A person working as a Insurance Underwriter Commercial Property in will on average earn $55322 per year (pre-tax value). Salary is provided in USD ($/dollar) value.
Below is a break-down of yearly, monthly, weekly and hourly rate.
| Rate Type | Amount (USD) |
|---|---|
| Yearly salary | $55,322.00 |
| Weekly salary | $1,063.88 |
| Daily salary | $151.57 |
| Hourly salary | $18.95 |
This means insurance underwriter commercial property salary is above average!
Job Industry: insurance
Description: An insurance underwriter for commercial property is responsible for evaluating and assessing the risks associated with insuring commercial properties. They analyze various factors such as location, construction type, occupancy, and fire protection measures to determine the appropriate coverage and premium rates. The underwriter reviews applications, gathers necessary information, and conducts risk assessments to make informed decisions on policy approvals or rejections. They also collaborate with brokers, agents, and other professionals to ensure accurate and comprehensive underwriting. Additionally, they may negotiate terms and conditions, prepare policy documents, and provide guidance on risk management strategies to clients.
Tagged with: insurance underwriter, commercial property, risk assessment, policy approval, premium rates, risk management.