Life Insurance Underwriter Salary in Hollywood, SC

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How much does a Life Insurance Underwriter make in Hollywood, SC? The average Life Insurance Underwriter salary in Hollywood, SC is $53,511 as of April 24, 2024, but the salary range typically falls between $48,118 and $59,937. 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

$48,118 to $59,937

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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 Hollywood, SC

Property & Casualty Insurance Underwriter - Experienced

DB Insurance - Anaheim , CA

Is one of the largest non-life insurance companies based in South Korea. DB Insurance Co., Ltd. (U ... Underwriter(HO, CMP, C-Auto) Department: California Branch Career Level: Mid to Experienced Level ...

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 52 days ago

Commercial Underwriter

Safepoint MGA, LLC - Tampa , FL

Offices in Tampa, FL OR office in Metairie, LA Job Summary The Commercial Underwriter I is ... Dependent Life and AD&D Insurance * AAA Membership (company paid) * Identity Theft Protection ...

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 36 days ago

Associate Underwriting Counsel- Remote

Alliant National Title Insurance Company - Seattle , WA

Do you want an opportunity for strong work/life balance and career growth while working on a ... We issue title insurance in over 30 states with our corporate headquarters at the foot of the Rocky ...

LinkedIn - 4 days ago

Underwriter

Lobel Financial Corporation - Buena Park , CA

The Underwriter is responsible for reviewing loan packages to ensure all aspects of the ... Optional life insurance * Paid holidays * Paid vacation and sick days Lobel Financial is an equal ...

ZipRecruiter - 58 days ago

Remote - Field Underwriter

Thompson Agency - Seattle , WA

As a field underwriter, you will call to set up appointments (virtually as needed) to meet with ... Life Insurance license - if you don't have one we will help you. NOTE: No agent's success, earnings ...

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 46 days ago

Inland Marine Underwriter

MRINetwork Jobs - Sanger , CA

Their insurance subsidiaries are rated A+ "Superior" by AM Best and A "Strong" by Standard & Poor ... Annual bonus plans Work & Life * Paid time off (PTO) and holidays * Paid volunteer time off (VTO ...

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 51 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 Hollywood, 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 Hollywood, 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 Hollywood, SC

Average Base Salary

Core compensation

48118

59937

53511

Average Total Cash Compensation

Includes base and annual incentives

50285

62528

55518

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 Hollywood, SC. The base salary for Life Insurance Underwriter ranges from $48,118 to $59,937 with the average base salary of $53,511. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $50,285 to $62,528 with the average total cash compensation of $55,518.

View Average Salary for Life Insurance Underwriter as table

	Average Salary	Average Salary Range
Base Salary	$53,511	$48,118 - $59,937
Bonus	$2,007	$2,167 - $2,590
Total Pay	$55,518	$50,285 - $62,528

* 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 Hollywood, SC

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Hollywood, SC
CITY, STATE North Charleston, SC	AVERAGE SALARY RANGE $48,252 - $60,105	COMPARE TO Hollywood, SC
CITY, STATE Charleston, SC	AVERAGE SALARY RANGE $48,252 - $60,105	COMPARE TO Hollywood, SC
CITY, STATE Summerville, SC	AVERAGE SALARY RANGE $48,039 - $59,839	COMPARE TO Hollywood, SC
CITY, STATE Goose Creek, SC	AVERAGE SALARY RANGE $48,181 - $60,016	COMPARE TO Hollywood, SC
CITY, STATE Mount Pleasant, SC	AVERAGE SALARY RANGE $48,252 - $60,105	COMPARE TO Hollywood, SC
CITY, STATE Hilton Head Island, SC	AVERAGE SALARY RANGE $47,437 - $59,089	COMPARE TO Hollywood, SC

See salaries for Life Insurance Underwriter in locations close to Hollywood, 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 Hollywood, South Carolina

Hollywood is a town in Charleston County, South Carolina, United States. The population was 4,714 at the 2010 census, up from 3,946 in 2000. Hollywood is part of the Charleston, South Carolina metropolitan area and the Charleston-North Charleston Urbanized Area. Hollywood is located in western Charleston County at 32°44′48″N 80°13′34″W / 32.7467°N 80.2260°W / 32.7467; -80.2260 (32.7467, -80.2260). It is bordered by Ravenel to the north and Meggett to the south. Charleston is 21 miles (34 km) to the east. According to the United States Census Bureau, Hollywood has a total area of 24.5 square...

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

View Salary for Similar Jobs to Life Insurance Underwriter in Hollywood, SC

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JOB TITLE	LOCATION	MINIMUM SALARY	MAXIMUM SALARY
JOB TITLE Life Insurance Underwriter III	LOCATION Hollywood, SC	MINIMUM SALARY $82,600	MAXIMUM SALARY $101,300
JOB TITLE Life Insurance Underwriter I	LOCATION Hollywood, SC	MINIMUM SALARY $47,640	MAXIMUM SALARY $59,380
JOB TITLE Life Insurance Underwriter II	LOCATION Hollywood, SC	MINIMUM SALARY $60,260	MAXIMUM SALARY $76,790
JOB TITLE Life Insurance Field Underwriter	LOCATION Hollywood, SC	MINIMUM SALARY $60,699	MAXIMUM SALARY $73,874
JOB TITLE Senior Life Insurance Underwriter	LOCATION Hollywood, SC	MINIMUM SALARY $63,939	MAXIMUM SALARY $82,960
JOB TITLE Underwriter (Life) I	LOCATION Hollywood, SC	MINIMUM SALARY $47,634	MAXIMUM SALARY $59,370

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

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48118

59937

About Hollywood, South Carolina Hollywood is a town in Charleston County, South Carolina, United States. The population was 4,714 at the 2010 census, up from 3,946 in 2000. Hollywood....More

Hollywood, 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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