Commercial Lines Underwriter Salary in Rio Rancho, New Mexico

Commercial Lines Underwriter Salary in Rio Rancho, NM

How much does a Commercial Lines Underwriter make in Rio Rancho, NM? The average Commercial Lines Underwriter salary in Rio Rancho, NM is $72,503 as of September 01, 2024, but the salary range typically falls between $64,918 and $83,672. 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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Commercial Lines Underwriter Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Commercial Lines Underwriter Salary $58,012 Rio Rancho,NM September 01, 2024
25th Percentile Commercial Lines Underwriter Salary $64,918 Rio Rancho,NM September 01, 2024
50th Percentile Commercial Lines Underwriter Salary $72,503 Rio Rancho,NM September 01, 2024
75th Percentile Commercial Lines Underwriter Salary $83,672 Rio Rancho,NM September 01, 2024
90th Percentile Commercial Lines Underwriter Salary $93,841 Rio Rancho,NM September 01, 2024
25% $64,918 10% $58,012 90% $93,841 75% $83,672 $72,503 50%(Median) Didn’t find job title? Click
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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.

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Job Openings for Commercial Lines Underwriter in Rio Rancho, NM

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

 
 
 
64918
83672
72503

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
67452
89013
76028
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 Rio Rancho, NM. The base salary for Commercial Lines Underwriter ranges from $64,918 to $83,672 with the average base salary of $72,503. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $67,452 to $89,013 with the average total cash compensation of $76,028.

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

64918
83672

 

About Rio Rancho, New Mexico    Rio Rancho (Spanish: Río Rancho) is the largest city and economic hub of Sandoval County in the U.S. state of New Mexico. A small portion of the city ....More

Rio Rancho, New Mexico  area prices were up 2.5% from a year ago

Commercial Lines Underwriter Salary in popular cities: Albuquerque, Las Cruces, Santa Fe

Skills associated with Commercial Lines Underwriter: Underwriting

Recently searched related titles: Account Underwriter, Personal Lines Underwriter, Airfield Operations Officer

Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap, Job Openings for This Role

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