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

Little Rock, AR
$67,738
Pop. 202,591
Springdale, AR
$65,402
Pop. 80,433
Jonesboro, AR
$63,845
Pop. 78,576
Fort Smith, AR
$62,288
Pop. 89,142

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.

Find Insurance Underwriter Jobs in Fayetteville

Browse open insurance underwriter positions in Fayetteville, AR:

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Frequently Asked Questions: Insurance Underwriter Salary in Fayetteville

How much does a Insurance Underwriter make in Fayetteville, AR? ▼
The median insurance underwriter salary in Fayetteville, Arkansas is $68,517 per year, which is 12% below the national median of $77,860. Salaries range from $42,768 (10th percentile) to $111,232 (90th percentile).
How much does a Insurance Underwriter make per hour in Fayetteville? ▼
Based on the median annual salary of $68,517, a insurance underwriter in Fayetteville earns approximately $33 per hour assuming a standard 2,080-hour work year.
How does Fayetteville compare to the Arkansas state average for insurance underwriter pay? ▼
Fayetteville's median insurance underwriter salary of $68,517 is 4.8% above the Arkansas state average of $65,402. The local cost of living index is 88% of the national average.
What is the cost of living in Fayetteville, AR? ▼
Fayetteville has a cost of living index of 88% compared to the national average. This means a insurance underwriter salary of $68,517 in Fayetteville has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Fayetteville? ▼
Most insurance underwriter positions in Fayetteville 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.