Business & Finance Iowa (IA) Rank #39 of 50

Insurance Underwriter Salary in Iowa

The median insurance underwriter salary in Iowa is $69,295 per year, which is 11% below the national median of $77,860.

Median Salary
$69,295
vs National
$-8,565
State Rank
#39 of 50
Cost of Living
89%

Insurance Underwriter Salary in Iowa by Experience

In Iowa, an entry-level insurance underwriter earns around $44,500, while experienced professionals earn up to $102,350 per year. The cost of living index in Iowa is 89% of the national average.

Entry Level (0-2 yrs)
$44,500
$-5,500 vs national
Mid Level (3-7 yrs)
$69,420
$-8,580 vs national
Senior Level (8+ yrs)
$102,350
$-12,650 vs national

Salary Percentiles in Iowa

Percentile IA Salary
10th Percentile $43,254
25th Percentile $54,468
Median (50th) $69,295
75th Percentile $89,000
90th Percentile $112,496

Major Cities for Insurance Underwriters in Iowa

The largest employment areas for insurance underwriters in Iowa include Des Moines, Cedar Rapids, Davenport, and Sioux City. Salaries in major metro areas may be higher due to increased demand and cost of living.

Des Moines, IA
Metro area for insurance underwriter employment
Cedar Rapids, IA
Metro area for insurance underwriter employment
Davenport, IA
Metro area for insurance underwriter employment
Sioux City, IA
Metro area for insurance underwriter employment
Iowa City, IA
Metro area for insurance underwriter employment

How to Become a Insurance Underwriter in Iowa

Education

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

Key Skills

Risk AssessmentAnalytical SkillsInsurance RegulationsUnderwriting SoftwareDecision-MakingAttention to Detail

Job Outlook in Iowa

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