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 Overview in Delaware (2026)

Delaware ranks #14 out of 50 states for insurance underwriter compensation. Delaware falls in the middle of the pack for insurance underwriter pay, offering salaries near the national average. At $82,532 per year, insurance underwriters in Delaware earn $4,672 more than the national median of $77,860.

Delaware's cost of living is near the national average at 101%, meaning insurance underwriter salaries here translate closely to their face value in purchasing power.

The salary spread in Delaware is significant: insurance underwriters at the 10th percentile earn $51,516, while those at the 90th percentile bring home $133,984 — a $82,468 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Delaware for this role is Wilmington, where the median reaches $85,646.

Nationally, insurance underwriter employment is projected to grow -2% over the next decade (decline). Despite slower growth nationally, experienced insurance underwriters with in-demand specializations continue to command strong salaries.

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

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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

Insurance Underwriter Salary by City in Delaware

The largest employment areas for insurance underwriters in Delaware include Wilmington, Dover, Newark, and Middletown. Salaries vary by city based on local cost of living and demand.

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.

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Frequently Asked Questions: Insurance Underwriter Salary in Delaware

How much does a Insurance Underwriter make 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. Salaries range from $51,516 (10th percentile) to $133,984 (90th percentile).
How much does a Insurance Underwriter make per hour in Delaware? ▼
Based on the median annual salary of $82,532, a insurance underwriter in Delaware earns approximately $40 per hour assuming a standard 2,080-hour work year.
Is Delaware a good state for insurance underwriters? ▼
Delaware ranks #14 out of 50 states for insurance underwriter pay. The cost of living index is 101% of the national average. Entry-level insurance underwriters earn $53,000, while senior professionals earn $121,900.
How does Delaware compare to other states for insurance underwriter salary? ▼
The highest paying state for insurance underwriters is Hawaii at $132,362. Delaware's median of $82,532 ranks #14 nationally. Nearby-ranked states include New Hampshire ($83,310) and Rhode Island ($83,310).
What is the entry-level insurance underwriter salary in Delaware? ▼
An entry-level insurance underwriter in Delaware earns approximately $53,000 per year. With 3-7 years of experience, pay increases to around $82,680. Senior-level professionals with 8+ years earn up to $121,900.
What city in Delaware pays insurance underwriters the most? ▼
Wilmington is the highest paying city in Delaware for insurance underwriters, with a median salary of $85,646. Other cities include Dover and Newark.