Chief Underwriting Officer Salary in United States

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Average Salary for Chief Underwriting Officer in United States

The average salary of a(n) Chief Underwriting Officer in United States is $148,511.

The average hourly rate of a(n) Chief Underwriting Officer in United States is $71.40.

The average bonus of a(n) Chief Underwriting Officer in United States is $16,366.00.

Job Description:

Directs and coordinates activities for the underwriting management team, and presides over underwriting for all lines of insurance offered by the organization. Oversees the direction of the underwriters performing analysis and making underwriting decisions for the organization. Establishes policies and objectives in line with objectives of the organization, conferring with other organization top executives. Develops, implements, and makes appropriate changes to the underwriting program and policies. Provides leadership to enhance the underwriting process, and ensures consistency in the underwriting process. Conducts underwriting analyses of high-risk accounts, and determines acceptability or rejection of risk. Audits and analyzes organization financial data and claims. Interacts with government agencies and pertinent insurance industry organizations. Maintains and expands relationships with clients. Takes appropriate steps to grow the underwriting business and make the organization more profitable. Creates, reviews, and evaluates documentation of department activity. Less

Directs and coordinates activities for the underwriting management team, and presides over underwriting for all lines of insurance offered by the organization. Oversees the direction of the underwriters performing analysis and making underwriting decisions for the organization. Establishes policies and... More

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