As of October 01, 2024, the average annual pay of Life Insurance Underwriter in Nassau, NY is $62,693. While Salary.com is seeing that Life Insurance Underwriter salary in Nassau, NY can go up to $77,086 or down to $50,633, but most earn between $56,380 and $70,227. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Life Insurance Underwriter in the United States.
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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.
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| Average Salary | Average Salary Range | |
|---|---|---|
| Base Salary | $62,693 | $56,380 - $70,227 |
| Bonus | $2,354 | $2,541 - $3,031 |
| Total Pay | $65,047 | $58,921 - $73,258 |
| CITY, STATE | AVERAGE SALARY RANGE | COMPARE TO Nassau, NY |
|---|---|---|
| CITY, STATE Troy, NY | AVERAGE SALARY RANGE $52,135 - $64,939 | COMPARE TO Nassau, NY |
| CITY, STATE Albany, NY | AVERAGE SALARY RANGE $52,155 - $64,965 | COMPARE TO Nassau, NY |
| CITY, STATE Pittsfield, MA | AVERAGE SALARY RANGE $52,467 - $65,353 | COMPARE TO Nassau, NY |
| CITY, STATE Schenectady, NY | AVERAGE SALARY RANGE $52,028 - $64,806 | COMPARE TO Nassau, NY |
| CITY, STATE Bennington, VT | AVERAGE SALARY RANGE $51,971 - $64,735 | COMPARE TO Nassau, NY |
| CITY, STATE Westfield, MA | AVERAGE SALARY RANGE $53,695 - $66,882 | COMPARE TO Nassau, NY |
| JOB TITLE | LOCATION | MINIMUM SALARY | MAXIMUM SALARY |
|---|---|---|---|
| JOB TITLE Life Insurance Underwriter III | LOCATION Nassau, NY | MINIMUM SALARY $96,700 | MAXIMUM SALARY $118,700 |
| JOB TITLE Life Insurance Underwriter I | LOCATION Nassau, NY | MINIMUM SALARY $55,820 | MAXIMUM SALARY $69,570 |
| JOB TITLE Life Insurance Underwriter II | LOCATION Nassau, NY | MINIMUM SALARY $70,600 | MAXIMUM SALARY $89,970 |
| JOB TITLE Life Insurance Field Underwriter | LOCATION Nassau, NY | MINIMUM SALARY $71,240 | MAXIMUM SALARY $86,700 |
| JOB TITLE Senior Life Insurance Underwriter | LOCATION Nassau, NY | MINIMUM SALARY $65,837 | MAXIMUM SALARY $84,544 |
| JOB TITLE Underwriter (Life) I | LOCATION Nassau, NY | MINIMUM SALARY $55,814 | MAXIMUM SALARY $69,562 |
About Nassau, New York Nassau, the name of several places in New York State, may refer to: Nassau (village), New York Nassau (town), New York Nassau County, New York Nassau ....More
Nassau, New York area prices were up 1.5% from a year ago
Life Insurance Underwriter Salary in popular cities: New York, Buffalo, Rochester
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