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

Honolulu, HI
$136,255
Pop. 350,964
Kailua, HI
$132,362
Pop. 38,635
Pearl City, HI
$130,805
Pop. 47,698
Waipahu, HI
$126,133
Pop. 38,216

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.

Find Insurance Underwriter Jobs in Hilo

Browse open insurance underwriter positions in Hilo, HI:

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Frequently Asked Questions: Insurance Underwriter Salary in Hilo

How much does a Insurance Underwriter make in Hilo, HI? ▼
The median insurance underwriter salary in Hilo, Hawaii is $118,347 per year, which is 52.0% above the national median of $77,860. Salaries range from $73,872 (10th percentile) to $192,128 (90th percentile).
How much does a Insurance Underwriter make per hour in Hilo? ▼
Based on the median annual salary of $118,347, a insurance underwriter in Hilo earns approximately $57 per hour assuming a standard 2,080-hour work year.
How does Hilo compare to the Hawaii state average for insurance underwriter pay? ▼
Hilo's median insurance underwriter salary of $118,347 is 10.6% below the Hawaii state average of $132,362. The local cost of living index is 152% of the national average.
What is the cost of living in Hilo, HI? ▼
Hilo has a cost of living index of 152% compared to the national average. This means a insurance underwriter salary of $118,347 in Hilo has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Hilo? ▼
Most insurance underwriter positions in Hilo 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.