Life Insurance Underwriter Salary in Platteville, CO

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How much does a Life Insurance Underwriter make in Platteville, CO? The average Life Insurance Underwriter salary in Platteville, CO is $57,405 as of August 27, 2024, but the salary range typically falls between $51,624 and $64,305. 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

$51,624 to $64,305

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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.

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Job Openings for Life Insurance Underwriter in Platteville, CO

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 - 35 days ago

International Broker III, Aon Global Client Network

Aon Hewitt - San Francisco , CA

Insurance program structure planning and design of alternatives. Provide benchmarking reports ... Senior international broker / underwriter with 10+ years of experience working on complex ...

JobLeads - 23 days ago

Sales Representative

Symmetry Financial Group - Chang Agency Inc - Littleton , CO

We are field underwriters (non-captive insurance brokers/producers) for several insurance carriers ... be provided (Life & Health Insurance Producer) Must attend National Conference: Live Two-Day ...

ZipRecruiter - 17 days ago

Branch Manager

Cardinal Credit Union Inc - Cleveland , OH

Underwrites consumer loans up to the amount assigned per credit union policy; reviews and approves ... · Life and long term disability Insurance, employer paid · Generous 401(k) plan · Paid time off ...

Adzuna - 23 days ago

In-house Recovery Coordinator (Critical Care RNs Desired!)

Sierra Donor Services - Vineburg , CA

Registered Nursing (RN) LicenseValid Driver's License with the ability to pass MVR underwriting ... life, AD&D, and long-term disability insuranceWellness Program Supplemental insurance benefits such ...

Jobcase.com / Upward.net - 17 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 Platteville, CO

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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 Platteville, CO

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Average Salary Range for Life Insurance Underwriter in Platteville, CO

Average Base Salary

Core compensation

51624

64305

57405

Average Total Cash Compensation

Includes base and annual incentives

53950

67080

59558

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 Platteville, CO. The base salary for Life Insurance Underwriter ranges from $51,624 to $64,305 with the average base salary of $57,405. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $53,950 to $67,080 with the average total cash compensation of $59,558.

View Average Salary for Life Insurance Underwriter as table

	Average Salary	Average Salary Range
Base Salary	$57,405	$51,624 - $64,305
Bonus	$2,153	$2,327 - $2,775
Total Pay	$59,558	$53,950 - $67,080

* 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 Platteville, CO

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Platteville, CO
CITY, STATE Greeley, CO	AVERAGE SALARY RANGE $50,292 - $62,646	COMPARE TO Platteville, CO
CITY, STATE Loveland, CO	AVERAGE SALARY RANGE $50,113 - $62,423	COMPARE TO Platteville, CO
CITY, STATE Broomfield, CO	AVERAGE SALARY RANGE $52,076 - $64,869	COMPARE TO Platteville, CO
CITY, STATE Westminster, CO	AVERAGE SALARY RANGE $51,997 - $64,770	COMPARE TO Platteville, CO
CITY, STATE Boulder, CO	AVERAGE SALARY RANGE $52,463 - $65,350	COMPARE TO Platteville, CO
CITY, STATE Fort Collins, CO	AVERAGE SALARY RANGE $50,181 - $62,507	COMPARE TO Platteville, CO

See salaries for Life Insurance Underwriter in locations close to Platteville, CO. 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 Platteville, Colorado

Platteville is a Statutory Town in Weld County, Colorado, United States. The population was 2,485 at the 2010 census. It is adjacent to Fort Vasquez on U.S. Highway 85. Platteville is located at 40°12′52″N 104°49′27″W / 40.21444°N 104.82417°W / 40.21444; -104.82417 (40.214468, -104.824070). The town is situated along the east bank of the South Platte River at the intersection of U.S. Highway 85 and State Highway 66. The Fort St. Vrain Generating Station, originally a nuclear power plant and now operating as a natural gas powered electricity generating facility operated by Xcel Energy, is ap...

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

View Salary for Similar Jobs to Life Insurance Underwriter in Platteville, CO

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JOB TITLE	LOCATION	MINIMUM SALARY	MAXIMUM SALARY
JOB TITLE Life Insurance Underwriter III	LOCATION Platteville, CO	MINIMUM SALARY $88,800	MAXIMUM SALARY $108,900
JOB TITLE Life Insurance Underwriter I	LOCATION Platteville, CO	MINIMUM SALARY $51,230	MAXIMUM SALARY $63,840
JOB TITLE Life Insurance Underwriter II	LOCATION Platteville, CO	MINIMUM SALARY $64,790	MAXIMUM SALARY $82,560
JOB TITLE Life Insurance Field Underwriter	LOCATION Platteville, CO	MINIMUM SALARY $65,186	MAXIMUM SALARY $79,333
JOB TITLE Senior Life Insurance Underwriter	LOCATION Platteville, CO	MINIMUM SALARY $64,611	MAXIMUM SALARY $83,830
JOB TITLE Underwriter (Life) II	LOCATION Platteville, CO	MINIMUM SALARY $64,785	MAXIMUM SALARY $82,560

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

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51624

64305

About Platteville, Colorado Platteville is a Statutory Town in Weld County, Colorado, United States. The population was 2,485 at the 2010 census. It is adjacent to Fort Vasquez o....More

Platteville, Colorado area prices were up 2.3% from a year ago

Life Insurance Underwriter Salary in popular cities: Denver, Colorado Springs, Aurora

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