They collaborate with cross-functional teams--including product, underwriting, claims, and loss ... Starting salary and job level (Actuarial Analyst/Sr. Actuarial Analyst/Principal Actuary) will be ...
They collaborate with cross-functional teams--including product, underwriting, claims, and loss ... Starting salary and job level (Actuarial Analyst/Sr. Actuarial Analyst/Principal Actuary) will be ...
UX Designer
Bloomington, IL · On-site
Senior Product Experience Designer (Enterprise UX) Overview / Summary We are seeking hands-on ... In this role, you will help modernize internal experiences used by underwriters, call center ...
UX Designer
Bloomington, IL · On-site
Senior Product Experience Designer (Enterprise UX) Overview / Summary We are seeking hands-on ... In this role, you will help modernize internal experiences used by underwriters, call center ...
Insurance Advisor
Normal, IL · On-site
$79K - $99K/yr
Role Summary As an Insurance Advisor, you are a senior frontline representative of the Rivian ... Deep knowledge of P&C products, underwriting guidelines across multiple carriers, and the ability ...
Insurance Advisor
Normal, IL · On-site
$79K - $99K/yr
Role Summary As an Insurance Advisor, you are a senior frontline representative of the Rivian ... Deep knowledge of P&C products, underwriting guidelines across multiple carriers, and the ability ...
Insurance Advisor
Normal, IL · On-site
$79K - $99K/yr
Senior Sales Execution: Lead the charge in converting high-intent inbound inquiries into active P&C ... Deep knowledge of P&C products, underwriting guidelines across multiple carriers, and the ability ...
Insurance Advisor
Normal, IL · On-site
$79K - $99K/yr
Senior Sales Execution: Lead the charge in converting high-intent inbound inquiries into active P&C ... Deep knowledge of P&C products, underwriting guidelines across multiple carriers, and the ability ...
P/C Senior Actuary
$110K - $151K/yr
... underwriting, pricing, risk management, carried reserves and/or profitability. May direct simple to complex actuarial projects simultaneously, cross-functionally, as well as aspects of very broad ...
P/C Senior Actuary
$110K - $151K/yr
... underwriting, pricing, risk management, carried reserves and/or profitability. May direct simple to complex actuarial projects simultaneously, cross-functionally, as well as aspects of very broad ...
P/C Senior Actuary
Bloomington, IL · On-site
$110K - $151K/yr
... underwriting, pricing, risk management, carried reserves and/or profitability. May direct simple to complex actuarial projects simultaneously, cross-functionally, as well as aspects of very broad ...
P/C Senior Actuary
Bloomington, IL · On-site
$110K - $151K/yr
... underwriting, pricing, risk management, carried reserves and/or profitability. May direct simple to complex actuarial projects simultaneously, cross-functionally, as well as aspects of very broad ...
Closing Coordinator
Bloomington, IL · Hybrid
Collects documents and ensures appropriate due diligence is completed to confirm all underwriting ... Our job titles may span more than one career level (associate, senior, principal, etc.). The actual ...
Closing Coordinator
Bloomington, IL · Hybrid
Collects documents and ensures appropriate due diligence is completed to confirm all underwriting ... Our job titles may span more than one career level (associate, senior, principal, etc.). The actual ...
Ventures Analyst
Bloomington, IL · Hybrid
... senior stakeholders. Research, Analytics & Investment Evaluation * Conduct market research ... underwriting, fraud, customer experience, and emerging enterprise technologies. Strategic ...
Ventures Analyst
Bloomington, IL · Hybrid
... senior stakeholders. Research, Analytics & Investment Evaluation * Conduct market research ... underwriting, fraud, customer experience, and emerging enterprise technologies. Strategic ...
Ventures Analyst
Bloomington, IL · On-site
... senior stakeholders. Research, Analytics & Investment Evaluation * Conduct market research ... underwriting, fraud, customer experience, and emerging enterprise technologies. Strategic ...
Ventures Analyst
Bloomington, IL · On-site
... senior stakeholders. Research, Analytics & Investment Evaluation * Conduct market research ... underwriting, fraud, customer experience, and emerging enterprise technologies. Strategic ...
Closing Coordinator
Bloomington, IL · Hybrid
$47K - $66K/yr
Collects documents and ensures appropriate due diligence is completed to confirm all underwriting ... Our job titles may span more than one career level (associate, senior, principal, etc.). The actual ...
Quick apply
Closing Coordinator
Bloomington, IL · Hybrid
$47K - $66K/yr
Collects documents and ensures appropriate due diligence is completed to confirm all underwriting ... Our job titles may span more than one career level (associate, senior, principal, etc.). The actual ...
Pega Developer
$50 - $65/hr
... Underwriting team in Enterprise Technology Life area. This will be a new addition to the team to ... They need to have a strong Pega developer with Pega Skills, Rest API and Pega Senior Systems ...
