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

Juneau, AK
$105,111
Pop. 32,255
Fairbanks, AK
$101,218
Pop. 32,325
Anchorage, AK
$98,104
Pop. 291,247
Wasilla, AK
$91,875
Pop. 12,000

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.

Find Insurance Underwriter Jobs in Sitka

Browse open insurance underwriter positions in Sitka, AK:

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Frequently Asked Questions: Insurance Underwriter Salary in Sitka

How much does a Insurance Underwriter make in Sitka, AK? ▼
The median insurance underwriter salary in Sitka, Alaska is $102,775 per year, which is 32.0% above the national median of $77,860. Salaries range from $64,152 (10th percentile) to $166,848 (90th percentile).
How much does a Insurance Underwriter make per hour in Sitka? ▼
Based on the median annual salary of $102,775, a insurance underwriter in Sitka earns approximately $49 per hour assuming a standard 2,080-hour work year.
How does Sitka compare to the Alaska state average for insurance underwriter pay? ▼
Sitka's median insurance underwriter salary of $102,775 is 6.5% above the Alaska state average of $96,546. The local cost of living index is 132% of the national average.
What is the cost of living in Sitka, AK? ▼
Sitka has a cost of living index of 132% compared to the national average. This means a insurance underwriter salary of $102,775 in Sitka has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Sitka? ▼
Most insurance underwriter positions in Sitka 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.