Business & Finance Sitka, AK
Pop. 8,458
Insurance Underwriter Salary in Sitka, Alaska
The median insurance underwriter salary in Sitka, AK is $102,775 per year, which is 32.0% above the national median and 6.5% above the Alaska state average.
City Median
$102,775
vs State Avg
+$6,229
vs National
+$24,915
Cost of Living
132%
Insurance Underwriter Salary in Sitka by Experience
In Sitka, an entry-level insurance underwriter earns around $66,000, while experienced professionals earn up to $151,800 per year. The local cost of living index is 132% of the national average.
Entry Level (0-2 yrs)
$66,000
+$16,000 vs national
Mid Level (3-7 yrs)
$102,960
+$24,960 vs national
Senior Level (8+ yrs)
$151,800
+$36,800 vs national
Salary Percentiles in Sitka, AK
| Percentile | Sitka |
|---|---|
| 10th Percentile | $64,152 |
| 25th Percentile | $80,784 |
| Median (50th) | $102,775 |
| 75th Percentile | $132,000 |
| 90th Percentile | $166,848 |
Insurance Underwriter Salary in Other Alaska Cities
How to Become a Insurance Underwriter in Sitka
Education
Most insurance underwriter positions require a bachelor's degree. Sitka 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 Sitka may vary based on local industry and population growth.