Saturday, October 10, 2009

GROUP UNDERWRITER

Group Underwriter III


Reviews, analyzes, and inspects group insurance contracts. Calculates benefits, rates, and the financial status of a company. Analyzes various rate plans utilizing a company's claims history to determine the appropriate rate plan and benefits costs. Requires a bachelor's degree and at least 5 years of experience in the field or in a related area. Familiar with a variety of the field's concepts, practices, and procedures. Relies on experience and judgment to plan and accomplish goals. Performs a variety of complicated tasks. May lead and direct the work of others. May report to an executive or a manager. A wide degree of creativity and latitude is expected.



Alternate Job Titles: Group Underwriter III
Benefit Median Amount % of Total


Base Salary $44,007 68.4%

Bonuses $1,110 1.7%

Social Security $3,451 5.4%

401k / 403b $1,624 2.5%

Disability $451 0.7%

Healthcare $5,722 8.9%

Pension $2,075 3.2%

Time Off $5,900 9.2%

Total $64,341 100%

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