Business & Finance Dover, DE Pop. 39,403

Insurance Underwriter Salary in Dover, Delaware

The median insurance underwriter salary in Dover, DE is $78,639 per year, which is 1.0% above the national median and 4.7% below the Delaware state average.

City Median
$78,639
vs State Avg
$-3,893
vs National
+$779
Cost of Living
96%

Insurance Underwriter Salary in Dover by Experience

In Dover, an entry-level insurance underwriter earns around $50,500, while experienced professionals earn up to $116,150 per year. The local cost of living index is 96% of the national average.

Entry Level (0-2 yrs)
$50,500
+$500 vs national
Mid Level (3-7 yrs)
$78,780
+$780 vs national
Senior Level (8+ yrs)
$116,150
+$1,150 vs national

Salary Percentiles in Dover, DE

Percentile Dover
10th Percentile $49,086
25th Percentile $61,812
Median (50th) $78,639
75th Percentile $101,000
90th Percentile $127,664

Insurance Underwriter Salary in Other Delaware Cities

Wilmington, DE
$85,646
Pop. 70,898
Newark, DE
$83,310
Pop. 33,398
Bear, DE
$80,974
Pop. 21,000
Middletown, DE
$80,196
Pop. 22,350

How to Become a Insurance Underwriter in Dover

Education

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