Business & Finance Fort Smith, AR Pop. 89,142

Insurance Underwriter Salary in Fort Smith, Arkansas

The median insurance underwriter salary in Fort Smith, AR is $62,288 per year, which is 20% below the national median and 4.8% below the Arkansas state average.

City Median
$62,288
vs State Avg
$-3,114
vs National
$-15,572
Cost of Living
80%

Insurance Underwriter Salary in Fort Smith by Experience

In Fort Smith, an entry-level insurance underwriter earns around $40,000, while experienced professionals earn up to $92,000 per year. The local cost of living index is 80% of the national average.

Entry Level (0-2 yrs)
$40,000
$-10,000 vs national
Mid Level (3-7 yrs)
$62,400
$-15,600 vs national
Senior Level (8+ yrs)
$92,000
$-23,000 vs national

Salary Percentiles in Fort Smith, AR

Percentile Fort Smith
10th Percentile $38,880
25th Percentile $48,960
Median (50th) $62,288
75th Percentile $80,000
90th Percentile $101,120

Insurance Underwriter Salary in Other Arkansas Cities

How to Become a Insurance Underwriter in Fort Smith

Education

Most insurance underwriter positions require a bachelor's degree. Fort Smith 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 Fort Smith may vary based on local industry and population growth.