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Insurance Underwriter Commercial Property Salary

$80,544 (USD)

Average Salary

$39/hr

Average Hourly

$3,085

Average Bonus

Last updated: December 10, 2019

The average pay for an Insurance Underwriter Commercial Property is $80,544 a year and $39 an hour in the United States. The average salary range for an Insurance Underwriter Commercial Property is between $57,275 and $99,638. On average, a Bachelor's Degree is the highest level of education for an Insurance Underwriter Commercial Property. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in the United States.

ERI’s compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.

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Description:
  • Examines individual applications for commercial property insurance to evaluate degree of risk involved and accepts applications, following company's underwriting policies.
  • Checks such documents as application form, inspection report, insurance maps, and medical reports to determine degree of risk from such factors as applicant's financial standing, age, occupation, accident experience, and value and condition of real property.
Insurance Underwriter Commercial Property Job Prevalence in the United States

Job family: Insurance Underwriters

Job family population: 96,040

Estimated population of Insurance Underwriter Commercial Property jobs: 12,451

Rate of error: 2.6%

Estimated salary in 2024:
$93,373
5 Year Change:
16 %
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Skills data not available for this job

About United States

United States Cost of Living Score:

Description: The United States of America (USA), commonly known as the United States (U.S. or US) or simply America, is a country comprising 50 states, a federal district, five major self-governing territories, and various possessions. At 3.8 million square miles (9.8 million km2), it is the world's third or fourth largest country by total area and is slightly smaller than the entire continent of Europe. Most of the country is located in central North America between Canada and Mexico. With an estimated population of over 327 million people, the U.S. is the third most populous country. The capital is Washington, D.C., and the...

Insurance Underwriter Commercial Property Job Listings for United States

Commercial Insurance Territory Underwriter- UTAH- Remote
Nov 21
Salt Lake City, UT, USA
Hallmark Financial Services, Inc.
Hallmark Financial is a specialty property and casualty insurance holding company with a ... underwrites and services over $650 million annually in commercial and personal insurance premiums ...
Commercial Lines Account Manager - Insurance - Property and Casualty -
Oct 17
Phoenix, AZ, USA
Insurance Relief
Commercial Lines Account Manager - Insurance - Property and Casualty - Phoenix, AZ * Fun * Fast ... Negotiate with Underwriters to provide the best possible rates according to underwriting guidelines
Underwriter - Property
Oct 16
Calabasas, CA, USA
Topa Insurance Company
Underwriting includes assessing insurance risks presented to the company, receiving applications ... Qualifications * 3-5+ years of experience in commercial lines (property & casualty) underwriting
Service Center Representative - Property and Casualty Insurance
Nov 27
Lincoln, NE, USA
Midwest Family Mutual Insurance Company
Process Personal and Commercial lines endorsements. * Complete underwriting and claims clerical ... Regional Property & Casualty Insurance Company based in West Des Moines, IA and is currently ...
Account Manager Commercial Insurance - Operations Specialist
Nov 7
us
Venbrook Companies
Property, Construction, Primary and Excess Liability, Directors & Officers/Management Liability ... Prepare underwriting submissions, assist Account Executive in the selection of markets, and send ...

The average pay for an Insurance Underwriter Commercial Property is $80,544 a year and $39 an hour in the United States. The average salary range for an Insurance Underwriter Commercial Property is between $57,275 and $99,638. On average, a Bachelor's Degree is the highest level of education for an Insurance Underwriter Commercial Property. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in the United States.

ERI’s compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.

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Insurance Underwriter Commercial Property
Insurance Underwriter Commercial Property
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Insurance Underwriter Commercial Property
Insurance Underwriter Commercial Property
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Commercial Insurance Territory Underwriter- UTAH- Remote
Nov 21
Salt Lake City, UT, USA
Hallmark Financial Services, Inc.
Hallmark Financial is a specialty property and casualty insurance holding company with a ... underwrites and services over $650 million annually in commercial and personal insurance premiums ...
Commercial Lines Account Manager - Insurance - Property and Casualty -
Oct 17
Phoenix, AZ, USA
Insurance Relief
Commercial Lines Account Manager - Insurance - Property and Casualty - Phoenix, AZ * Fun * Fast ... Negotiate with Underwriters to provide the best possible rates according to underwriting guidelines
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View our most popular salary searches and other resources