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Life Insurance Underwriting Director Salary in the United States

Life Insurance Underwriting Director Salary

How much does a Life Insurance Underwriting Director make in the United States? The average Life Insurance Underwriting Director salary in the United States is $160,500 as of March 26, 2024, but the range typically falls between $143,400 and $180,500. 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.

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Life Insurance Underwriting Director Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Life Insurance Underwriting Director Salary $127,831 US March 26, 2024
25th Percentile Life Insurance Underwriting Director Salary $143,400 US March 26, 2024
50th Percentile Life Insurance Underwriting Director Salary $160,500 US March 26, 2024
75th Percentile Life Insurance Underwriting Director Salary $180,500 US March 26, 2024
90th Percentile Life Insurance Underwriting Director Salary $198,709 US March 26, 2024
25% $143,400 10% $127,831 90% $198,709 75% $180,500 $160,500 50%(Median) Didn’t find job title? Click
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Job Description

The Life Insurance Underwriting Director is responsible for ensuring integrity of underwriting activities and processes. Directs and oversees the life insurance underwriting program for individuals and/or groups. Being a Life Insurance Underwriting Director position may require supplemental training and education in the field, such as to obtain CLU and FLMI designations. Provides assistance to underwriters on more complex applications. In addition, Life Insurance Underwriting Director requires a bachelor's degree. Typically reports to top management. The Life Insurance Underwriting Director 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. Working as a Life Insurance Underwriting Director typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. (Copyright 2024 Salary.com)

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Career Path for this job

  1. Down a level:

    Life Insurance Underwriting Manager

    5 + years experience
    Bachelor's Degree

  2. This Job:

    Life Insurance Underwriting Director


    Bachelor's Degree

  3. Up a level:

    Chief Life Underwriting Executive


    Bachelor's Degree

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Understand the total compensation opportunity for a Life Insurance Underwriting Director, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
143400
180500
160500

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
172100
219800
193800
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Life Insurance Underwriting Director in the United States. The base salary for Life Insurance Underwriting Director ranges from $143,400 to $180,500 with the average base salary of $160,500. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $172,100 to $219,800 with the average total cash compensation of $193,800.
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143400
180500

 

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Salary estimation for Life Insurance Underwriting Director at companies like : DocGenix LP, Gem State Hearing, EY Assurance

Jobs with a similar salary range to Life Insurance Underwriting Director : Tattooist

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