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$65,249

Average Base Salary

$31/hr

Average Hourly Rate

$2,453

Average Bonus
The average underwriter life insurance salary in Alabama, United States is $65,249 or an hourly rate of $31. This is 10% lower (-$7,332) than the average underwriter life insurance salary in the United States. In addition, they earn an average bonus of $2,453.
Salary by Experience

$47,262

Entry Level Salary

$80,386

Senior Level Salary
An entry level underwriter life insurance (1-3 years of experience) earns an average salary of $47,262. On the other end, a senior level underwriter life insurance (8+ years of experience) earns an average salary of $80,386.
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 obtaned.

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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