How much does an Underwriter (P/C) III make in Iowa? The average Underwriter (P/C) III salary in Iowa is $90,543 as of February 26, 2024, but the range typically falls between $78,067 and $103,239. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Underwriter (P/C) III Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Underwriter (P/C) III Salary $66,709 IA February 26, 2024
25th Percentile Underwriter (P/C) III Salary $78,067 IA February 26, 2024
50th Percentile Underwriter (P/C) III Salary $90,543 IA February 26, 2024
75th Percentile Underwriter (P/C) III Salary $103,239 IA February 26, 2024
90th Percentile Underwriter (P/C) III Salary $114,797 IA February 26, 2024
25% $78,067 10% $66,709 90% $114,797 75% $103,239 $90,543 50%(Median) Didn’t find job title? Click
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What skills does an Underwriter (P/C) III need?

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.

1.

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.

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.

3.

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.

Analysis 2.23%
Futures 0.46%
Financial Analysis 0.37%
Others 96.94%

Job Description for Underwriter (P/C) III

Underwriter (P/C) III 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) III 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) III 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) III work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. To be an Underwriter (P/C) III typically requires 4-7 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Underwriter (P/C) III in Iowa

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Location Avg. Salary Date Updated
Location Ackley, IA Avg. Salary $84,770 Date Updated February 26, 2024
Location Ackworth, IA Avg. Salary $90,971 Date Updated February 26, 2024
Location Adair, IA Avg. Salary $90,517 Date Updated February 26, 2024
Location Adel, IA Avg. Salary $90,744 Date Updated February 26, 2024
Location Afton, IA Avg. Salary $90,517 Date Updated February 26, 2024
Location Agency, IA Avg. Salary $90,095 Date Updated February 26, 2024
Location Ainsworth, IA Avg. Salary $89,673 Date Updated February 26, 2024
Location Akron, IA Avg. Salary $81,337 Date Updated February 26, 2024
Location Albert City, IA Avg. Salary $81,281 Date Updated February 26, 2024
Location Albia, IA Avg. Salary $90,517 Date Updated February 26, 2024

Career Path for Underwriter (P/C) III

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) 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 (P/C) III Salary in Iowa
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