Underwriter V Salary in Georgiana, Alabama

How much does an Underwriter V make in Georgiana, AL? The average Underwriter V salary in Georgiana, AL is $118,459 as of April 26, 2022, but the range typically falls between $102,224 and $136,581. 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. 

About Georgiana, Alabama    Georgiana is a town in Butler County, Alabama, United States. As of the 2010 census, the population of the town was 1,738. Georgiana is located in sou....More

Georgiana, Alabama  area prices were up 1.3% from a year ago    View the Cost of Living in Georgiana, Alabama

Job Description

Reviews and analyzes risk characteristics on insurance applications, renewals, and change requests. Utilizes underwriting guidelines, rules, standards, and levels of authority to accept, reject, or mitigate risk for applications and determine appropriate premiums, limits, and coverages. Calculates renewal rates. Ensures that underwriting activities comply with all industry and governmental regulations. May coordinate with field agents to collect or clarify information or decisions. Typically requires a bachelor's degree or equivalent. Typically reports to a supervisor or manager. Works autonomously. Goals are generally communicated in "solution" or project goal terms. May provide a leadership role for the work group through knowledge in the area of specialization. Works on advanced, complex technical projects or business issues requiring state of the art technical or industry knowledge. Typically requires 10+ years of related experience. (Copyright 2022 Salary.com)

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Understand the total compensation opportunity for a Underwriter V, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
102224
136581
118459

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
112306
160963
134665
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Underwriter V in Georgiana, AL. The base salary for Underwriter V ranges from $102,224 to $136,581 with the average base salary of $118,459. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $112,306 to $160,963 with the average total cash compensation of $134,665.
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102224
136581

 

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Career Path for this job

  1. Down a level:

    Underwriter IV

    7 + years experience
    Bachelor's Degree

  2. This Job:

    Underwriter V

    10 + years experience
    Bachelor's Degree

  3. Up a level:

    Underwriting Supervisor

    3 - 5 years experience
    Bachelor's Degree

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Job Openings for Underwriter V in Georgiana, AL