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

Juneau, AK
$105,111
Pop. 32,255
Sitka, AK
$102,775
Pop. 8,458
Fairbanks, AK
$101,218
Pop. 32,325
Wasilla, AK
$91,875
Pop. 12,000

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.

Find Insurance Underwriter Jobs in Anchorage

Browse open insurance underwriter positions in Anchorage, AK:

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Frequently Asked Questions: Insurance Underwriter Salary in Anchorage

How much does a Insurance Underwriter make in Anchorage, AK? ▼
The median insurance underwriter salary in Anchorage, Alaska is $98,104 per year, which is 26.0% above the national median of $77,860. Salaries range from $61,236 (10th percentile) to $159,264 (90th percentile).
How much does a Insurance Underwriter make per hour in Anchorage? ▼
Based on the median annual salary of $98,104, a insurance underwriter in Anchorage earns approximately $47 per hour assuming a standard 2,080-hour work year.
How does Anchorage compare to the Alaska state average for insurance underwriter pay? ▼
Anchorage's median insurance underwriter salary of $98,104 is 1.6% above the Alaska state average of $96,546. The local cost of living index is 126% of the national average.
What is the cost of living in Anchorage, AK? ▼
Anchorage has a cost of living index of 126% compared to the national average. This means a insurance underwriter salary of $98,104 in Anchorage has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Anchorage? ▼
Most insurance underwriter positions in Anchorage 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.