Business & Finance Wilmington, DE Pop. 70,898

Insurance Underwriter Salary in Wilmington, Delaware

The median insurance underwriter salary in Wilmington, DE is $85,646 per year, which is 10.0% above the national median and 3.8% above the Delaware state average.

City Median
$85,646
vs State Avg
+$3,114
vs National
+$7,786
Cost of Living
105%

Insurance Underwriter Pay in Wilmington: What to Expect (2026)

Wilmington offers a median insurance underwriter salary of $85,646, which is $3,114 above the Delaware state average of $82,532. Compared to the national median of $77,860, Wilmington pays above average for this role.

Wilmington's cost of living is 105% of the national average, meaning salary figures here closely reflect actual purchasing power. This makes direct comparisons to other cities straightforward.

The salary range for insurance underwriters in Wilmington spans from $53,460 at the 10th percentile to $139,040 at the 90th percentile — a $85,580 spread. Entry-level professionals start around $55,000, while senior insurance underwriters with 8+ years of experience can earn up to $126,500. Wilmington is a smaller market (pop. 70,898), which may mean fewer openings but also less competition for available positions.

Insurance Underwriter Salary in Wilmington by Experience

In Wilmington, an entry-level insurance underwriter earns around $55,000, while experienced professionals earn up to $126,500 per year. The local cost of living index is 105% of the national average.

Entry Level (0-2 yrs)
$55,000
+$5,000 vs national
Mid Level (3-7 yrs)
$85,800
+$7,800 vs national
Senior Level (8+ yrs)
$126,500
+$11,500 vs national

Salary Percentiles in Wilmington, DE

Percentile Wilmington
10th Percentile $53,460
25th Percentile $67,320
Median (50th) $85,646
75th Percentile $110,000
90th Percentile $139,040

Insurance Underwriter Salary in Other Delaware Cities

Newark, DE
$83,310
Pop. 33,398
Bear, DE
$80,974
Pop. 21,000
Middletown, DE
$80,196
Pop. 22,350
Dover, DE
$78,639
Pop. 39,403

How to Become a Insurance Underwriter in Wilmington

Education

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

Find Insurance Underwriter Jobs in Wilmington

Browse open insurance underwriter positions in Wilmington, DE:

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Frequently Asked Questions: Insurance Underwriter Salary in Wilmington

How much does a Insurance Underwriter make in Wilmington, DE? ▼
The median insurance underwriter salary in Wilmington, Delaware is $85,646 per year, which is 10.0% above the national median of $77,860. Salaries range from $53,460 (10th percentile) to $139,040 (90th percentile).
How much does a Insurance Underwriter make per hour in Wilmington? ▼
Based on the median annual salary of $85,646, a insurance underwriter in Wilmington earns approximately $41 per hour assuming a standard 2,080-hour work year.
How does Wilmington compare to the Delaware state average for insurance underwriter pay? ▼
Wilmington's median insurance underwriter salary of $85,646 is 3.8% above the Delaware state average of $82,532. The local cost of living index is 105% of the national average.
What is the cost of living in Wilmington, DE? ▼
Wilmington has a cost of living index of 105% compared to the national average. This means a insurance underwriter salary of $85,646 in Wilmington has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Wilmington? ▼
Most insurance underwriter positions in Wilmington 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.