Life Insurance Underwriter Salary in Richmond Heights, Missouri

To get your salary data, use the search bar below or browse by job, city, or state.
loading...

Job title is required

loading...

Job location is required.

Average Salary for Life Insurance Underwriter in Richmond Heights, Missouri

The average salary of a(n) Life Insurance Underwriter in Richmond Heights, Missouri is $70,194.

The average hourly rate of a(n) Life Insurance Underwriter in Richmond Heights, Missouri is $33.75.

The average bonus of a(n) Life Insurance Underwriter in Richmond Heights, Missouri is $2,639.00.

Job Description:

Examines individual applications for life insurance to evaluate degree of risk involved and accepts applications, following company's underwriting policies. Checks such documents as application form, inspection report, insurance maps, and medical reports to determine degree of risk from such factors as applicant's financial standing, age, occupation, accident experience, and value and condition of real property. Audits company records to ascertain amount of insurance in force on single risk or group of closely related risks, and ascertains possibility of losses due to catastrophe or excessive insurance. Declines risks that are too excessive to obligate company. Dictates correspondence for field representatives, medical personnel, and other insurance or inspection companies to obtain further information, quote rates, or explain company's underwriting policies. When risk is excessive, authorizes reinsurance, or when risk is substandard, limits company's obligation by decreasing value of policy, specifying applicable endorsements, or applying rating to ensure safe and profitable distribution of risks, using rate books, tables, code books, and other reference material. Typically workers who underwrite one type of insurance do not underwrite others and are designated according to type of insurance underwritten. Less

Examines individual applications for life insurance to evaluate degree of risk involved and accepts applications, following company's underwriting policies. Checks such documents as application form, inspection report, insurance maps, and medical reports to determine degree of risk from such factors... More

How helpful is this page?

Are you a(n) Life Insurance Underwriter?

Get a more personalized salary report now. Get Report

Average Salaries for Similar Jobs in Richmond Heights, Missouri

View Salaries for Life Insurance Underwriter in Other Cities

Job Openings by Indeed job search

Results for Life Insurance Underwriter in Richmond Heights, Missouri

Credit Underwriter 3 - O'Fallon, MO

Citi

A minimum of 4-6 years of experience underwriting agency, non-agency, Mortgage Insurance loans and appraisals....

View job on Indeed.com

Financial Professional - MO, Creve Coeur (2399) - St. Louis, MO

AXA

In business since 1859, AXA Equitable Life Insurance Company (formerly The Equitable Life Assurance Society of the United States) is a leading financial...

View job on Indeed.com

Life Underwriting Supervisor - St. Louis, MO

Kemper Corporation

Underwrite life, accident/health, and fire insurance applications. 5 or more years of broad experience in life insurance underwriting experience desired....

View job on Indeed.com

AVP Chief Underwriter - St. Louis, MO

Kemper Corporation

The Kemper family of companies specializes in home, auto, life, health and valuables insurance products for individuals, families and businesses....

View job on Indeed.com

Marketing Representative - Clayton, MO

Philadelphia Insurance Companies

Philadelphia Insurance Companies, a member of the Tokio Marine Group, designs, markets and underwrites commercial property/casualty and professional liability...

View job on Indeed.com

Discover How Much You
Should Be Paid

Work in Compensation or HR?    x