How much does an Underwriting Supervisor I make in the United States?
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The average Underwriting Supervisor I salary in the United States is $173,012 as of February 26, 2024. The range for our most popular Underwriting Supervisor I positions (listed below) typically falls between $46,699 and $299,325. Keep in mind that salary ranges can vary widely depending on many important factors, including position, education, certifications, additional skills, and 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.
Underwriting Supervisor I's Annual Base Salary
Job Title | Salary | Hourly Rate | Location | Date Updated |
Life Underwriting Manager | $128,457 | $61.76 | United States | February 26, 2024 |
Underwriting Assistant | $51,947 | $24.97 | United States | February 26, 2024 |
Property Casualty Underwriting Supervisor | $112,248 | $53.97 | United States | February 26, 2024 |
Underwriting Supervisor | $108,598 | $52.21 | United States | February 26, 2024 |
Life Underwriting Supervisor | $113,349 | $54.49 | United States | February 26, 2024 |
Underwriting Manager | $131,209 | $63.08 | United States | February 26, 2024 |
Loan Underwriting Supervisor | $98,600 | $47.40 | United States | February 26, 2024 |
Underwriting Senior Manager | $174,818 | $84.05 | United States | February 26, 2024 |
Life Underwriting Director | $160,070 | $76.96 | United States | February 26, 2024 |
Top Underwriting Executive | $255,919 | $123.04 | United States | February 26, 2024 |
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Manages the daily operations of life underwriting department for a variety of products to contribute to the achievement of financial objectives of the business. Underwrites and oversees the issuance of renewal on key accounts. Proposes enhancements for life underwriting policies and procedures. Must be familiar with current legislative and compliance processes affecting Life Insurance. Typically requires a bachelor's degree or equivalent. Typically reports to a head of a unit/department. Manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. View Life Underwriting Manager SalaryAlternate Job Titles:Life Insurance Underwriting Manager, Life Underwriting ManagerCategory : Insurance
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Provides support and assistance to underwriting staff. Performs administrative duties regarding new and renewal accounts, risk assessments, and loss runs and loss ratings. May assist underwriters with the computation of rates and premiums. Typically requires a high school diploma. Typically reports to a supervisor. Works under moderate supervision. Gaining or has attained full proficiency in a specific area of discipline. Typically requires 1-3 years of related experience. View Underwriting Assistant SalaryAlternate Job Titles:Underwriting Associate, Underwriting Operations Support Coordinator, Underwriting Team Support Assistant, Underwriting Assistant
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Oversees activities of the property/casualty underwriting department. Provides supervision for a group of underwriters who review, analyze and inspect property/casualty insurance contracts, which includes accident insurance, crime insurance, loss of property insurance. Experienced in risk management and complex applications. Analyzes various rate plans utilizing a company's claims history to determine the appropriate rate plan and benefits costs. May assist with analysis of large accounts. May require a bachelor's degree. Typically requires certification as a Chartered Property Casualty Underwriter (CPCU). 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. Typically requires 3 years experience in the related area as an individual contributor. Thorough knowledge of functional area under supervision. View Property Casualty Underwriting Supervisor SalaryAlternate Job Titles:P/C Underwriting Supervisor, Property Casualty Insurance Underwriting Supervisor, Property Casualty Underwriting SupervisorCategory : Insurance
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Oversees activities of the underwriting department. Provides supervision for a group of underwriters who review, analyze, and inspect insurance risk. Ensures compliance with all industry and governmental regulations. Follows established procedures regarding risk management, application and renewal, and acceptance and rejection. Develops underwriting team expertise with coaching, support and educational programs. Typically requires a bachelor's degree. Typically reports to a manager or head of a unit/department. Supervises a group of primarily para-professional level staffs. May also be a level above a supervisor within high volume administrative/ production environments. Makes day-to-day decisions within or for a group/small department. Has some authority for personnel actions. Typically requires 3-5 years experience in the related area as an individual contributor. Thorough knowledge of functional area and department processes. View Underwriting Supervisor SalaryAlternate Job Titles:Underwriting Operations Supervisor, Underwriting SupervisorCategory : Insurance
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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. View Life Underwriting Supervisor SalaryAlternate Job Titles:Life Insurance Underwriting Supervisor, Life Underwriting SupervisorCategory : Insurance
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Manages daily operations of the underwriting process. Implements underwriting strategy and operational policies for product lines. Oversees the review and approval process for decisions and recommendations related to complex cases. Defines and establishes procedures for risk criteria, application and renewal, and acceptance and rejection. Develops underwriting team expertise with coaching, support and educational programs. Requires a bachelor's degree. Typically reports to a senior manager. Manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. View Underwriting Manager SalaryAlternate Job Titles:Underwriting Operations Manager, Underwriting ManagerCategory : Insurance
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Supervises underwriting operations and oversees the loan application review process to determine loan eligibility and terms. Coordinates the day-to-day activities of the underwriting team to ensure that loan screening is conducted timely, accurately, and in compliance with all regulations. Provides loan options or product recommendations based on qualifications and keeps the team updated and informed of new products, regulations, or product changes. Assists customers through the loan process by researching and answering complex or unique customer inquiries, clarifying details, and coordinating with internal parties. Requires a bachelor's degree. Typically reports to a manager. 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. Typically requires 3 years experience in the related area as an individual contributor. Thorough knowledge of functional area under supervision. View Loan Underwriting Supervisor SalaryAlternate Job Titles:Consumer Loan Credit Supervisor I, Credit Supervisor - Lending, Loan Underwriting Supervisor
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Manages operations of the underwriting process. Implements underwriting strategy and operational policies for product lines. Oversees the review and approval process for decisions and recommendations related to complex cases. Defines and establishes procedures for risk criteria, application and renewal, and acceptance and rejection. Develops underwriting team expertise with coaching, support and educational programs. Requires a bachelor's degree. Typically reports to a director. Typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. Typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. View Underwriting Senior Manager SalaryAlternate Job Titles:Underwriting Operations Senior Manager, Underwriting Senior ManagerCategory : Insurance
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Directs and oversees the life insurance underwriting program for individuals and/or groups. Responsible for ensuring integrity of underwriting activities and processes. Provides coaching to underwriters and assists on more complex applications. Requires a bachelor's degree or equivalent. Typically requires Chartered Life Underwriter (CLU) certification or Fellow Life Management Institute (FLMI) designation. Typically reports to top management. Manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. Typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. View Life Underwriting Director SalaryAlternate Job Titles:Life Insurance Underwriting Director, Life Underwriting Director
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Leads and directs underwriting strategy, operations, and policy development across product lines. Ensures profitability, growth, and efficiencies that align with the organization's goals and objectives. Establishes financial control guidelines, tools, administrative standards, and best practices. Researches competitors and market conditions to develop and maintain risk selection criteria and methods that support sound risk management. Requires a bachelor's degree. Typically requires Chartered Life Underwriter (CLU) certification or Fellow Life Management Institute (FLMI) designation. Typically reports to top management. Manages a departmental function within a broader corporate function. Develops major goals to support broad functional objectives. Approves policies developed within various sub-functions and departments. Typically requires 8+ years of managerial experience. Comprehensive knowledge of the overall departmental function. View Top Underwriting Executive SalaryAlternate Job Titles:Top Group Underwriting Executive, Top Underwriting Executive