degree

  3. Up a level:

    Underwriter III

    4 - 7 years experience
    Bachelor's Degree

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Understand the total compensation opportunity for a Commercial Lines Underwriter, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
65732
84722
73415

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
68299
90127
76983
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Commercial Lines Underwriter in Bangor, ME. The base salary for Commercial Lines Underwriter ranges from $65,732 to $84,722 with the average base salary of $73,415. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $68,299 to $90,127 with the average total cash compensation of $76,983.

Discover how your pay is adjusted for skills, experience, and other factors

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For a real-time salary target, tell us more about your role in the four categories below.

65732
84722

 

About Bangor, Maine    Bangor is located at 44°48′N 68°48′W / 44.8°N 68.8°W / 44.8; -68.8. According to the United States Census Bureau, the city has a total area of 34.5....More

Bangor, Maine  area prices were up 1.6% from a year ago

Commercial Lines Underwriter Salary in popular cities: PortlandLewistonSouth Portland

Skills associated with Commercial Lines Underwriter: Underwriting

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