What is the average Underwriting Supervisor I salary for Richland, WA?
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As of March 26, 2024, the average Underwriting Supervisor I salary in Richland, WA is $182,862. The chart below represents localized salaries for some of our most popular Underwriting Supervisor I job titles in Richland, WA. Salaries can vary greatly depending on numerous factors, including position, location, years of experience, and level of education. Salary.com’s team of Certified Compensation Professionals analyzed survey data collected from thousands of HR departments at companies of all sizes and industries to compile a range of salaries for various Underwriting Supervisor I job titles in Richland, WA. Apply your personal criteria to one of the job titles below to get your personalized salary estimate.
Underwriting Supervisor I Salaries in Richland, WA
| Job Title | Salary | Hourly Rate | Location | Date Updated |
| Underwriting Assistant | $54,959 | $26.42 | Richland, WA | March 26, 2024 |
| Life Underwriting Manager | $135,725 | $65.25 | Richland, WA | March 26, 2024 |
| Property Casualty Underwriting Supervisor | $118,602 | $57.02 | Richland, WA | March 26, 2024 |
| Underwriting Manager | $138,754 | $66.71 | Richland, WA | March 26, 2024 |
| Underwriting Supervisor | $114,919 | $55.25 | Richland, WA | March 26, 2024 |
| Life Underwriting Supervisor | $119,784 | $57.59 | Richland, WA | March 26, 2024 |
| Underwriting Senior Manager | $185,062 | $88.97 | Richland, WA | March 26, 2024 |
| Life Underwriting Director | $169,126 | $81.31 | Richland, WA | March 26, 2024 |
| Top Underwriting Executive | $270,454 | $130.03 | Richland, WA | March 26, 2024 |
| Quality Control Supervisor I | $89,190 | $42.88 | Richland, WA | March 26, 2024 |
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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. Underwriting Assistant Salaries in Richland, WAAlternate Job Titles:Underwriting Operations Support Coordinator, Underwriting Team Support Assistant, Underwriting Assistant
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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. Life Underwriting Manager Salaries in Richland, WAAlternate Job Titles:Life Insurance Underwriting Manager, Life Underwriting ManagerCategory : Insurance
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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. Property Casualty Underwriting Supervisor Salaries in Richland, WAAlternate Job Titles:P/C Underwriting Supervisor, Property Casualty Insurance Underwriting Supervisor, Property Casualty 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. Underwriting Manager Salaries in Richland, WAAlternate Job Titles:Underwriting Operations Manager, Underwriting ManagerCategory : 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. Underwriting Supervisor Salaries in Richland, WAAlternate Job Titles:Level III Underwriting Supervisor, Underwriting Operations Supervisor III, 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. Life Underwriting Supervisor Salaries in Richland, WAAlternate Job Titles:Life Insurance Underwriting Supervisor, Life Underwriting SupervisorCategory : Insurance
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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. Underwriting Senior Manager Salaries in Richland, WACategory : 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. Life Underwriting Director Salaries in Richland, WAAlternate 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. Top Underwriting Executive Salaries in Richland, WAAlternate Job Titles:Chief Group Underwriting Executive, Vice President of Group Underwriting, Top Underwriting Executive
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Oversees and monitors the inspection and testing of materials, parts, and products to ensure adherence to established quality standards. Establishes inspection protocols, defines sampling procedures, and determines equipment and mechanisms to be used in the testing process. Recommends changes in specifications of materials, parts, and products based on inspection results. May formulate and revise quality control policies and procedures. A level I supervisor is considered a working supervisor with little authority for personnel actions. May require a bachelor's degree. Typically reports to a manager or head of a unit/department. Working team member that may validate or coordinate the work of others on a support team. Suggests improvements to process, is a knowledge resource for other team members. Has no authority for staff actions. Generally has a minimum of 2 years experience as an individual contributor. Thorough knowledge of the team processes. Quality Control Supervisor I Salaries in Richland, WAAlternate Job Titles:Inspection/Testing Supervisor I, QC Supervisor I, Supervisor of Quality Control I, Quality Control Supervisor I