Life Insurance Underwriter Salary in Gastonia, NC

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How much does a Life Insurance Underwriter make in Gastonia, NC? The average Life Insurance Underwriter salary in Gastonia, NC is $55,129 as of August 27, 2024, but the salary range typically falls between $49,577 and $61,755. 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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Salary range for an Life Insurance Underwriter

$49,577 to $61,755

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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.

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Job Openings for Life Insurance Underwriter in Gastonia, NC

Loan Underwriter

TalentPort Consulting - Carlsbad , CA

Loan Underwriter (Commercial Real Estate) What would it be like to work with a less corporate and ... Medical, Dental, Vision and Life Insurance * Retirement plan with employer match * Profit Sharing ...

LinkedIn - 24 days ago

MGU Underwriter I

USI Insurance Services - Carrollton , GA

Underwrite and price exposures in accordance with filed and approved program rate levels and ... life insurance and other unique employer-sponsored and voluntary programs. USI also offers a ...

LinkedIn - 46 days ago

Supervisor or Manager - Commercial Underwriting

First Insurance Company of Hawaii - Honolulu , HI

Work with other Commercial Underwriting (CUW) managers to lead the Commercial Underwriters. Provide ... life and disability insurance options, and more! Salary: Salary offer is based on a number of ...

LinkedIn - 36 days ago

Insurance Care Advisor - Personal Lines (Remote - NY State)

Pearl Insurance, a division of One80 Intermediaries - Denver , CO

... life, and retirement savings, and 10 days of paid time off and 11 paid holidays for eligible ... In 2022, Business Insurance ranked One80 as the 5th Largest MGA/Underwriting Manager/Lloyd ...

LinkedIn - 27 days ago

Licensed Insurance Sales Representative (Primarily Home)

Homesite - Youngtown , 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 - 37 days ago

Field Claims Representative

Auto-Owners Insurance - Indianapolis , IN

This job handles insurance claims in the field under general supervision through the life-cycle of ... underwriting guidelines for coverage Benefits Auto-Owners offers a wide range of career ...

LinkedIn - 9 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

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Life Insurance Underwriter Salary By Experience Levels in Gastonia, NC

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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 Gastonia, NC

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LEVEL OF EDUCATION

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Average Salary Range for Life Insurance Underwriter in Gastonia, NC

Average Base Salary

Core compensation

49577

61755

55129

Average Total Cash Compensation

Includes base and annual incentives

51811

64420

57197

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 Gastonia, NC. The base salary for Life Insurance Underwriter ranges from $49,577 to $61,755 with the average base salary of $55,129. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $51,811 to $64,420 with the average total cash compensation of $57,197.

View Average Salary for Life Insurance Underwriter as table

	Average Salary	Average Salary Range
Base Salary	$55,129	$49,577 - $61,755
Bonus	$2,068	$2,234 - $2,665
Total Pay	$57,197	$51,811 - $64,420

* 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 Gastonia, NC

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Gastonia, NC
CITY, STATE Rock Hill, SC	AVERAGE SALARY RANGE $50,360 - $62,731	COMPARE TO Gastonia, NC
CITY, STATE Charlotte, NC	AVERAGE SALARY RANGE $49,980 - $62,258	COMPARE TO Gastonia, NC
CITY, STATE Hickory, NC	AVERAGE SALARY RANGE $49,640 - $61,834	COMPARE TO Gastonia, NC
CITY, STATE Concord, NC	AVERAGE SALARY RANGE $49,052 - $61,102	COMPARE TO Gastonia, NC
CITY, STATE Kannapolis, NC	AVERAGE SALARY RANGE $48,435 - $60,332	COMPARE TO Gastonia, NC
CITY, STATE Spartanburg, SC	AVERAGE SALARY RANGE $48,088 - $59,901	COMPARE TO Gastonia, NC

See salaries for Life Insurance Underwriter in locations close to Gastonia, NC. 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 Gastonia, North Carolina

Gastonia is the largest city in and county seat of Gaston County, North Carolina, United States. It is also the second largest satellite city of the Charlotte area, behind Concord. The population was 71,741 at the 2010 Census. In 2016, the population had increased to 75,536. Gastonia is the 13th largest city in North Carolina. It is part of the Charlotte metropolitan area, officially designated the Charlotte Metropolitan Statistical Area (MSA). Gastonia has experienced steady growth, with a population increase between 2000 and 2010 of nearly 8.2%, according to the U.S. Census Bureau. According...

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

View Salary for Similar Jobs to Life Insurance Underwriter in Gastonia, NC

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JOB TITLE	LOCATION	MINIMUM SALARY	MAXIMUM SALARY
JOB TITLE Life Insurance Underwriter III	LOCATION Gastonia, NC	MINIMUM SALARY $85,300	MAXIMUM SALARY $104,600
JOB TITLE Life Insurance Underwriter I	LOCATION Gastonia, NC	MINIMUM SALARY $49,200	MAXIMUM SALARY $61,310
JOB TITLE Life Insurance Underwriter II	LOCATION Gastonia, NC	MINIMUM SALARY $62,220	MAXIMUM SALARY $79,290
JOB TITLE Life Insurance Field Underwriter	LOCATION Gastonia, NC	MINIMUM SALARY $62,602	MAXIMUM SALARY $76,188
JOB TITLE Senior Life Insurance Underwriter	LOCATION Gastonia, NC	MINIMUM SALARY $64,611	MAXIMUM SALARY $83,830
JOB TITLE Underwriter (Life) II	LOCATION Gastonia, NC	MINIMUM SALARY $62,217	MAXIMUM SALARY $79,287

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 Gastonia, NC that might be a good fit for the type of job and salary you are looking for.

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49577

61755

About Gastonia, North Carolina Gastonia is the largest city in and county seat of Gaston County, North Carolina, United States. It is also the second largest satellite city of the C....More

Gastonia, North Carolina area prices were up 1.5% from a year ago

Life Insurance Underwriter Salary in popular cities: Charlotte, Raleigh, Greensboro

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