▼24%
$62,550
Avg. Base Salary (USD)
/ year
Avg. Base Salary (USD)
10%
$48k
MEDIAN
$63k
90%
$91k
The average salary for an Insurance Underwriter, Life is $62,550 in 2025
Base Salary
$48k - $91k
Bonus
$916 - $9k
Profit Sharing
$900 - $4k
Total Pay
$48k - $95k
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What is the Pay by Experience Level for Insurance Underwriter, Lives?
What Do Insurance Underwriter, Lives Do?
Insurance Underwriter, Life Tasks
- Analyze new and renewal business, data, claim history, loss experience, and outcome of liability decisions.
- Underwrite, submit, approve or pend coverage amounts and premiums, and present decisions to management.
- Monitor existing policies for compliance with company guidelines.
- Manage underwriting territory and select new business based on analysis of their profitability.
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Common Health Benefits for a Insurance Underwriter, Life
Medical
94%
Dental
94%
Vision
81%
None
3%
Gender Breakdown for Insurance Underwriter, Lives
Male
54.5%
Female
45.5%
This data is based on 22 survey responses. Learn more about the gender pay gap.
FAQs About Insurance Underwriter, Lives
What is the highest pay for Insurance Underwriter, Lives?
Our data indicates that the highest pay for an Insurance Underwriter, Life is $91k / year
What is the lowest pay for Insurance Underwriter, Lives?
Our data indicates that the lowest pay for an Insurance Underwriter, Life is $48k / year
How can Insurance Underwriter, Lives increase their salary?
Increasing your pay as an Insurance Underwriter, Life is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are an Insurance Underwriter, Life that oversees more junior Insurance Underwriter, Lives, this experience can increase the likelihood to earn more.