Business & Finance Honolulu, HI Pop. 350,964

Insurance Underwriter Salary in Honolulu, Hawaii

The median insurance underwriter salary in Honolulu, HI is $136,255 per year, which is 75.0% above the national median and 2.9% above the Hawaii state average.

City Median
$136,255
vs State Avg
+$3,893
vs National
+$58,395
Cost of Living
175%

Insurance Underwriter Salary in Honolulu by Experience

In Honolulu, an entry-level insurance underwriter earns around $87,500, while experienced professionals earn up to $201,250 per year. The local cost of living index is 175% of the national average.

Entry Level (0-2 yrs)
$87,500
+$37,500 vs national
Mid Level (3-7 yrs)
$136,500
+$58,500 vs national
Senior Level (8+ yrs)
$201,250
+$86,250 vs national

Salary Percentiles in Honolulu, HI

Percentile Honolulu
10th Percentile $85,050
25th Percentile $107,100
Median (50th) $136,255
75th Percentile $175,000
90th Percentile $221,200

Insurance Underwriter Salary in Other Hawaii Cities

How to Become a Insurance Underwriter in Honolulu

Education

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

Find Insurance Underwriter Jobs in Honolulu

Browse open insurance underwriter positions in Honolulu, HI:

Frequently Asked Questions: Insurance Underwriter Salary in Honolulu

How much does a Insurance Underwriter make in Honolulu, HI?
The median insurance underwriter salary in Honolulu, Hawaii is $136,255 per year, which is 75.0% above the national median of $77,860. Salaries range from $85,050 (10th percentile) to $221,200 (90th percentile).
How much does a Insurance Underwriter make per hour in Honolulu?
Based on the median annual salary of $136,255, a insurance underwriter in Honolulu earns approximately $66 per hour assuming a standard 2,080-hour work year.
How does Honolulu compare to the Hawaii state average for insurance underwriter pay?
Honolulu's median insurance underwriter salary of $136,255 is 2.9% above the Hawaii state average of $132,362. The local cost of living index is 175% of the national average.
What is the cost of living in Honolulu, HI?
Honolulu has a cost of living index of 175% compared to the national average. This means a insurance underwriter salary of $136,255 in Honolulu has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Honolulu?
Most insurance underwriter positions in Honolulu 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.