Life Insurance Underwriter Salary in Greenville, SC

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How much does a Life Insurance Underwriter make in Greenville, SC? The average Life Insurance Underwriter salary in Greenville, SC is $52,853 as of August 27, 2024, but the salary range typically falls between $47,530 and $59,206. 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

$47,530 to $59,206

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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 Greenville, SC

Liability underwriter

Russell Tobin - New York , NY

... Underwriter to their team responsible for evaluation and underwriting insurance policies ... insurance and hospital indemnity), 401(k)-retirement savings, life & disability insurance, an ...

LinkedIn - 10 days ago

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 - 25 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 - 37 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 - 28 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 - 38 days ago

Resident Field Claims Representative (Idaho Falls/Twin Falls)

Auto-Owners Insurance - Idaho Falls , ID

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 - 84 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 Greenville, SC

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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 Greenville, SC

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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 Greenville, SC

Average Base Salary

Core compensation

47530

59206

52853

Average Total Cash Compensation

Includes base and annual incentives

49673

61761

54835

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 Greenville, SC. The base salary for Life Insurance Underwriter ranges from $47,530 to $59,206 with the average base salary of $52,853. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $49,673 to $61,761 with the average total cash compensation of $54,835.

View Average Salary for Life Insurance Underwriter as table

	Average Salary	Average Salary Range
Base Salary	$52,853	$47,530 - $59,206
Bonus	$1,982	$2,142 - $2,555
Total Pay	$54,835	$49,673 - $61,761

* 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 Greenville, SC

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Greenville, SC
CITY, STATE Spartanburg, SC	AVERAGE SALARY RANGE $48,088 - $59,901	COMPARE TO Greenville, SC
CITY, STATE Anderson, SC	AVERAGE SALARY RANGE $47,965 - $59,748	COMPARE TO Greenville, SC
CITY, STATE Asheville, NC	AVERAGE SALARY RANGE $47,031 - $58,584	COMPARE TO Greenville, SC
CITY, STATE Rock Hill, SC	AVERAGE SALARY RANGE $50,360 - $62,731	COMPARE TO Greenville, SC
CITY, STATE Gastonia, NC	AVERAGE SALARY RANGE $50,186 - $62,514	COMPARE TO Greenville, SC
CITY, STATE Athens, GA	AVERAGE SALARY RANGE $49,894 - $62,150	COMPARE TO Greenville, SC

See salaries for Life Insurance Underwriter in locations close to Greenville, SC. 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 Greenville, South Carolina

Greenville is located at 34°50′40″N 82°23′8″W / 34.84444°N 82.38556°W / 34.84444; -82.38556 (34.844313, −82.385428), roughly equidistant between Atlanta (145 miles [233 km] southwest), and Charlotte, North Carolina (100 miles [160 km] northeast). Columbia, the state capital, is 100 miles (160 km) to the southeast. Greenville is in the foothills of the Blue Ridge Mountains, a physiographic province of the larger Appalachian Mountains range, and includes many small hills. Sassafras Mountain, the highest point in South Carolina, is in northern Pickens County, less than 40 miles (64 km) northwe...

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

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JOB TITLE	LOCATION	MINIMUM SALARY	MAXIMUM SALARY
JOB TITLE Life Insurance Underwriter III	LOCATION Greenville, SC	MINIMUM SALARY $81,700	MAXIMUM SALARY $100,300
JOB TITLE Life Insurance Underwriter I	LOCATION Greenville, SC	MINIMUM SALARY $47,170	MAXIMUM SALARY $58,780
JOB TITLE Life Insurance Underwriter II	LOCATION Greenville, SC	MINIMUM SALARY $59,650	MAXIMUM SALARY $76,020
JOB TITLE Life Insurance Field Underwriter	LOCATION Greenville, SC	MINIMUM SALARY $60,018	MAXIMUM SALARY $73,043
JOB TITLE Senior Life Insurance Underwriter	LOCATION Greenville, SC	MINIMUM SALARY $64,611	MAXIMUM SALARY $83,830
JOB TITLE Underwriter (Life) II	LOCATION Greenville, SC	MINIMUM SALARY $59,649	MAXIMUM SALARY $76,014

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

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47530

59206

About Greenville, South Carolina Greenville is located at 34°50′40″N 82°23′8″W / 34.84444°N 82.38556°W / 34.84444; -82.38556 (34.844313, −82.385428), roughly equidistant between At....More

Greenville, South Carolina area prices were up 1.5% from a year ago

Life Insurance Underwriter Salary in popular cities: Columbia, Charleston, North Charleston

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