Business & Finance Miami, FL
Pop. 442,241
Insurance Underwriter Salary in Miami, Florida
The median insurance underwriter salary in Miami, FL is $91,875 per year, which is 18.0% above the national median and 20.4% above the Florida state average.
City Median
$91,875
vs State Avg
+$15,572
vs National
+$14,015
Cost of Living
118%
Insurance Underwriter Salary in Miami by Experience
In Miami, an entry-level insurance underwriter earns around $59,000, while experienced professionals earn up to $135,700 per year. The local cost of living index is 118% of the national average.
Entry Level (0-2 yrs)
$59,000
+$9,000 vs national
Mid Level (3-7 yrs)
$92,040
+$14,040 vs national
Senior Level (8+ yrs)
$135,700
+$20,700 vs national
Salary Percentiles in Miami, FL
| Percentile | Miami |
|---|---|
| 10th Percentile | $57,348 |
| 25th Percentile | $72,216 |
| Median (50th) | $91,875 |
| 75th Percentile | $118,000 |
| 90th Percentile | $149,152 |
Insurance Underwriter Salary in Other Florida Cities
How to Become a Insurance Underwriter in Miami
Education
Most insurance underwriter positions require a bachelor's degree. Miami and the surrounding Florida 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 Miami may vary based on local industry and population growth.