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.

Find Insurance Underwriter Jobs in Dover

Browse open insurance underwriter positions in Dover, DE:

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Frequently Asked Questions: Insurance Underwriter Salary in Dover

How much does a Insurance Underwriter make in Dover, DE? ▼
The median insurance underwriter salary in Dover, Delaware is $78,639 per year, which is 1.0% above the national median of $77,860. Salaries range from $49,086 (10th percentile) to $127,664 (90th percentile).
How much does a Insurance Underwriter make per hour in Dover? ▼
Based on the median annual salary of $78,639, a insurance underwriter in Dover earns approximately $38 per hour assuming a standard 2,080-hour work year.
How does Dover compare to the Delaware state average for insurance underwriter pay? ▼
Dover's median insurance underwriter salary of $78,639 is 4.7% below the Delaware state average of $82,532. The local cost of living index is 96% of the national average.
What is the cost of living in Dover, DE? ▼
Dover has a cost of living index of 96% compared to the national average. This means a insurance underwriter salary of $78,639 in Dover has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Dover? ▼
Most insurance underwriter positions in Dover 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.