Business & Finance Delaware (DE) Rank #14 of 50

Insurance Underwriter Salary in Delaware

The median insurance underwriter salary in Delaware is $82,532 per year, which is 6.0% above the national median of $77,860.

Median Salary
$82,532
vs National
+$4,672
State Rank
#14 of 50
Cost of Living
101%

Insurance Underwriter Salary in Delaware by Experience

In Delaware, an entry-level insurance underwriter earns around $53,000, while experienced professionals earn up to $121,900 per year. The cost of living index in Delaware is 101% of the national average.

Entry Level (0-2 yrs)
$53,000
+$3,000 vs national
Mid Level (3-7 yrs)
$82,680
+$4,680 vs national
Senior Level (8+ yrs)
$121,900
+$6,900 vs national

Salary Percentiles in Delaware

Percentile DE Salary
10th Percentile $51,516
25th Percentile $64,872
Median (50th) $82,532
75th Percentile $106,000
90th Percentile $133,984

Major Cities for Insurance Underwriters in Delaware

The largest employment areas for insurance underwriters in Delaware include Wilmington, Dover, Newark, and Middletown. Salaries in major metro areas may be higher due to increased demand and cost of living.

Wilmington, DE
Metro area for insurance underwriter employment
Dover, DE
Metro area for insurance underwriter employment
Newark, DE
Metro area for insurance underwriter employment
Middletown, DE
Metro area for insurance underwriter employment
Bear, DE
Metro area for insurance underwriter employment

How to Become a Insurance Underwriter in Delaware

Education

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

Key Skills

Risk AssessmentAnalytical SkillsInsurance RegulationsUnderwriting SoftwareDecision-MakingAttention to Detail

Job Outlook in Delaware

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