Business & Finance Tuscaloosa, AL Pop. 101,129

Insurance Underwriter Salary in Tuscaloosa, Alabama

The median insurance underwriter salary in Tuscaloosa, AL is $68,517 per year, which is 12% below the national median and 1.2% above the Alabama state average.

City Median
$68,517
vs State Avg
+$779
vs National
$-9,343
Cost of Living
88%

Insurance Underwriter Salary in Tuscaloosa by Experience

In Tuscaloosa, an entry-level insurance underwriter earns around $44,000, while experienced professionals earn up to $101,200 per year. The local cost of living index is 88% of the national average.

Entry Level (0-2 yrs)
$44,000
$-6,000 vs national
Mid Level (3-7 yrs)
$68,640
$-9,360 vs national
Senior Level (8+ yrs)
$101,200
$-13,800 vs national

Salary Percentiles in Tuscaloosa, AL

Percentile Tuscaloosa
10th Percentile $42,768
25th Percentile $53,856
Median (50th) $68,517
75th Percentile $88,000
90th Percentile $111,232

Insurance Underwriter Salary in Other Alabama Cities

How to Become a Insurance Underwriter in Tuscaloosa

Education

Most insurance underwriter positions require a bachelor's degree. Tuscaloosa and the surrounding Alabama area have institutions offering relevant programs.

Key Skills

Risk AssessmentAnalytical SkillsInsurance RegulationsUnderwriting SoftwareDecision-MakingAttention to Detail

Job Outlook

Nationally, insurance underwriter employment is projected to grow -2% over the next decade (decline). Demand in Tuscaloosa may vary based on local industry and population growth.

Find Insurance Underwriter Jobs in Tuscaloosa

Browse open insurance underwriter positions in Tuscaloosa, AL:

Frequently Asked Questions: Insurance Underwriter Salary in Tuscaloosa

How much does a Insurance Underwriter make in Tuscaloosa, AL?
The median insurance underwriter salary in Tuscaloosa, Alabama is $68,517 per year, which is 12% below the national median of $77,860. Salaries range from $42,768 (10th percentile) to $111,232 (90th percentile).
How much does a Insurance Underwriter make per hour in Tuscaloosa?
Based on the median annual salary of $68,517, a insurance underwriter in Tuscaloosa earns approximately $33 per hour assuming a standard 2,080-hour work year.
How does Tuscaloosa compare to the Alabama state average for insurance underwriter pay?
Tuscaloosa's median insurance underwriter salary of $68,517 is 1.2% above the Alabama state average of $67,738. The local cost of living index is 88% of the national average.
What is the cost of living in Tuscaloosa, AL?
Tuscaloosa has a cost of living index of 88% compared to the national average. This means a insurance underwriter salary of $68,517 in Tuscaloosa has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Tuscaloosa?
Most insurance underwriter positions in Tuscaloosa require a bachelor's degree. Key skills include Risk Assessment, Analytical Skills, Insurance Regulations, Underwriting Software. The job market is projected to grow -2% nationally over the next decade.