Business & Finance Hilo, HI
Pop. 45,703
Insurance Underwriter Salary in Hilo, Hawaii
The median insurance underwriter salary in Hilo, HI is $118,347 per year, which is 52.0% above the national median and 10.6% below the Hawaii state average.
City Median
$118,347
vs State Avg
$-14,015
vs National
+$40,487
Cost of Living
152%
Insurance Underwriter Salary in Hilo by Experience
In Hilo, an entry-level insurance underwriter earns around $76,000, while experienced professionals earn up to $174,800 per year. The local cost of living index is 152% of the national average.
Entry Level (0-2 yrs)
$76,000
+$26,000 vs national
Mid Level (3-7 yrs)
$118,560
+$40,560 vs national
Senior Level (8+ yrs)
$174,800
+$59,800 vs national
Salary Percentiles in Hilo, HI
| Percentile | Hilo |
|---|---|
| 10th Percentile | $73,872 |
| 25th Percentile | $93,024 |
| Median (50th) | $118,347 |
| 75th Percentile | $152,000 |
| 90th Percentile | $192,128 |
Insurance Underwriter Salary in Other Hawaii Cities
How to Become a Insurance Underwriter in Hilo
Education
Most insurance underwriter positions require a bachelor's degree. Hilo and the surrounding Hawaii 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 Hilo may vary based on local industry and population growth.