Business & Finance Indiana (IN) Rank #35 of 50

Insurance Underwriter Salary in Indiana

The median insurance underwriter salary in Indiana is $70,074 per year, which is 10% below the national median of $77,860.

Median Salary
$70,074
vs National
$-7,786
State Rank
#35 of 50
Cost of Living
90%

Insurance Underwriter Salary in Indiana by Experience

In Indiana, an entry-level insurance underwriter earns around $45,000, while experienced professionals earn up to $103,500 per year. The cost of living index in Indiana is 90% of the national average.

Entry Level (0-2 yrs)
$45,000
$-5,000 vs national
Mid Level (3-7 yrs)
$70,200
$-7,800 vs national
Senior Level (8+ yrs)
$103,500
$-11,500 vs national

Salary Percentiles in Indiana

Percentile IN Salary
10th Percentile $43,740
25th Percentile $55,080
Median (50th) $70,074
75th Percentile $90,000
90th Percentile $113,760

Major Cities for Insurance Underwriters in Indiana

The largest employment areas for insurance underwriters in Indiana include Indianapolis, Fort Wayne, Evansville, and South Bend. Salaries in major metro areas may be higher due to increased demand and cost of living.

Indianapolis, IN
Metro area for insurance underwriter employment
Fort Wayne, IN
Metro area for insurance underwriter employment
Evansville, IN
Metro area for insurance underwriter employment
South Bend, IN
Metro area for insurance underwriter employment
Carmel, IN
Metro area for insurance underwriter employment

How to Become a Insurance Underwriter in Indiana

Education

Most insurance underwriter positions require a bachelor's degree. Indiana has several accredited institutions offering relevant programs.

Key Skills

Risk AssessmentAnalytical SkillsInsurance RegulationsUnderwriting SoftwareDecision-MakingAttention to Detail

Job Outlook in Indiana

Nationally, insurance underwriter employment is projected to grow -2% over the next decade (decline). Indiana's demand may vary based on local industry trends.