How much does an Underwriter (Life) III make in Kentucky? The average Underwriter (Life) III salary in Kentucky is $91,403 as of April 24, 2024, but the range typically falls between $81,986 and $100,588. 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 (Life) III Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Underwriter (Life) III Salary $73,413 KY April 24, 2024
25th Percentile Underwriter (Life) III Salary $81,986 KY April 24, 2024
50th Percentile Underwriter (Life) III Salary $91,403 KY April 24, 2024
75th Percentile Underwriter (Life) III Salary $100,588 KY April 24, 2024
90th Percentile Underwriter (Life) III Salary $108,951 KY April 24, 2024
25% $81,986 10% $73,413 90% $108,951 75% $100,588 $91,403 50%(Median) Didn’t find job title? Click
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What skills does an Underwriter (Life) 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.

Credit Reports: Credit report is a statement that has information about your credit activity and current credit situation such as loan paying history and the status of your credit accounts. It allows to check for any delinquency in past and present credit accounts.

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 6.42%
Credit Reports 1.32%
Financial Analysis 1.04%
Others 91.22%

Job Description for Underwriter (Life) III

Underwriter (Life) III reviews medical, occupational, financial, and legal information to select or reject individual or group life insurance applications. Calculates rates and premiums from approved decrement tables. Being an Underwriter (Life) III approves or denies applications on own discretion. Typically requires a bachelor's degree. Additionally, Underwriter (Life) III typically reports to a manager. The Underwriter (Life) III contributes to moderately complex aspects of a project. Work is generally independent and collaborative in nature. To be an Underwriter (Life) III typically requires 4 to 7 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Underwriter (Life) III in Kentucky
  • United Wholesale Mortgage (UWM) is America’s #1 mortgage lender and we’re looking to fill an immediate need for underwriters. When you join UWM as an under...
    - 9 Months Ago
  • Who We Are. Valley Health System is a not-for-profit network of hospitals, urgent cares, physician practices, and services. Expanding across Virginia, West...
    - 3 Months Ago
  • ECU Health. About ECU Health Medical Center. ECU Health Medical Center, one of four academic medical centers in North Carolina, is the 974-bed flagship hos...
    - 19 Days Ago
  • What you can expect. Under the direction of the Director, Technology - Infrastructure Services, the Engineer III - Unified Communications is responsible fo...
    - 16 Days Ago
  • What you can expect. Find joy in serving others with IEHP. We welcome you to join us in “healing and inspiring the human spirit” and to pivot from a “job” ...
    - 2 Months Ago

Select a city to view specific salary and bonus information for Underwriter (Life) III

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Location Avg. Salary Date Updated
Location Aberdeen, KY Avg. Salary $86,643 Date Updated April 24, 2024
Location Adairville, KY Avg. Salary $88,197 Date Updated April 24, 2024
Location Adams, KY Avg. Salary $85,575 Date Updated April 24, 2024
Location Adolphus, KY Avg. Salary $90,820 Date Updated April 24, 2024
Location Ages Brookside, KY Avg. Salary $84,798 Date Updated April 24, 2024
Location Albany, KY Avg. Salary $88,392 Date Updated April 24, 2024
Location Alexandria, KY Avg. Salary $94,900 Date Updated April 24, 2024
Location Allen, KY Avg. Salary $85,575 Date Updated April 24, 2024
Location Allensville, KY Avg. Salary $87,226 Date Updated April 24, 2024
Location Almo, KY Avg. Salary $86,643 Date Updated April 24, 2024

Career Path for Underwriter (Life) 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 (Life) 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 (Life) III Salary in Kentucky
Underwriter (Life) III Salary Graph, Regional Distribution and Summary