Property and Casualty Underwriter Salary in Philadelphia, PA

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How much does a Property and Casualty Underwriter make in Philadelphia, PA? The average Property and Casualty Underwriter salary in Philadelphia, PA is $77,540 as of May 28, 2024, but the salary range typically falls between $69,099 and $89,194. 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 Property and Casualty Underwriter

$69,099 to $89,194

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What is a Property and Casualty Underwriter?

A Property and Casualty Underwriter is responsible for evaluating and assessing insurance applications for property and casualty coverage, such as home, auto, and business insurance. They analyze risk factors, review policy terms and conditions, and determine appropriate coverage and premium rates. Underwriters also collaborate with insurance agents and brokers to gather necessary information and make informed decisions about policy approvals or rejections. Additionally, they may be involved in developing underwriting guidelines, monitoring industry trends, and ensuring compliance with regulatory requirements. Strong analytical skills, attention to detail, and a thorough understanding of insurance principles are essential for success in this role.

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Job Openings for Property and Casualty Underwriter in Philadelphia, PA

Property & Casualty Underwriter

North Carolina League of Municipalities - Raleigh , NC

The North Carolina League of Municipalities (NCLM) is seeking a Property and Casualty Underwriter. This position is part of Underwriting team and is responsible for analyzing and underwriting ...

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 21 days ago

Remote Property & Casualty Underwriter

Wahve - Los Angeles , CA

... Underwriter positions. Well suited candidates in Commercial Lines will have job opportunities ranging across the following Property & Casualty sectors including General Liability, Professional ...

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 43 days ago

Casualty Commercial Underwriter - Hybrid

Managed Care Staffers - Austin , TX

Senior Property - Casualty Commercial Underwriter - Hybrid Our client, a large Insurance Co, has a need for a Senior Property - Casualty Commercial Underwriter in Austin, TX. The Senior Property ...

ZipRecruiter - 4 days ago

Large Account Casualty Underwriter

The Varco Group - Chicago , IL

Description: Underwrite new and renewal business which includes solicitation, selection, and ... property and casualty insurance industry. Please visit our website at www.thevarcogroup.com to ...

ZipRecruiter - 39 days ago

Property & Casualty Insurance Underwriter - Experienced

DB Insurance - Anaheim , CA

S. Branch) currently writes all lines of property and casualty insurance in CA, NY, OH, IN, PA, TX ... Underwriter(HO, CMP, C-Auto) Department: California Branch Career Level: Mid to Experienced Level ...

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 88 days ago

Licensed Property & Casualty Client Service Representative (Hybrid)

Confidential - Arlington Heights , PA

Collaborate with insurance carriers and underwriters to obtain quotes, bind coverage, and negotiate ... Active Property and Casualty insurance license required. * Minimum of 2 years of experience in ...

ZipRecruiter - 9 days ago

What does a Property and Casualty Underwriter do?

Common responsibilities of a Property and Casualty Underwriter

Provide guidance and support to junior underwriters and assist in training and development initiatives.

September 05, 2023

Monitor and manage the performance of existing policies, including loss ratios and claims experience, to make adjustments to underwriting guidelines as needed.

September 15, 2023

Collaborate with other departments, such as claims and risk management, to ensure a comprehensive approach to underwriting and risk assessment.

September 16, 2023

Determine appropriate coverage and pricing for property and casualty insurance policies based on risk assessment and underwriting guidelines.

September 24, 2023

Review and assess policy renewals, endorsements, and cancellations to ensure compliance with underwriting standards and regulations.

September 24, 2023

Conduct research and analysis on industry trends, market conditions, and regulatory changes to make informed underwriting decisions.

September 25, 2023

Evaluate and analyze insurance applications and determine the level of risk associated with insuring a particular property or individual.

September 30, 2023

Collaborate with insurance agents and brokers to gather necessary information and documentation for underwriting decisions.

October 07, 2023

Communicate underwriting decisions and recommendations to insurance agents, brokers, and policyholders.

October 30, 2023

Stay updated on industry best practices and underwriting standards to ensure compliance with regulatory requirements and company policies.

November 14, 2023

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Property and Casualty Underwriter Salary By Experience Levels in Philadelphia, PA

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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.

