Underwriter Casualty Insurance Salary in Colorado - State Average

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Average Salary for Underwriter Casualty Insurance in Colorado - State Average

The average salary of a(n) Underwriter Casualty Insurance in Colorado - State Average is $71,548.

The average hourly rate of a(n) Underwriter Casualty Insurance in Colorado - State Average is $34.40.

The average bonus of a(n) Underwriter Casualty Insurance in Colorado - State Average is $2,712.00.

Job Description:

Reviews individual applications for insurance on personal automobiles, homes, and boats to evaluate degree of risk involved and accepts applications, following company's underwriting policies. Examines such documents as application forms, inspection reports, and insurance maps to determine degree of risk from such factors as applicant's financial standing, age, occupation, accident experience, and value and condition of real property. Accepts or declines risk based on property's use, value, location, and safety features. Corresponds with field representatives 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. Less

Reviews individual applications for insurance on personal automobiles, homes, and boats to evaluate degree of risk involved and accepts applications, following company's underwriting policies. Examines such documents as application forms, inspection reports, and insurance maps to determine degree of risk... More

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