How much does an Underwriter (P/C) II make in Cedar Rapids, IA? The average Underwriter (P/C) II salary in Cedar Rapids, IA is $69,161 as of March 26, 2024, but the range typically falls between $61,649 and $79,520. 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 (P/C) II Salary | $54,810 | Cedar Rapids,IA | March 26, 2024 |
25th Percentile Underwriter (P/C) II Salary | $61,649 | Cedar Rapids,IA | March 26, 2024 |
50th Percentile Underwriter (P/C) II Salary | $69,161 | Cedar Rapids,IA | March 26, 2024 |
75th Percentile Underwriter (P/C) II Salary | $79,520 | Cedar Rapids,IA | March 26, 2024 |
90th Percentile Underwriter (P/C) II Salary | $88,952 | Cedar Rapids,IA | 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.
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Futures: Futures are derivative financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and set price.
Financial Analysis: Financial statement analysis (or financial analysis) is the process of reviewing and analyzing a company's financial statements to make better economic decisions to earn income in future. These statements include the income statement, balance sheet, statement of cash flows, notes to accounts and a statement of changes in equity (if applicable). Financial statement analysis is a method or process involving specific techniques for evaluating risks, performance, financial health, and future prospects of an organization. It is used by a variety of stakeholders, such as credit and equity investors, the government, the public, and decision-makers within the organization. These stakeholders have different interests and apply a variety of different techniques to meet their needs. For example, equity investors are interested in the long-term earnings power of the organization and perhaps the sustainability and growth of dividend payments. Creditors want to ensure the interest and principal is paid on the organizations debt securities (e.g., bonds) when due.
Underwriter (P/C) II analyzes and reviews inspection reports, location, risk, credit reports, etc. to accept or reject renewal/new property and casualty policy applications. Decides on appropriate premium rates and issues coverage. Being an Underwriter (P/C) II provides customer services regarding underwriting processes and decisions. May communicate with field agents to gather additional information or to explain underwriting decisions. Additionally, Underwriter (P/C) II typically requires a bachelor's degree or equivalent. May require certification as a Chartered Property Casualty Underwriter (CPCU). Typically reports to a supervisor or manager. The Underwriter (P/C) II occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. To be an Underwriter (P/C) II typically requires 2-4 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 (P/C) II, the first career path typically starts with a Health Underwriter, Sr. position, and then Health Underwriting Manager.
The second career path typically starts with an Underwriter (Life) III position, and then progresses to Life Underwriting Supervisor.
The third career path typically starts with an Underwriter (P/C) III position, and then progresses to Underwriter (P/C) IV.
Additionally, the fourth career path typically starts with an Underwriter III position, and then progresses to Underwriter IV.
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Underwriter (P/C) II salary varies from city to city. Compared with national average salary of Underwriter (P/C) II, the highest Underwriter (P/C) II salary is in San Francisco, CA, where the Underwriter (P/C) II salary is 25.0% above. The lowest Underwriter (P/C) II salary is in Miami, FL, where the Underwriter (P/C) II salary is 3.5% lower than national average salary.
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Job Title | Experience | EDUCATION | 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 PC Maintenance Technician II | Experience 1 - 3 | EducationAssociates | Salary Compared to This Job |
Job Title PC Support Manager | Experience 5 + | EducationBachelors | Salary Compared to This Job |
Jobs with different levels of education may pay very differently. Check the Underwriter (P/C) II salary of your education level.
Underwriter (P/C) II salary varies from country to country. There are several factors that mainly impact the Underwriter (P/C) II salary, including cost of living, economic conditions, market rates and legal differences. Click below to Underwriter (P/C) II salary of the other country.
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About Cedar Rapids, Iowa The city is divided into four quadrants, used in addressing. 1st Avenue (U.S. Route 151 Business) divides the north and south sides of the city, and t....More
Cedar Rapids, Iowa area prices were up 0.8% from a year ago View the Cost of Living in Cedar Rapids, Iowa
Underwriter (P/C) II Salary in popular cities: Des Moines, Davenport, Sioux City
Skills associated with Underwriter (P/C) II: Contract Review, Insurance Regulatory Guidelines, Policy Analysis, Underwriting ...More
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