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Insurance Development information
See salary details
$33K - $42.1K
2% of jobs
$42.1K - $51.2K
8% of jobs
$58.1K is the 25th percentile. Wages below this are outliers.
$51.2K - $60.3K
19% of jobs
$60.3K - $69.4K
20% of jobs
The median wage is $69.7K / yr.
$69.4K - $78.5K
16% of jobs
$85.5K is the 75th percentile. Wages above this are outliers.
$78.5K - $87.5K
13% of jobs
$87.5K - $96.6K
5% of jobs
$96.6K - $105.7K
11% of jobs
$105.7K - $114.8K
2% of jobs
$114.8K - $123.9K
2% of jobs
$123.9K - $133K
2% of jobs
$33K
$77.4K
$133K
How much do insurance development jobs pay per year?
What is the difference between Insurance Development vs Insurance Underwriter?
| Aspect | Insurance Development | Insurance Underwriter |
|---|---|---|
| Primary Role | Designs new insurance products and strategies to meet market needs | Evaluates and assesses individual insurance applications to determine coverage and premiums |
| Required Skills | Market analysis, product design, industry knowledge | Risk assessment, decision-making, analytical skills |
| Work Environment | Collaborative, strategic planning teams | Assessment-focused, often in underwriting departments |
| Certifications | Often requires industry certifications, but less standardized | Professional designations like CPCU or ARM are common |
Insurance Development focuses on creating and strategizing new insurance products, while Insurance Underwriters evaluate individual applications to determine coverage. Both roles require industry knowledge, but their daily tasks and skill sets differ significantly, with development emphasizing market strategy and underwriting emphasizing risk assessment.

Job description
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Position: Ab Initio Developer
Location: Reston, VA
Duration: Long Term
Skill Matrix :
- Abinitio Development experience 6 years
- Oracle database ( sql / pl-sql ) 4 years
- Dimensional Modelling fundamentals knowledge.
- Should have worked on large corporate ( banking/finance/insurance ) development projects
- Oracle Database development ( stored procedures ).
- Production support/release and change management experience.
Technical skills and Responsibilities:
- Excellent written and verbal communication skills a must.
- Highly Proficient in the Ab Initio
- High proficiency in Oracle SQL and PL/SQL with strong relational database concepts
- Knowledge of UNIX Operating system
- Support System Testing and User Acceptance Testing and deployment
- Strong analytical and problem solving skills with production support experience.
Professional, energetic and self-motivated with a well-defined work ethic
If interested . Kindly fill in the below details and send them to chris at tekwissen dot com
- First, Middle and Last Name:
- Visa Status:
- Availability:
- Relocation:
- Phone number:
- Email:
- An updated resume
About stem xpert
Sourced by ZipRecruiter
STEM Xpert, based in Ann Arbor, MI, US, is a leading company in the Science, Technology, Engineering, and Mathematics (STEM) education industry. Since their establishment, they have made an indelible mark by providing innovative services and products designed to enhance STEM learning. Their service portfolio includes comprehensive educational programs, customized learning modules and interactive STEM kits. Driven by a passion for nurturing young minds, the company's mission is to bring about an educational renaissance in the STEM field, making learning not just theoretical but practical and fun. One notable achievement for STEM Xpert has been its success in reaching a broad spectrum of learners, from school-age to adults, contributing significantly towards empowering the community's technological and scientific literacy.
Industry
Recruiting and staffing services
Company size
51 - 200 Employees
Headquarters location
Ann Arbor, MI, US
Year founded
2012