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.