Business & Finance Springdale, AR Pop. 80,433

Insurance Underwriter Salary in Springdale, Arkansas

The median insurance underwriter salary in Springdale, AR is $65,402 per year, which is 16% below the national median and 0.0% above the Arkansas state average.

City Median
$65,402
vs State Avg
+$0
vs National
$-12,458
Cost of Living
84%

Insurance Underwriter Salary in Springdale by Experience

In Springdale, an entry-level insurance underwriter earns around $42,000, while experienced professionals earn up to $96,600 per year. The local cost of living index 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 Springdale, AR

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

Insurance Underwriter Salary in Other Arkansas Cities

How to Become a Insurance Underwriter in Springdale

Education

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

Find Insurance Underwriter Jobs in Springdale

Browse open insurance underwriter positions in Springdale, AR:

Frequently Asked Questions: Insurance Underwriter Salary in Springdale

How much does a Insurance Underwriter make in Springdale, AR?
The median insurance underwriter salary in Springdale, Arkansas is $65,402 per year, which is 16% below the national median of $77,860. Salaries range from $40,824 (10th percentile) to $106,176 (90th percentile).
How much does a Insurance Underwriter make per hour in Springdale?
Based on the median annual salary of $65,402, a insurance underwriter in Springdale earns approximately $31 per hour assuming a standard 2,080-hour work year.
How does Springdale compare to the Arkansas state average for insurance underwriter pay?
Springdale's median insurance underwriter salary of $65,402 is 0.0% above the Arkansas state average of $65,402. The local cost of living index is 84% of the national average.
What is the cost of living in Springdale, AR?
Springdale has a cost of living index of 84% compared to the national average. This means a insurance underwriter salary of $65,402 in Springdale has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Springdale?
Most insurance underwriter positions in Springdale 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.