Life Underwriting Supervisor Salary in the United States

How much does a Life Underwriting Supervisor make in the United States? The average Life Underwriting Supervisor salary in the United States is $94,147 as of April 27, 2019, but the range typically falls between $87,635 and $101,416. 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.  View the Cost of Living in Major Cities

Job Description

Supervises group of underwriters who review, analyze and inspect life insurance contracts. Accepts, modifies or declines a risk through evaluation of an individual's medical history or physical condition, occupational hazards, financial background, insurable interest and other information. Analyzes various rate plans utilizing the organization's claims history to determine the appropriate rate plan and benefits costs. Familiar with current legislative and compliance processes affecting life insurance. May evaluate reinstatements and changes in existing policies. May have designations or course work toward the CLU, FLMI, etc. Has a sound working knowledge of medical terminology. Requires a bachelor's degree. Typically reports to a manager or head of a unit/department. Supervises a small group of para-professional staff in an organization characterized by highly transactional or repetitive processes. Contributes to the development of processes and procedures. Thorough knowledge of functional area under supervision. Typically requires 3 years experience in the related area as an individual contributor. (Copyright 2019 Salary.com)

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Average Base Salary

Core compensation

 
 
 
87635
101416
94147

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
95016
110666
101597
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Life Underwriting Supervisor in the United States. The base salary for Life Underwriting Supervisor ranges from $87,635 to $101,416 with the average base salary of $94,147. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $95,016 to $110,666 with the average total cash compensation of $101,597.
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87635
101416

 

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Career Path for this job

  1. Down a level:

    Underwriter (Life) III

    4 - 7 years experience
    Bachelor's Degree

  2. This Job:

    Life Underwriting Supervisor

    3 + years experience
    Bachelor's Degree

  3. Up a level:

    Life Underwriting Manager


    Bachelor's Degree

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Job Openings for Life Underwriting Supervisor