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salary information

Salary Information for a Underwriter in Tampa, FL

Median salary:

This data reflects Total Cash for a Level 4 Underwriter at a mid-size company. To get more detailed information on total compensation for the role of Underwriter in Tampa, FL, 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 Tampa, FL?

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

69.3

Total Comp (TC)

Cost of Living (COL) Index
69.3
COL-Adjusted TC

Median Home Price

What are the responsibilities of an Underwriter in Tampa, FL?

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 4 Underwriter?

A level 4 Underwriter in Tampa, FL is an extremely seasoned professional, one who is able to solve most issues and problems and uses their skills to drive company objectives and achieve goals. Average experience 8 years.

Underwriter

Benchmark Role

Individual Contributor

Job Type

Underwriting

Job Family

Business

Job Area

Assessing Quality of Life in Tampa, FL with an Income of $98,325

Understanding the quality of life in Tampa, Florida, relative to the income of $98,325 annually, requires an examination of several factors, including cost of living, housing market, healthcare access, and education quality compared to the broader United States. Here, we delve into these aspects:

Cost of Living

  • Overall Cost: Tampa's cost of living is slightly below or at the national average, allowing individuals earning $98,325 to maintain a comfortable lifestyle.
  • Utilities and Services: Utilities—such as electricity, water, and garbage collection—are around the national average, offering reasonable expenditure levels.
  • Transportation: Public transportation options are limited, but driving costs, including gas and parking, are relatively moderate.

Housing Market

  • Home Prices: The median home price in Tampa is slightly higher than the national average, driven by the city's growth and demand, but still affordable relative to income.
  • Rent Prices: Renting is a viable option, with prices being competitive and slightly below the national average in various neighborhoods.
  • Housing Options: A range of housing options exists, from suburban homes to urban apartments, offering flexibility based on personal preferences and budget.

Quality of Life

  • Lifestyle Opportunities: Tampa offers a vibrant cultural scene, beaches, and outdoor activities, enhancing recreational options beyond work.
  • Weather: Known for its warm climate, Tampa provides an environment conducive to year-round outdoor activities, although summers can be hot and humid.

Access to Healthcare

  • Healthcare Facilities: Tampa is home to several well-regarded hospitals and healthcare facilities, ensuring access to quality medical care.
  • Healthcare Costs: Costs can be high, but with employer-sponsored insurance, they remain manageable within the annual income range.

Quality of K-12 Schools

  • Public Education: Schools in Tampa vary in performance, with many highly rated public schools providing quality education.
  • Private Education Options: There are numerous private and charter schools available for families seeking alternative education paths.

Summary

Earning $98,325 annually in Tampa, FL, allows for a good quality of life given the cost of living and housing market conditions, slightly favorable when compared to the broader United States. With access to quality healthcare facilities and diverse educational opportunities, Tampa presents a balanced environment for individuals and families looking for comfort and vibrancy

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OpenComp aggregates multiple data sources to provide accurate salary data for Tampa, FL, specifically for a Level 4 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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