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Underwriting Specialist Salary
in New York-Manhattan, New York

$39,947 (USD)

Average Salary

$19/hr

Average Hourly

$3,052

Average Bonus

Salary Recap

The average pay for an Underwriting Specialist is $39,947 a year and $19 an hour in New York-Manhattan, New York, United States. The average salary range for an Underwriting Specialist is between $31,199 and $49,620. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in New York-Manhattan, New York.

Average Salary Chart

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Job Summary

Description:
  • Develops, grows, and maintains a diversified book of business by maintaining relationships with Agents and Brokers, effective underwriting decision making, and utilizing underwriting tools, systems, and expert resources.
  • Manages a large complex book of business; analyzes the portfolio; analyzes account information for large and complex accounts; evaluates risks and controls; identifies areas of opportunity for improved growth, profit, and diversification; and executes marketing plans to increase market share with preferred brokers.
  • Develops relationships with Agents and Brokers through responsive service, site visits, in person renewal meetings, and/or enhanced knowledge of their customers' businesses.
  • Evaluates opportunities for the organization by qualifying accounts; identifying, selecting, and assessing risks; determining the premium, policy terms, and conditions; and obtaining approvals.
Underwriting Specialist Job Prevalence in New York-Manhattan, New York, United States

Job family: Insurance Underwriters

Job family population: 89,910

Estimated population of Underwriting Specialist jobs: 11,443

Rate of error: 2.3%

Salary Potential

Estimated salary in 2024:
$46,309
5 Year Change:
16 %

Education

Education data not available for this job

Skills

Skills data not available for this job

About New York-Manhattan, New York

New York-Manhattan Cost of Living Score:

Underwriting Specialist Job Listings for New York-Manhattan, New York

Marine Executive Field Underwriter
Apr 25
Whitehouse Station, NJ, USA
Chubb
... underwriting authority of field staff and develop future Marine UW Specialists. • External - the CI Marine EFU will be responsible for building relationships with key agents and customers ...
Underwriting Assistant - Trade Credit Insurance
Apr 25
us
ReceivaSure
Conducts underwriting and related compliance functions. Completes administrative work related to underwriting and policy and endorsement processing. Aids the carrier and producer relationships with ...
Underwriting Assistant
Mar 28
New York, NY, USA
Chubb
The Underwriting Assistant (UA) assists assigned underwriters in managing, and servicing new and renewal business to include all lines of major accounts and casualty insurance. This role will perform ...
Underwriter - New York
May 21
New York, New York, USA
Assembled Brands
Demonstrate a sense of urgency in organizing work and completing the underwriting process as quickly and efficiently as possible * A willingness but not a need to help with new business recruitment ...
Underwriting Consultant
May 4
Hamilton, NJ, USA
The Difference Card
The Underwriting Consultant will be reporting directly to the firm's Chief Risk Officer. They will be responsible for analyzing health benefit plan data and assessing risks as to frequency of claims ...
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