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

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.

Wilmington, DE
$85,646
Pop. 70,898 · COL 105%
Dover, DE
$78,639
Pop. 39,403 · COL 96%
Newark, DE
$83,310
Pop. 33,398 · COL 102%
Middletown, DE
$80,196
Pop. 22,350 · COL 98%
Bear, DE
$80,974
Pop. 21,000 · COL 99%

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.