Pega Developer
$50 - $65/hr
... Underwriting team in Enterprise Technology Life area. This will be a new addition to the team to ... They need to have a strong Pega developer with Pega Skills, Rest API and Pega Senior Systems ...
Closing Coordinator
Bloomington, IL · On-site
$47K - $66K/yr
Collects documents and ensures appropriate due diligence is completed to confirm all underwriting ... Our job titles may span more than one career level (associate, senior, principal, etc.). The actual ...
Closing Coordinator
Bloomington, IL · On-site
$47K - $66K/yr
Collects documents and ensures appropriate due diligence is completed to confirm all underwriting ... Our job titles may span more than one career level (associate, senior, principal, etc.). The actual ...
Senior Underwriter information
See Normal, IL salary details
$36.2K - $44.7K
1% of jobs
$44.7K - $53.3K
0% of jobs
$53.3K - $61.9K
1% of jobs
$61.9K - $70.5K
2% of jobs
$70.5K - $79.1K
5% of jobs
$79.1K - $87.6K
4% of jobs
$87.6K - $96.2K
5% of jobs
$98.7K is the 25th percentile. Wages below this are outliers.
$96.2K - $104.8K
19% of jobs
$104.8K - $113.4K
10% of jobs
The median wage is $113.6K / yr.
$113.4K - $121.9K
51% of jobs
$121.9K - $130.5K
1% of jobs
$36.2K
$104.2K
$130.5K
How much do senior underwriter jobs pay per year?
What does a senior underwriter do?
How much do senior underwriters make in the US?
What are some common challenges senior underwriters face when assessing complex risk profiles?
What is the difference between Senior Underwriter vs Underwriter?
| Aspect | Senior Underwriter | Underwriter |
|---|---|---|
| Credentials | Typically requires 5+ years of experience, relevant certifications (e.g., CPCU, ARM) | Entry to mid-level experience, often with similar certifications or on-the-job training |
| Work Environment | Senior-level decision-making, mentorship, complex risk assessment | Performing standard risk evaluations, supporting senior staff |
| Industry Usage | Used across insurance sectors like property, casualty, health | Commonly used in same sectors, often as entry or mid-level roles |
Senior Underwriters typically have more experience, handle complex cases, and mentor junior staff, whereas Underwriters focus on standard risk assessments and supporting senior team members. Both roles are essential in the insurance industry, with the senior position requiring advanced credentials and experience.
What does a senior underwriter do?
As a senior underwriter, your responsibilities are to oversee the insurance or loan application process at an insurance company or financial institution. Your duties include deciding when to offer a policy, assessing the risk of a potential customer, and ensuring the company has adequate funds to finance each claim an account makes (whether that is paying out insurance claims or extending a line of credit). Senior underwriters often consider whether it is appropriate to offer a loan, coordinate with a bank on complex customer issues, proactively search for ways to reduce the risk of future claims, and participate in strategy meetings with staff. A significant amount of underwriting is automated, so you typically focus on cases that are too complex to be evaluated by existing algorithms.
How much do senior underwriters earn?
Do senior underwriters make a lot of money?

Full-time
Medical, Dental, Vision, Retirement
This job post has expired today. Applications are no longer accepted.
State Farm rating
7.4
Based on 1,543 frontline employees who took The Breakroom Quiz
224th of 301 rated insurance
Job description
Being good neighbors – helping people, investing in our communities, and making the world a better place – is who we are at State Farm. It is at the core of how we operate and the reason for our success. We're moving with urgency to become a Next Gen Good Neighbor, with technology that strengthens human connections and enhances the customer experience. As an employee, you'll spend less time navigating systems and more time applying judgment, empathy, and expertise in the moments that matter most.
Office Location(s): Bloomington, IL; Dunwoody, GA; Richardson, TX; Tempe, AZ
Hybrid Work Arrangement: A "Hybrid" position means selected candidates will be assigned to a facility and will spend some time working both in office and from their home. In this position, you should plan to spend time working in the office a minimum of 2 days per week currently and moving to 3 days per week in 2027. Associates are expected to be able to travel to and from your assigned office location as part of a hybrid work arrangement. Work arrangements could change over time based on business need. Your leadership will share additional information regarding your department’s approach and what it means for you.
*****Applicants are required to be eligible to lawfully work in the U.S. immediately; employer will not sponsor applicants for U.S. work authorization (e.g. H-1B visa) for this opportunity*****
Responsibilities
As a member of the Property and Casualty Actuarial community you will be challenged and empowered to grow personally and professionally. We are dedicated to helping each of our associates develop to their full potential.
To enable our associates to grow, P&C Actuarial offers a competitive Exam Support program for associates pursuing their actuarial designations.