Property and Casualty Underwriter Salary By Level of Education in Philadelphia, PA

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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 Property and Casualty Underwriter in Philadelphia, PA

Average Base Salary

Core compensation

69099

89194

77540

Average Total Cash Compensation

Includes base and annual incentives

72645

94794

81470

What is the average salary for Property and Casualty Underwriter in 2024?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Property and Casualty Underwriter in Philadelphia, PA. The base salary for Property and Casualty Underwriter ranges from $69,099 to $89,194 with the average base salary of $77,540. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $72,645 to $94,794 with the average total cash compensation of $81,470.

View Average Salary for Property and Casualty Underwriter as table

	Average Salary	Average Salary Range
Base Salary	$77,540	$69,099 - $89,194
Bonus	$3,930	$3,546 - $5,599
Total Pay	$81,470	$72,645 - $94,794

* 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.

Property and Casualty Underwriter Salary Near Philadelphia, PA

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Philadelphia, PA
CITY, STATE Camden, NJ	AVERAGE SALARY RANGE $69,439 - $89,634	COMPARE TO Philadelphia, PA
CITY, STATE West Chester, PA	AVERAGE SALARY RANGE $68,576 - $88,519	COMPARE TO Philadelphia, PA
CITY, STATE Doylestown, PA	AVERAGE SALARY RANGE $71,152 - $91,845	COMPARE TO Philadelphia, PA
CITY, STATE Trenton, NJ	AVERAGE SALARY RANGE $71,371 - $92,127	COMPARE TO Philadelphia, PA
CITY, STATE Wilmington, DE	AVERAGE SALARY RANGE $68,706 - $88,688	COMPARE TO Philadelphia, PA
CITY, STATE New Castle, DE	AVERAGE SALARY RANGE $68,706 - $88,688	COMPARE TO Philadelphia, PA

See salaries for Property and Casualty Underwriter in locations close to Philadelphia, PA. 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 Philadelphia, Pennsylvania

Philadelphia, sometimes known colloquially as Philly, is the largest city in the U.S. state and Commonwealth of Pennsylvania, and the sixth-most populous U.S. city, with a 2017 census-estimated population of 1,580,863. Since 1854, the city has been coterminous with Philadelphia County, the most populous county in Pennsylvania and the urban core of the eighth-largest U.S. metropolitan statistical area, with over 6 million residents as of 2017[update]. Philadelphia is also the economic and cultural anchor of the greater Delaware Valley, located along the lower Delaware and Schuylkill Rivers, wit...

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

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JOB TITLE	LOCATION	MINIMUM SALARY	MAXIMUM SALARY
JOB TITLE Property Casualty Insurance Underwriter IV	LOCATION Philadelphia, PA	MINIMUM SALARY $94,900	MAXIMUM SALARY $125,800
JOB TITLE Property Casualty Insurance Underwriter I	LOCATION Philadelphia, PA	MINIMUM SALARY $58,920	MAXIMUM SALARY $73,980
JOB TITLE Property Casualty Insurance Underwriter II	LOCATION Philadelphia, PA	MINIMUM SALARY $68,360	MAXIMUM SALARY $88,170
JOB TITLE Property Casualty Insurance Underwriter III	LOCATION Philadelphia, PA	MINIMUM SALARY $86,800	MAXIMUM SALARY $114,800
JOB TITLE Top Property Casualty Underwriting Executive	LOCATION Philadelphia, PA	MINIMUM SALARY $240,199	MAXIMUM SALARY $314,948
JOB TITLE Property Casualty Underwriting Supervisor	LOCATION Philadelphia, PA	MINIMUM SALARY $104,805	MAXIMUM SALARY $131,301

The Property and Casualty 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 Philadelphia, PA that might be a good fit for the type of job and salary you are looking for.

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69099

89194

About Philadelphia, Pennsylvania Philadelphia, sometimes known colloquially as Philly, is the largest city in the U.S. state and Commonwealth of Pennsylvania, and the sixth-most popul....More

Philadelphia, Pennsylvania area prices were up 1.0% from a year ago

Property and Casualty Underwriter Salary in popular cities: Pittsburgh, Allentown, Erie

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