How much does an Underwriter (Life) I make in Maryland? The average Underwriter (Life) I salary in Maryland is $57,608 as of March 26, 2024, but the range typically falls between $51,741 and $64,487. 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) I Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Underwriter (Life) I Salary $46,399 MD March 26, 2024
25th Percentile Underwriter (Life) I Salary $51,741 MD March 26, 2024
50th Percentile Underwriter (Life) I Salary $57,608 MD March 26, 2024
75th Percentile Underwriter (Life) I Salary $64,487 MD March 26, 2024
90th Percentile Underwriter (Life) I Salary $70,750 MD March 26, 2024
25% $51,741 10% $46,399 90% $70,750 75% $64,487 $57,608 50%(Median) Didn’t find job title? Click
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What skills does an Underwriter (Life) I 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.

Pricing: Pricing is a process of fixing the value that a manufacturer will receive in the exchange of services and goods.

3.

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.

Analysis 5.62%
Pricing 1.96%
Futures 1.19%
Others 91.23%

Job Description for Underwriter (Life) I

Underwriter (Life) I 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) I may have contact with the field force for information on which to base decisions. May require a bachelor's degree. Additionally, Underwriter (Life) I typically reports to a supervisor or manager. The Underwriter (Life) I works on projects/matters of limited complexity in a support role. Work is closely managed. To be an Underwriter (Life) I typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Underwriter (Life) I in Maryland

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Location Avg. Salary Date Updated
Location Dundalk, MD Avg. Salary $57,440 Date Updated March 26, 2024
Location Abell, MD Avg. Salary $61,910 Date Updated March 26, 2024
Location Aberdeen, MD Avg. Salary $56,267 Date Updated March 26, 2024
Location Aberdeen Proving Ground, MD Avg. Salary $56,602 Date Updated March 26, 2024
Location Abingdon, MD Avg. Salary $56,323 Date Updated March 26, 2024
Location Accident, MD Avg. Salary $50,009 Date Updated March 26, 2024
Location Accokeek, MD Avg. Salary $62,078 Date Updated March 26, 2024
Location Adamstown, MD Avg. Salary $60,737 Date Updated March 26, 2024
Location Allen, MD Avg. Salary $59,396 Date Updated March 26, 2024
Location Andrews Air Force Base, MD Avg. Salary $62,190 Date Updated March 26, 2024

Career Path for Underwriter (Life) I

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) I, the first career path typically starts with a Health Underwriter position, and then Health Underwriting Manager.

The second career path typically starts with an Underwriter (Life) II position, and then progresses to Life Underwriting Supervisor.

The third career path typically starts with an Underwriter (P/C) II position, and then progresses to Underwriter (P/C) IV.

Additionally, the fourth career path typically starts with an Underwriter II position, and then progresses to Underwriter IV.

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Underwriter (Life) I Salary in Maryland
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