Insurance Underwriter Salary in Fairbanks, Alaska
The median insurance underwriter salary in Fairbanks, AK is $101,218 per year, which is 30.0% above the national median and 4.8% above the Alaska state average.
Insurance Underwriter Salary in Fairbanks by Experience
In Fairbanks, an entry-level insurance underwriter earns around $65,000, while experienced professionals earn up to $149,500 per year. The local cost of living index is 130% of the national average.
Salary Percentiles in Fairbanks, AK
| Percentile | Fairbanks |
|---|---|
| 10th Percentile | $63,180 |
| 25th Percentile | $79,560 |
| Median (50th) | $101,218 |
| 75th Percentile | $130,000 |
| 90th Percentile | $164,320 |
Insurance Underwriter Salary in Other Alaska Cities
How to Become a Insurance Underwriter in Fairbanks
Education
Most insurance underwriter positions require a bachelor's degree. Fairbanks and the surrounding Alaska area have institutions offering relevant programs.
Key Skills
Job Outlook
Nationally, insurance underwriter employment is projected to grow -2% over the next decade (decline). Demand in Fairbanks may vary based on local industry and population growth.