Life Insurance Underwriter Salary in Central City, CO

Change City

How much does a Life Insurance Underwriter make in Central City, CO? The average Life Insurance Underwriter salary in Central City, CO is $59,070 as of May 28, 2024, but the salary range typically falls between $53,120 and $66,169. 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.

Search Life Insurance Underwriter Jobs in Central City, CO

Develop a Job description

Pay Equity

Salary range for an Life Insurance Underwriter

$53,120 to $66,169

Employers: Find Surveys For This Job

Employers: Price Your Company Jobs

View Average Salary for United States
Adjust Life Insurance Underwriter Salary:
Select State
Select City in CO
Choose Similar Job
Pick Related Category
View Cost of Living in Central City, Colorado

For Employees

Get a Salary Increase

Analyze the market and your qualifications to negotiate your salary with confidence.

Search Job Openings

Search thousands of open positions to find your next opportunity.

For Employers

Adjust Employee Salary

Individualize employee pay based on unique job requirements and personal qualifications.

Price My Industry Jobs

Get the latest market price for benchmark jobs and jobs in your industry.

What is a Life Insurance Underwriter?

A Life Insurance Underwriter is responsible for evaluating and assessing the risk associated with insuring individuals or businesses for life insurance policies. They review applications, medical records, and other relevant information to determine the likelihood of a policyholder making a claim. Underwriters use this information to calculate premiums and determine coverage limits. They also work closely with actuaries and other insurance professionals to ensure that policies are priced appropriately and in line with company guidelines. Additionally, they may communicate with agents and policyholders to gather additional information and clarify any discrepancies. Strong analytical skills, attention to detail, and a thorough understanding of insurance regulations are essential for success in this role.

See user submitted job responsibilities for Life Insurance Underwriter.

Search Life Insurance Underwriter Job Openings

Job Openings for Life Insurance Underwriter in Central City, CO

Virtual Commercial Insurance Underwriter

Wahve - Los Angeles , CA

b" Commercial Lines Underwriter - REMOTE Put your Insurance Experience to work - FROM HOME! At ... Our unique platform provides you with real work/life balance and allows you to customize your own ...

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 43 days ago

Insurance Underwriting Intern

DB Insurance - Anaheim , CA

... Insurance Underwriting. This part-time intern position will have fixed work hours based on ... Is one of the largest non-life insurance companies based in South Korea. DB Insurance Co., Ltd. (U

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 15 days ago

Life Insurance Field Underwriter

AMG S Group - Los Angeles , CA

Welcome to the exciting world of life insurance! As a full-time or part-time remote life insurance agent, you'll be more than just a salesperson, by helping clients secure their futures. Your main ...

ZipRecruiter - 8 days ago

Account Executive - Insurance Underwriter

Meron Financial Agency - Portland , OR

... LIFE BALANCE ONE ON ONE MENTORSHIP CUTTING EDGE TECHNOLOGY PARTNERED WITH MORE THAN 60 PLUS A ... INSURANCE COMPANIES ( Foresters, Mutual of Omaha, Transamerica, Americo, Athene, F&G, SBLI, NLG ...

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 23 days ago

Trainee to Senior Underwriter - Commercial Underwriting

First Insurance Company of Hawaii - Honolulu , HI

Experience working with Hawaii Agency Plant Underwriter II (along with the above qualifications ... insurance rate, life and disability insurance options, and more! Tokio Marine Group of Companies ...

LinkedIn - 13 days ago

Financial Analyst/Underwriter - Construction Surety

Travelers Insurance - Diamond Bar , CA

Bond & Specialty Insurance provides management and professional liability insurance, as well as ... support your daily life needs. * Volunteer Encouragement: We have a deep commitment to the ...

Lensa - 53 days ago

What does a Life Insurance Underwriter do?

Common responsibilities of a Life Insurance Underwriter

Stay updated on industry trends, regulations, and best practices in life insurance underwriting.

September 09, 2023

Communicate with insurance agents, brokers, and applicants to gather additional information and clarify underwriting requirements.

September 12, 2023

Collaborate with actuaries and other professionals to develop and update underwriting guidelines and risk assessment models.

September 15, 2023

Evaluate and assess insurance applications to determine the level of risk involved in insuring an individual or entity.

September 19, 2023

Review and approve policy endorsements, changes, and renewals.

October 02, 2023

Provide guidance and support to junior underwriters and other team members.

October 03, 2023

Make underwriting decisions based on established guidelines and risk assessment criteria.

October 16, 2023

Calculate insurance premiums based on risk assessment and underwriting guidelines.

October 21, 2023

Analyze medical records, financial information, and other relevant data to determine the insurability of an applicant.

November 07, 2023

Participate in underwriting audits and quality assurance processes to ensure compliance with company policies and regulatory requirements.

November 23, 2023

Submit Other Responsibilities

Not the job you're looking for? Search more salaries here:

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

Detailed skills and competency reports for specific positions
Job and employee pricing reports
Compensation data tools, salary structures, surveys and benchmarks.

Learn about

Life Insurance Underwriter Salary By Experience Levels in Central City, CO

How much should you be earning in Life Insurance Underwriter in Central City, CO based on your current experience?

