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 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.