The average pay for a Renewal Rater is $72,394 a year and $35 an hour in Maryland, United States.
The average salary range for a Renewal Rater is between $51,921 and $89,335.
This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Maryland, United States.
Average Salary Chart
Obtains information and experience data necessary to accurately price the renewal of an insurance plan.
Performs experience analysis and calculates required rates and factors.
Recommends renewal action to the Underwriter.
Typically requires a college degree in math, economics, or a related field and at least five years of underwriting experience.
Estimated salary in 2023:
5 Year Change:
Education data not available for this job
Skills data not available for this job
Renewal Rater Job Listings for Maryland, United States
Sales / Design Consultant
Jessup, MD, USA
Renewal By Andersen
Renewal by Andersen, the window replacement and installation experts, are seeking talented sales ... Our compensation plans rewards solid performance with a strong commission rate and the opportunity ...
... renewals. * Formulate ideas on how to drive new retention rates. * Work in web-based programs to set up HTML email offers, as well as the content and packages for mail offers. * Create campaign ...
... and rates that meet customer needs Maintain in-depth knowledge of the insurance marketplace ... Prepare new business and renewal proposals and other presentation documents to assist sales efforts ...