Insurance Underwriters with little to no experience tend to make between $42260 and $53200 while the more experienced ones can earn over $93550 per year.
Top 5 paying states
One of the easiest ways to increase your salary as an Insurance Underwriter is to move to a higher paying state like NY. Right now, the highest paying states for Insurance Underwriters are NY, NJ, CA, DC and CT.
However a higher pay at NY doesn’t guarantee that you will make more because the living expenses at NY might be twice as high than where you are currently at now.
Three other factors that can increase your salary as an Insurance Underwriter is the degree you hold, the industry you work in and lastly the company you work for.
develop, maintain, or implement business continuity and disaster recovery strategies and solutions, including risk assessments, business impact analyses, strategy selection, and documentation of business continuity and disaster recovery procedures. Plan, conduct, and debrief regular mock-disaster exercises to test the adequacy of existing plans and strategies, updating procedures and plans regularly. Act as a coordinator for continuity efforts after a disruption event.
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Account Underwriter, Automobile and Property Underwriter, Bond Underwriter, Commercial Lines Underwriter, Commercial Underwriter, Customer Service Representative, Health Underwriter, Insurance Analyst, Insurance Underwriter, Insurance Writer