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Salary Information for a Underwriter in Dallas, TX

Median salary:

This data reflects Total Cash for a Level 5 Underwriter at a mid-size company. To get more detailed information on total compensation for the role of Underwriter in Dallas, TX, including base pay, total cash, and equity by job level, region and company size, please join OpenComp.

25th percentile
50th percentile
75th percentile

Behind the numbers

What is the adjusted total comp for a Underwriter in Dallas, TX?

Total Comp (TC)
Cost of Living (COL) Index
COL-Adjusted TC
Median Home Price

66.3

Total Comp (TC)

Cost of Living (COL) Index
66.3
COL-Adjusted TC

Median Home Price

What are the responsibilities of an Underwriter in Dallas, TX?

As an underwriter, it is your responsibility to assess and evaluate risks associated with insurance policies and ensure that they are in compliance with company standards and regulatory requirements. You must also analyze financial data to determine the appropriate premium rates and coverage terms for each policyholder. Additionally, you must maintain accurate records and communicate effectively with agents, brokers, and policyholders to provide excellent customer service.

What are the characteristics of a level 5 Underwriter?

A level 5 Underwriter in Dallas, TX possesses a wide range of experience, and is looked to as a thought leader. Their work affects design, quality and timeline of entire product or service. Average experience 11 years.

Underwriter

Benchmark Role

Individual Contributor

Job Type

Underwriting

Job Family

Business

Job Area

Quality of Life Assessment for a Dallas Resident Earning $136,510 Annually

Overview

Dallas, Texas, is a bustling metropolitan area known for its economic opportunities, cultural institutions, and diverse communities. An individual earning $136,510 per year in Dallas can expect a comfortable lifestyle, but this depends on various factors, including living costs, the housing market, healthcare access, and educational quality.

Cost of Living

  • General Insights:

    • The cost of living in Dallas is slightly above the national average. However, it remains more affordable than other major metropolitan areas like New York or San Francisco.
    • Consumer prices, including groceries and dining, tend to be moderate, making day-to-day expenses manageable.
  • Transportation Costs:

    • Dallas offers an extensive highway system, public transportation options like DART rail, and a generally car-dependent infrastructure.
    • Fuel and maintenance costs for personal vehicles can add to expenses.

Housing Market

  • Home Prices:

    • The median home price in Dallas is higher than the national median but relatively lower than other large cities.
    • Homebuyers earning $136,510 per year can typically afford a modest to a mid-range house in the market with appropriate budgeting.
  • Rental Market:

    • Renting in Dallas also presents viable options, with rents being reasonable compared to other significant urban centers.

Quality of Life

  • Employment Opportunities:

    • Dallas is a key economic hub with opportunities in technology, finance, healthcare, and transportation industries.
    • Competitive job market with a good salary potential comparable to the income level mentioned.
  • Cultural and Recreational Activities:

    • Vibrant arts scene with museums, theaters, and music venues.
    • Abundant parks and outdoor activities provide a high-quality lifestyle for nature enthusiasts.

Access to Healthcare

  • Healthcare Facilities:

    • Dallas boasts advanced healthcare facilities with numerous hospitals and specialized clinics.
    • The cost of healthcare services may be higher than the national average, but employer-provided insurance often offsets this.
  • Healthcare Quality:

    • High standards of medical care and extensive availability of professional medical experts.

Quality of K-12 Schools

  • Public Education:

    • Dallas has a mix of both high-performing and underperforming schools, with notable variability between different districts.
    • Independent school districts offer various educational programs and extracurricular activities.
  • **Private and Charter

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OpenComp aggregates multiple data sources to provide accurate salary data for Dallas, TX, specifically for a Level 5 Underwriter. The primary source is real-time, crowd-sourced salary information collected through direct integrations with hundreds of customer-connected HRIS platforms.

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