How much does an Underwriter (P/C) II make in Utah? The average Underwriter (P/C) II salary in Utah is $68,728 as of March 26, 2024, but the range typically falls between $61,263 and $79,022. 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) II Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Underwriter (P/C) II Salary $54,467 UT March 26, 2024
25th Percentile Underwriter (P/C) II Salary $61,263 UT March 26, 2024
50th Percentile Underwriter (P/C) II Salary $68,728 UT March 26, 2024
75th Percentile Underwriter (P/C) II Salary $79,022 UT March 26, 2024
90th Percentile Underwriter (P/C) II Salary $88,394 UT March 26, 2024
25% $61,263 10% $54,467 90% $88,394 75% $79,022 $68,728 50%(Median) Didn’t find job title? Click
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What skills does an Underwriter (P/C) II 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 6.4%
Futures 1.36%
Financial Analysis 1.02%
Others 91.22%

Job Description for Underwriter (P/C) II

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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Job Openings for Underwriter (P/C) II in Utah

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Location Avg. Salary Date Updated
Location Lehi, UT Avg. Salary $66,993 Date Updated March 26, 2024
Location Alpine, UT Avg. Salary $70,534 Date Updated March 26, 2024
Location Altamont, UT Avg. Salary $69,956 Date Updated March 26, 2024
Location Alton, UT Avg. Salary $69,523 Date Updated March 26, 2024
Location Altonah, UT Avg. Salary $69,956 Date Updated March 26, 2024
Location American Fork, UT Avg. Salary $67,210 Date Updated March 26, 2024
Location Aneth, UT Avg. Salary $69,812 Date Updated March 26, 2024
Location Annabella, UT Avg. Salary $66,343 Date Updated March 26, 2024
Location Antimony, UT Avg. Salary $66,343 Date Updated March 26, 2024
Location Aurora, UT Avg. Salary $66,343 Date Updated March 26, 2024

Career Path for Underwriter (P/C) II

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 in Utah
Underwriter (P/C) II Salary Graph, Regional Distribution and Summary