Business & Finance Arkansas (AR) Rank #48 of 50

Insurance Underwriter Salary in Arkansas

The median insurance underwriter salary in Arkansas is $65,402 per year, which is 16% below the national median of $77,860.

Median Salary
$65,402
vs National
$-12,458
State Rank
#48 of 50
Cost of Living
84%

Insurance Underwriter Salary in Arkansas by Experience

In Arkansas, an entry-level insurance underwriter earns around $42,000, while experienced professionals earn up to $96,600 per year. The cost of living index in Arkansas is 84% of the national average.

Entry Level (0-2 yrs)
$42,000
$-8,000 vs national
Mid Level (3-7 yrs)
$65,520
$-12,480 vs national
Senior Level (8+ yrs)
$96,600
$-18,400 vs national

Salary Percentiles in Arkansas

Percentile AR Salary
10th Percentile $40,824
25th Percentile $51,408
Median (50th) $65,402
75th Percentile $84,000
90th Percentile $106,176

Major Cities for Insurance Underwriters in Arkansas

The largest employment areas for insurance underwriters in Arkansas include Little Rock, Fort Smith, Fayetteville, and Springdale. Salaries in major metro areas may be higher due to increased demand and cost of living.

Little Rock, AR
Metro area for insurance underwriter employment
Fort Smith, AR
Metro area for insurance underwriter employment
Fayetteville, AR
Metro area for insurance underwriter employment
Springdale, AR
Metro area for insurance underwriter employment
Jonesboro, AR
Metro area for insurance underwriter employment

How to Become a Insurance Underwriter in Arkansas

Education

Most insurance underwriter positions require a bachelor's degree. Arkansas has several accredited institutions offering relevant programs.

Key Skills

Risk AssessmentAnalytical SkillsInsurance RegulationsUnderwriting SoftwareDecision-MakingAttention to Detail

Job Outlook in Arkansas

Nationally, insurance underwriter employment is projected to grow -2% over the next decade (decline). Arkansas's demand may vary based on local industry trends.