Tell us how much experience you have and see an estimate of earnings and view how different experience leavels impact potential pay for Life Insurance Underwriter in Central City, CO

RELEVANT JOB EXPERIENCE

Length of experience is a pay differentiator. Those with greater experience may have an advantage in negotiating salary. For those with less experience, other factors such as education or special skills could impact your pay. Please visit Professional Salary Report for more details.

Life Insurance Underwriter Salary By Level of Education in Central City, CO

Do you know how much should you be paid for a Life Insurance Underwriter position in Central City, CO based on your education level?

Tell us about your education and see an estimate of earnings for Life Insurance Underwriter in Central City, CO and well to know the impact of education on future careers.

LEVEL OF EDUCATION

Depending on the job, educational levels may have a significant impact on pay levels. Be informed and understand how things like education and certifications can help to increase potential earnings for the career you are interested in. Please visit Professional Salary Report for more details.

Average Salary Range for Life Insurance Underwriter in Central City, CO

Average Base Salary

Core compensation

53120

66169

59070

Average Total Cash Compensation

Includes base and annual incentives

55514

69024

61285

What is the average salary for Life Insurance Underwriter in 2024?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Life Insurance Underwriter in Central City, CO. The base salary for Life Insurance Underwriter ranges from $53,120 to $66,169 with the average base salary of $59,070. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $55,514 to $69,024 with the average total cash compensation of $61,285.

View Average Salary for Life Insurance Underwriter as table

	Average Salary	Average Salary Range
Base Salary	$59,070	$53,120 - $66,169
Bonus	$2,215	$2,394 - $2,855
Total Pay	$61,285	$55,514 - $69,024

* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.

* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.

Life Insurance Underwriter Salary Near Central City, CO

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Central City, CO
CITY, STATE Arvada, CO	AVERAGE SALARY RANGE $51,760 - $64,475	COMPARE TO Central City, CO
CITY, STATE Boulder, CO	AVERAGE SALARY RANGE $52,224 - $65,052	COMPARE TO Central City, CO
CITY, STATE Broomfield, CO	AVERAGE SALARY RANGE $51,839 - $64,573	COMPARE TO Central City, CO
CITY, STATE Jefferson, CO	AVERAGE SALARY RANGE $51,852 - $64,589	COMPARE TO Central City, CO
CITY, STATE Denver, CO	AVERAGE SALARY RANGE $51,760 - $64,475	COMPARE TO Central City, CO
CITY, STATE Westminster, CO	AVERAGE SALARY RANGE $51,760 - $64,475	COMPARE TO Central City, CO

See salaries for Life Insurance Underwriter in locations close to Central City, CO. Pay for the same job may vary based on the location and on the location and on other factors such as the size of company, the industry, and other local conditions.

About Central City, Colorado

The City of Central, commonly known as Central City, is the Home Rule Municipality in Gilpin and Clear Creek counties that is the county seat and the most populous municipality of Gilpin County, Colorado, United States. The city population was 663 at the 2010 United States Census. The city is a historic mining settlement founded in 1859 during the Pike's Peak Gold Rush and came to be known as the "Richest Square Mile on Earth". Central City and the adjacent city of Black Hawk form the federally designated Central City/Black Hawk Historic District. The city is now a part of the Denver-Aurora-La...

Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia

View Salary for Similar Jobs to Life Insurance Underwriter in Central City, CO

See Additional Similar Jobs

Loading results...

JOB TITLE	LOCATION	MINIMUM SALARY	MAXIMUM SALARY
JOB TITLE Life Insurance Underwriter III	LOCATION Central City, CO	MINIMUM SALARY $91,100	MAXIMUM SALARY $111,800
JOB TITLE Life Insurance Underwriter I	LOCATION Central City, CO	MINIMUM SALARY $52,590	MAXIMUM SALARY $65,550
JOB TITLE Life Insurance Underwriter II	LOCATION Central City, CO	MINIMUM SALARY $66,510	MAXIMUM SALARY $84,770
JOB TITLE Life Insurance Field Underwriter	LOCATION Central City, CO	MINIMUM SALARY $67,029	MAXIMUM SALARY $81,579
JOB TITLE Senior Life Insurance Underwriter	LOCATION Central City, CO	MINIMUM SALARY $64,111	MAXIMUM SALARY $83,179
JOB TITLE Underwriter (Life) II	LOCATION Central City, CO	MINIMUM SALARY $66,509	MAXIMUM SALARY $84,763

The Life Insurance Underwriter job could be listed using titles that are not exactly the same, but actually are for the same or very similar job. Here are some job titles in Central City, CO that might be a good fit for the type of job and salary you are looking for.

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

How much should you be paid?

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

53120

66169

About Central City, Colorado The City of Central, commonly known as Central City, is the Home Rule Municipality in Gilpin and Clear Creek counties that is the county seat and the ....More

Central City, Colorado area prices were up 2.3% from a year ago

Life Insurance Underwriter Salary in popular cities: Denver, Colorado Springs, Aurora

Recently searched related titles: Item Writer, Under Writer, Political Writer

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

Jobs with a similar salary range to Life Insurance Underwriter : Carman Apprentice, Sop Writer, Insurance Underwriting Assistant