Our Sharing Economy team is responsible for adapting to changing consumer preferences and emerging trends in the transportation of both people and goods and the impacts of those trends on our customers’ insurance needs. They collaborate with cross-functional teams—including product, underwriting, claims, and loss reserve teams to translate platform data into pricing recommendations that support profitable program growth of the #1 Property and Casualty insurer in the United States. Analysts gather and reconcile data from various internal systems and external sources to support actuarial analyses. They assist in building and maintaining tools that drive in-depth loss analysis, actuarial indication, and trend monitoring.
Qualifications
We Are Looking for Candidates With:
- A minimum of 2 years of experience working with or for a gig or sharing economy company.
- Bachelor’s degree in Actuarial Science, Math, Statistics, Data Science, Computer Science, Information Management or other analytical fields.
- Experience with data and statistical analysis in Excel, SQL, R, and/or Python
- Strong communication, interpersonal, organization, leadership, problem-solving and critical thinking skills
- Successful completion of at least three Society of Actuaries or Casualty Actuarial Society exams required. ACAS designation preferred.
- Intention to earn, or maintain the Continuing Education requirements of, the ACAS/FCAS designation.
Candidates selected will be placed into a job level based on overall competitiveness considering work history, educational background, industry knowledge, and ACAS/FCAS exam progress.
*****Applicants are required to be eligible to lawfully work in the U.S. immediately; employer will not sponsor applicants for U.S. work authorization (e.g. H-1B visa) for this opportunity*****
Our Benefits
Because work-life balance is a priority at State Farm, compensation is based on our standard 38:45-hour work week!
- Potential starting salary range: $105,000 - $149,000
- Starting salary and job level (Actuarial Analyst/Sr. Actuarial Analyst/Principal Actuary) will be based on skills, background, CAS exams passed, and relevant experience.
- High end of the range limited to applicants with significant relevant experience
- Actuarial Exam Support/reimbursements and salary increases for passed exams
- Potential yearly incentive pay up to 15% of base salary
- Incentives for successful completion of industry exams (ACAS and FCAS)
At State Farm, we offer more than just a paycheck. Check out our suite of benefits designed to give you the flexibility you need to take care of you and your family!
- Get Paid! On top of our competitive pay, you are eligible for an annual raise and bonus.
- Stay Well! Focus on you and your family’s health with our robust health and wellbeing programs. State Farm pays most of your healthcare premium, and we offer multiple healthcare plan options, including a high deductible plan. All medical plans provide 100% coverage for in-network preventative care, AND you and your family have access to vision, dental, telemedicine, 24/7 mental health professionals, and much more!
- Develop and Grow! Take advantage of educational benefits like industry leading training programs, top-notch tuition assistance programs, employee resource groups, and mentoring.
- Plan Ahead! Plan for those big moments in life with benefits like fertility/IVF/adoption assistance, college coaching, national discount programs, interactive monthly financial workshops, free financial coaching, and more. You can also start a savings account or consider financing through our State Farm Federal Credit Union!
- Take a Little “You” Time! You will have access to our generous time off policies designed so you can plan around holidays, family events, volunteering, or just to take a relaxing day off. With the opportunity to initially earn up to 20 days annually plus parental leave, paid holidays, celebration day, life leave (40 hours/year), bereavement leave, and community service/education support days, there will be plenty of time for you!
- Give Back! We offer several ways to give back through our Matching Gift Program, Good Neighbor Grant Program, and the Employee Assistance Fund.
- Finish Strong! Plan for retirement using free financial advisors and a 401(k) plan with company contributions of up to 7% of your salary.
Visit our State Farm Careers page for more information on our benefits, locations, and the hiring process of joining the State Farm team!
Qualifications:We Are Looking for Candidates With:
- A minimum of 2 years of experience working with or for a gig or sharing economy company.
- Bachelor’s degree in Actuarial Science, Math, Statistics, Data Science, Computer Science, Information Management or other analytical fields.
- Experience with data and statistical analysis in Excel, SQL, R, and/or Python
- Strong communication, interpersonal, organization, leadership, problem-solving and critical thinking skills
- Successful completion of at least three Society of Actuaries or Casualty Actuarial Society exams required. ACAS designation preferred.
- Intention to earn, or maintain the Continuing Education requirements of, the ACAS/FCAS designation.
Candidates selected will be placed into a job level based on overall competitiveness considering work history, educational background, industry knowledge, and ACAS/FCAS exam progress.
*****Applicants are required to be eligible to lawfully work in the U.S. immediately; employer will not sponsor applicants for U.S. work authorization (e.g. H-1B visa) for this opportunity*****
Education:UNAVAILABLEEmployment Type: FULL_TIMEWhat State Farm employees say
Pay
Benefits
Hours and flexibility
Workplace
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About State Farm
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Industry
Insurance services and finance and insurance
Company size
10,000+ Employees
Headquarters location
Bloomington, IL, US