Life Insurance Underwriter Salary in Concord, NH

How much does a Life Insurance Underwriter make in Concord, NH? The average Life Insurance Underwriter salary in Concord, NH is $58,713 as of August 27, 2024, but the salary range typically falls between $52,800 and $65,771. 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 Concord, NH

Develop a Job description

Pay Equity

2024 Compensation Trend

Benefits Consulting

Salary range for an Life Insurance Underwriter

$52,800 to $65,771

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 NH
Choose Similar Job
Pick Related Category
View Cost of Living in Concord, New Hampshire

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 Concord, NH

Licensed Insurance Sales Representative (Primarily Home)

Homesite - Buckeye , AZ

You will follow up on underwriting department requests to ensure policy underwriting adherence and ... Skills can be used in many different ways, and your life and professional experience may be ...

Job Traffic Ltd - 35 days ago

Licensed Insurance Sales Representative (Primarily Home)

Homesite - Laveen , AZ

You will follow up on underwriting department requests to ensure policy underwriting adherence and ... Skills can be used in many different ways, and your life and professional experience may be ...

Job Traffic Ltd - 35 days ago

Licensed Insurance Sales Representative (Primarily Home)

Homesite - Phoenix , AZ

You will follow up on underwriting department requests to ensure policy underwriting adherence and ... Skills can be used in many different ways, and your life and professional experience may be ...

Job Traffic Ltd - 35 days ago

Licensed Insurance Sales Representative (Primarily Home)

Homesite - Glendale , AZ

You will follow up on underwriting department requests to ensure policy underwriting adherence and ... Skills can be used in many different ways, and your life and professional experience may be ...

Job Traffic Ltd - 35 days ago

Licensed Insurance Sales Representative (Primarily Home)

Homesite - Chandler , AZ

You will follow up on underwriting department requests to ensure policy underwriting adherence and ... Skills can be used in many different ways, and your life and professional experience may be ...

Job Traffic Ltd - 35 days ago

Licensed Insurance Sales Representative (Primarily Home)

Homesite - Apache Junction , AZ

You will follow up on underwriting department requests to ensure policy underwriting adherence and ... Skills can be used in many different ways, and your life and professional experience may be ...

Job Traffic Ltd - 35 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

Employers Empower Your Talent Strategy with Salary.com's Skills Library.

View Job Skills and Competency Data for more than 15,000 Job Titles, 18 Industries, and 26 Job Families.

Employers Struggling with Managing Your Job Descriptions?

Our job description management tool- JobArchitect streamlines your job description process. Say goodbye to the hassle of crafting job descriptions.

Explore JobArchitect

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.

Life Insurance Underwriter Salary By Experience Levels in Concord, NH

How much should you be earning in Life Insurance Underwriter in Concord, NH 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 Concord, NH

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 Concord, NH

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

Tell us about your education and see an estimate of earnings for Life Insurance Underwriter in Concord, NH 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 Concord, NH

Average Base Salary

Core compensation

52800

65771

58713

Average Total Cash Compensation

Includes base and annual incentives

55180

68609

60915

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 Concord, NH. The base salary for Life Insurance Underwriter ranges from $52,800 to $65,771 with the average base salary of $58,713. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $55,180 to $68,609 with the average total cash compensation of $60,915.

View Average Salary for Life Insurance Underwriter as table

	Average Salary	Average Salary Range
Base Salary	$58,713	$52,800 - $65,771
Bonus	$2,202	$2,380 - $2,838
Total Pay	$60,915	$55,180 - $68,609

* 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 Concord, NH

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Concord, NH
CITY, STATE Manchester, NH	AVERAGE SALARY RANGE $52,493 - $65,388	COMPARE TO Concord, NH
CITY, STATE Bedford, NH	AVERAGE SALARY RANGE $52,493 - $65,388	COMPARE TO Concord, NH
CITY, STATE Merrimack, NH	AVERAGE SALARY RANGE $55,461 - $69,085	COMPARE TO Concord, NH
CITY, STATE Derry, NH	AVERAGE SALARY RANGE $53,917 - $67,162	COMPARE TO Concord, NH
CITY, STATE Rochester, NH	AVERAGE SALARY RANGE $52,534 - $65,439	COMPARE TO Concord, NH
CITY, STATE Dover, NH	AVERAGE SALARY RANGE $52,749 - $65,707	COMPARE TO Concord, NH

See salaries for Life Insurance Underwriter in locations close to Concord, NH. 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 Concord, New Hampshire

Concord is located at 43°12′24″N 71°32′17″W / 43.20667°N 71.53806°W / 43.20667; -71.53806 (43.2070, −71.5371). According to the United States Census Bureau, the city has a total area of 67.5 square miles (174.8 km2). 64.2 square miles (166.4 km2) of it is land and 3.2 square miles (8.4 km2) of it is water, comprising 4.79% of the city. Concord is drained by the Merrimack River. Penacook Lake is in the west. The highest point in Concord is 860 feet (260 m) above sea level on Oak Hill, just west of the hill's 970-foot (300 m) summit in neighboring Loudon. Concord lies fully within the Merrima...

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

View Salary for Similar Jobs to Life Insurance Underwriter in Concord, NH

See Additional Similar Jobs

Loading results...

JOB TITLE	LOCATION	MINIMUM SALARY	MAXIMUM SALARY
JOB TITLE Life Insurance Underwriter III	LOCATION Concord, NH	MINIMUM SALARY $90,800	MAXIMUM SALARY $111,400
JOB TITLE Life Insurance Underwriter I	LOCATION Concord, NH	MINIMUM SALARY $52,390	MAXIMUM SALARY $65,300
JOB TITLE Life Insurance Underwriter II	LOCATION Concord, NH	MINIMUM SALARY $66,270	MAXIMUM SALARY $84,450
JOB TITLE Life Insurance Field Underwriter	LOCATION Concord, NH	MINIMUM SALARY $66,672	MAXIMUM SALARY $81,142
JOB TITLE Senior Life Insurance Underwriter	LOCATION Concord, NH	MINIMUM SALARY $64,611	MAXIMUM SALARY $83,830
JOB TITLE Underwriter (Life) II	LOCATION Concord, NH	MINIMUM SALARY $66,262	MAXIMUM SALARY $84,442

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 Concord, NH 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.

52800

65771

About Concord, New Hampshire Concord is located at 43°12′24″N 71°32′17″W / 43.20667°N 71.53806°W / 43.20667; -71.53806 (43.2070, −71.5371). According to the United States Censu....More

Concord, New Hampshire area prices were up 1.4% from a year ago

Life Insurance Underwriter Salary in popular cities: Manchester, Nashua, Derry

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