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salary information

Salary Information for a Underwriter in Tucson, AZ

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 Tucson, AZ, 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 Tucson, AZ?

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

62.4

Total Comp (TC)

Cost of Living (COL) Index
62.4
COL-Adjusted TC

Median Home Price

What are the responsibilities of an Underwriter in Tucson, AZ?

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 Tucson, AZ 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 in Tucson, AZ on a $120,450 Salary

Cost of Living

  • Overall Cost: Tucson's cost of living index is slightly below the national average, making it relatively affordable.
  • Groceries and Necessities: Prices for groceries and everyday items are reasonable when compared to other major cities.
  • Utilities and Transportation: Utility costs are about average, while transportation costs can be slightly higher due to expanding suburban areas requiring more commuting.

Housing Market

  • Median Home Price: As of recent data, the median home price in Tucson is approximately $300,000, which is lower than the national median.
  • Affordability: A $120,450 salary comfortably allows for homeownership with manageable mortgage payments.
  • Rental Market: Rent prices are increasing but remain more affordable compared to cities like San Francisco or New York.

Quality of Life

  • Lifestyle and Recreation: Tucson offers a mix of urban and outdoor lifestyles with access to hiking, biking, and vibrant local culture.
  • Community: The city is known for its friendly community feel, with numerous local events and community-focused initiatives.

Access to Healthcare

  • Healthcare Facilities: Tucson provides a range of healthcare facilities, including major hospitals and specialty clinics.
  • Healthcare Costs: While generally aligned with national averages, some specialized services might incur higher costs.
  • Availability: Residents have access to both public and private healthcare options, ensuring a wide range of services.

Quality of K-12 Schools

  • Public Schools: The quality of public education varies, with some highly rated schools and others performing at lower levels.
  • School Ratings: There are options for charter and private schools that are well-regarded in the community.
  • Education Resources: Tucson schools are increasingly focused on enhancing STEM programs and extracurricular activities.

Summary

Living in Tucson, AZ, with a salary of $120,450 provides a comfortable lifestyle. The cost of living is manageable, with affordable housing being a significant benefit. The quality of life is enriched by access to a friendly community, diverse recreational opportunities, and solid healthcare options. While public schools vary in quality, there are ample alternatives for education, ensuring a broad choice for families. Overall, Tucson combines affordability with a rich cultural and natural environment, making it an attractive option for individuals and families alike.

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OpenComp aggregates multiple data sources to provide accurate salary data for Tucson, AZ, 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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