How much does a Property and Casualty Underwriter make in Potomac, MD? The average Property and Casualty Underwriter salary in Potomac, MD is $81,726 as of May 28, 2024, but the salary range typically falls between $72,829 and $94,009. 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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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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Average Salary | Average Salary Range | |
---|---|---|
Base Salary | $81,726 | $72,829 - $94,009 |
Bonus | $4,142 | $3,737 - $5,902 |
Total Pay | $85,868 | $76,566 - $99,911 |
CITY, STATE | AVERAGE SALARY RANGE | COMPARE TO Potomac, MD |
---|---|---|
CITY, STATE Rockville, MD | AVERAGE SALARY RANGE $72,754 - $93,913 | COMPARE TO Potomac, MD |
CITY, STATE Bethesda, MD | AVERAGE SALARY RANGE $72,842 - $94,026 | COMPARE TO Potomac, MD |
CITY, STATE Silver Spring, MD | AVERAGE SALARY RANGE $72,842 - $94,026 | COMPARE TO Potomac, MD |
CITY, STATE Gaithersburg, MD | AVERAGE SALARY RANGE $72,646 - $93,772 | COMPARE TO Potomac, MD |
CITY, STATE Germantown, MD | AVERAGE SALARY RANGE $70,700 - $91,260 | COMPARE TO Potomac, MD |
CITY, STATE Reston, VA | AVERAGE SALARY RANGE $72,711 - $93,857 | COMPARE TO Potomac, MD |
JOB TITLE | LOCATION | MINIMUM SALARY | MAXIMUM SALARY |
---|---|---|---|
JOB TITLE Property Casualty Insurance Underwriter IV | LOCATION Potomac, MD | MINIMUM SALARY $100,000 | MAXIMUM SALARY $132,600 |
JOB TITLE Property Casualty Insurance Underwriter I | LOCATION Potomac, MD | MINIMUM SALARY $62,100 | MAXIMUM SALARY $77,970 |
JOB TITLE Property Casualty Insurance Underwriter II | LOCATION Potomac, MD | MINIMUM SALARY $72,050 | MAXIMUM SALARY $92,930 |
JOB TITLE Property Casualty Insurance Underwriter III | LOCATION Potomac, MD | MINIMUM SALARY $91,500 | MAXIMUM SALARY $121,000 |
JOB TITLE Top Property Casualty Underwriting Executive | LOCATION Potomac, MD | MINIMUM SALARY $253,165 | MAXIMUM SALARY $331,948 |
JOB TITLE Property Casualty Underwriting Supervisor | LOCATION Potomac, MD | MINIMUM SALARY $110,462 | MAXIMUM SALARY $138,389 |
About Potomac, Maryland Potomac (listen (help·info)) is a census-designated place (CDP) in Montgomery County, Maryland, United States, named for the nearby Potomac River. In ....More
Potomac, Maryland area prices were up 1.3% from a year ago
Property and Casualty Underwriter Salary in popular cities: Baltimore, Columbia, Germantown
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