Business & Finance Fayetteville, AR Pop. 93,949

Insurance Underwriter Salary in Fayetteville, Arkansas

The median insurance underwriter salary in Fayetteville, AR is $68,517 per year, which is 12% below the national median and 4.8% above the Arkansas state average.

City Median
$68,517
vs State Avg
+$3,115
vs National
$-9,343
Cost of Living
88%

Insurance Underwriter Salary in Fayetteville by Experience

In Fayetteville, an entry-level insurance underwriter earns around $44,000, while experienced professionals earn up to $101,200 per year. The local cost of living index is 88% of the national average.

Entry Level (0-2 yrs)
$44,000
$-6,000 vs national
Mid Level (3-7 yrs)
$68,640
$-9,360 vs national
Senior Level (8+ yrs)
$101,200
$-13,800 vs national

Salary Percentiles in Fayetteville, AR

Percentile Fayetteville
10th Percentile $42,768
25th Percentile $53,856
Median (50th) $68,517
75th Percentile $88,000
90th Percentile $111,232

Insurance Underwriter Salary in Other Arkansas Cities

How to Become a Insurance Underwriter in Fayetteville

Education

Most insurance underwriter positions require a bachelor's degree. Fayetteville and the surrounding Arkansas 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 Fayetteville may vary based on local industry and population growth.