Business & Finance Middletown, DE Pop. 22,350

Insurance Underwriter Salary in Middletown, Delaware

The median insurance underwriter salary in Middletown, DE is $80,196 per year, which is 3.0% above the national median and 2.8% below the Delaware state average.

City Median
$80,196
vs State Avg
$-2,336
vs National
+$2,336
Cost of Living
98%

Insurance Underwriter Salary in Middletown by Experience

In Middletown, an entry-level insurance underwriter earns around $51,500, while experienced professionals earn up to $118,450 per year. The local cost of living index is 98% of the national average.

Entry Level (0-2 yrs)
$51,500
+$1,500 vs national
Mid Level (3-7 yrs)
$80,340
+$2,340 vs national
Senior Level (8+ yrs)
$118,450
+$3,450 vs national

Salary Percentiles in Middletown, DE

Percentile Middletown
10th Percentile $50,058
25th Percentile $63,036
Median (50th) $80,196
75th Percentile $103,000
90th Percentile $130,192

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
Dover, DE
$78,639
Pop. 39,403

How to Become a Insurance Underwriter in Middletown

Education

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

Find Insurance Underwriter Jobs in Middletown

Browse open insurance underwriter positions in Middletown, DE:

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Frequently Asked Questions: Insurance Underwriter Salary in Middletown

How much does a Insurance Underwriter make in Middletown, DE? ▼
The median insurance underwriter salary in Middletown, Delaware is $80,196 per year, which is 3.0% above the national median of $77,860. Salaries range from $50,058 (10th percentile) to $130,192 (90th percentile).
How much does a Insurance Underwriter make per hour in Middletown? ▼
Based on the median annual salary of $80,196, a insurance underwriter in Middletown earns approximately $39 per hour assuming a standard 2,080-hour work year.
How does Middletown compare to the Delaware state average for insurance underwriter pay? ▼
Middletown's median insurance underwriter salary of $80,196 is 2.8% below the Delaware state average of $82,532. The local cost of living index is 98% of the national average.
What is the cost of living in Middletown, DE? ▼
Middletown has a cost of living index of 98% compared to the national average. This means a insurance underwriter salary of $80,196 in Middletown has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Middletown? ▼
Most insurance underwriter positions in Middletown 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.