Business & Finance Anchorage, AK Pop. 291,247

Insurance Underwriter Salary in Anchorage, Alaska

The median insurance underwriter salary in Anchorage, AK is $98,104 per year, which is 26.0% above the national median and 1.6% above the Alaska state average.

City Median
$98,104
vs State Avg
+$1,558
vs National
+$20,244
Cost of Living
126%

Insurance Underwriter Salary in Anchorage by Experience

In Anchorage, an entry-level insurance underwriter earns around $63,000, while experienced professionals earn up to $144,900 per year. The local cost of living index is 126% of the national average.

Entry Level (0-2 yrs)
$63,000
+$13,000 vs national
Mid Level (3-7 yrs)
$98,280
+$20,280 vs national
Senior Level (8+ yrs)
$144,900
+$29,900 vs national

Salary Percentiles in Anchorage, AK

Percentile Anchorage
10th Percentile $61,236
25th Percentile $77,112
Median (50th) $98,104
75th Percentile $126,000
90th Percentile $159,264

Insurance Underwriter Salary in Other Alaska Cities

How to Become a Insurance Underwriter in Anchorage

Education

Most insurance underwriter positions require a bachelor's degree. Anchorage and the surrounding Alaska 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 Anchorage may vary based on local industry and population growth.