How much does an Underwriter III make in Aurora, CO? The average Underwriter III salary in Aurora, CO is $96,029 as of March 26, 2024, but the range typically falls between $85,492 and $110,358. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Percentile | Salary | Location | Last Updated |
10th Percentile Underwriter III Salary | $75,899 | Aurora,CO | March 26, 2024 |
25th Percentile Underwriter III Salary | $85,492 | Aurora,CO | March 26, 2024 |
50th Percentile Underwriter III Salary | $96,029 | Aurora,CO | March 26, 2024 |
75th Percentile Underwriter III Salary | $110,358 | Aurora,CO | March 26, 2024 |
90th Percentile Underwriter III Salary | $123,404 | Aurora,CO | March 26, 2024 |
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Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
Life Insurance: Life Insurance can be defined as a contract between an insurance policy holder and an insurance company, where the insurer promises to pay a sum of money in exchange for a premium, upon the death of an insured person or after a set period
Sales Support: The tasks, roles, and technology that exist within our organization to help our sales force close deals.
Underwriter III reviews and analyzes risk characteristics on insurance applications, renewals, and change requests. Utilizes underwriting guidelines, rules, standards, and levels of authority to accept, reject, or mitigate risk for applications and determine appropriate premiums, limits, and coverages. Being an Underwriter III calculates renewal rates. Ensures that underwriting activities comply with all industry and governmental regulations. Additionally, Underwriter III may coordinate with field agents to collect or clarify information or decisions. Typically requires a bachelor's degree or equivalent. Typically reports to a supervisor or manager. The Underwriter III work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. To be an Underwriter III typically requires 4-7 years of related experience. (Copyright 2024 Salary.com)... View full job description
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A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.
For Underwriter III, the first career path typically starts with a Health Underwriting Manager position, and then Health Underwriting Director.
The second career path typically starts with a Life Underwriting Supervisor position, and then progresses to Life Underwriting Manager.
The third career path typically starts with an Underwriter (P/C) IV position, and then progresses to Property Casualty Underwriting Supervisor.
Additionally, the fourth career path typically starts with an Underwriter IV position, and then progresses to Underwriter V.
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Underwriter III salary varies from city to city. Compared with national average salary of Underwriter III, the highest Underwriter III salary is in San Francisco, CA, where the Underwriter III salary is 25.0% above. The lowest Underwriter III salary is in Miami, FL, where the Underwriter III salary is 3.5% lower than national average salary.
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Job Title | Experience | EDUCATION | Salary Compared to This Job |
---|---|---|---|
Job Title Loan Underwriter III | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
Job Title Mortgage Underwriter I | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
Job Title Mortgage Underwriter II | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
Job Title Mortgage Underwriter III | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
Job Title Underwriter (Life) III | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
Jobs with different levels of education may pay very differently. Check the Underwriter III salary of your education level.
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About Aurora, Colorado Aurora (/əˈroʊrə/, /əˈrɔːrə/) is a Home Rule Municipality in the U.S. state of Colorado, spanning Arapahoe and Adams counties, with the extreme southe....More
Aurora, Colorado area prices were up 0.4% from a year ago View the Cost of Living in Aurora, Colorado
Underwriter III Salary in popular cities: Denver, Colorado Springs, Fort Collins
Skills associated with Underwriter III: Contract Review, Calculate Payments/Premiums, Policy Analysis, Risk Analysis ...More
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