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$73,940

Average Base Salary

$36/hr

Average Hourly Rate

$2,780

Average Bonus
The average underwriter life insurance salary in United States is $73,940 or an equivalent hourly rate of $36. In addition, they earn an average bonus of $2,780. Salary estimates based on salary survey data collected directly from employers and anonymous employees in United States.
Salary by Experience

$53,557

Entry Level Salary

$91,092

Senior Level Salary
An entry level underwriter life insurance (1-3 years of experience) earns an average salary of $53,557. On the other end, a senior level underwriter life insurance (8+ years of experience) earns an average salary of $91,092.

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Job Description
Review individual applications for insurance to evaluate degree of risk involved and determine acceptance of applications.
Education

The chart below breaks down accounts by the highest level of education obtained.

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About the Data

The above data is a data available in ERI Economic Research Institute's Global Salary Calculator. The Global Salary Calculator provides compensation data for over 45,000 positions in 8,000+ cities in 69 countries. Try a free demo of the cloud-based Global Salary Calculator.

If you need to calculate competitive levels of salaries, incentives and total compensation by industry, organization size and salary planning date, please view a demonstration version of ERI's Salary Assessor, which is used by the majority of the Fortune 500 for salary survey data and compensation planning. Try a free demo of the cloud-based Salary Assessor.

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