Business & Finance Bear, DE Pop. 21,000

Insurance Underwriter Salary in Bear, Delaware

The median insurance underwriter salary in Bear, DE is $80,974 per year, which is 4.0% above the national median and 1.9% below the Delaware state average.

City Median
$80,974
vs State Avg
$-1,558
vs National
+$3,114
Cost of Living
99%

Insurance Underwriter Salary in Bear by Experience

In Bear, an entry-level insurance underwriter earns around $52,000, while experienced professionals earn up to $119,600 per year. The local cost of living index is 99% of the national average.

Entry Level (0-2 yrs)
$52,000
+$2,000 vs national
Mid Level (3-7 yrs)
$81,120
+$3,120 vs national
Senior Level (8+ yrs)
$119,600
+$4,600 vs national

Salary Percentiles in Bear, DE

Percentile Bear
10th Percentile $50,544
25th Percentile $63,648
Median (50th) $80,974
75th Percentile $104,000
90th Percentile $131,456

Insurance Underwriter Salary in Other Delaware Cities

Wilmington, DE
$85,646
Pop. 70,898
Newark, DE
$83,310
Pop. 33,398
Middletown, DE
$80,196
Pop. 22,350
Dover, DE
$78,639
Pop. 39,403

How to Become a Insurance Underwriter in Bear

Education

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

Find Insurance Underwriter Jobs in Bear

Browse open insurance underwriter positions in Bear, DE:

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Frequently Asked Questions: Insurance Underwriter Salary in Bear

How much does a Insurance Underwriter make in Bear, DE? ▼
The median insurance underwriter salary in Bear, Delaware is $80,974 per year, which is 4.0% above the national median of $77,860. Salaries range from $50,544 (10th percentile) to $131,456 (90th percentile).
How much does a Insurance Underwriter make per hour in Bear? ▼
Based on the median annual salary of $80,974, a insurance underwriter in Bear earns approximately $39 per hour assuming a standard 2,080-hour work year.
How does Bear compare to the Delaware state average for insurance underwriter pay? ▼
Bear's median insurance underwriter salary of $80,974 is 1.9% below the Delaware state average of $82,532. The local cost of living index is 99% of the national average.
What is the cost of living in Bear, DE? ▼
Bear has a cost of living index of 99% compared to the national average. This means a insurance underwriter salary of $80,974 in Bear has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Bear? ▼
Most insurance underwriter positions in Bear 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.