Business & Finance Davenport, IA Pop. 101,724

Insurance Underwriter Salary in Davenport, Iowa

The median insurance underwriter salary in Davenport, IA is $66,960 per year, which is 14% below the national median and 3.4% below the Iowa state average.

City Median
$66,960
vs State Avg
$-2,335
vs National
$-10,900
Cost of Living
86%

Insurance Underwriter Salary in Davenport by Experience

In Davenport, an entry-level insurance underwriter earns around $43,000, while experienced professionals earn up to $98,900 per year. The local cost of living index is 86% of the national average.

Entry Level (0-2 yrs)
$43,000
$-7,000 vs national
Mid Level (3-7 yrs)
$67,080
$-10,920 vs national
Senior Level (8+ yrs)
$98,900
$-16,100 vs national

Salary Percentiles in Davenport, IA

Percentile Davenport
10th Percentile $41,796
25th Percentile $52,632
Median (50th) $66,960
75th Percentile $86,000
90th Percentile $108,704

Insurance Underwriter Salary in Other Iowa Cities

Iowa City, IA
$73,967
Pop. 74,828
Des Moines, IA
$71,631
Pop. 214,133
Cedar Rapids, IA
$68,517
Pop. 137,710
Sioux City, IA
$65,402
Pop. 85,797

How to Become a Insurance Underwriter in Davenport

Education

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

Find Insurance Underwriter Jobs in Davenport

Browse open insurance underwriter positions in Davenport, IA:

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Frequently Asked Questions: Insurance Underwriter Salary in Davenport

How much does a Insurance Underwriter make in Davenport, IA? ▼
The median insurance underwriter salary in Davenport, Iowa is $66,960 per year, which is 14% below the national median of $77,860. Salaries range from $41,796 (10th percentile) to $108,704 (90th percentile).
How much does a Insurance Underwriter make per hour in Davenport? ▼
Based on the median annual salary of $66,960, a insurance underwriter in Davenport earns approximately $32 per hour assuming a standard 2,080-hour work year.
How does Davenport compare to the Iowa state average for insurance underwriter pay? ▼
Davenport's median insurance underwriter salary of $66,960 is 3.4% below the Iowa state average of $69,295. The local cost of living index is 86% of the national average.
What is the cost of living in Davenport, IA? ▼
Davenport has a cost of living index of 86% compared to the national average. This means a insurance underwriter salary of $66,960 in Davenport has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Davenport? ▼
Most insurance underwriter positions in Davenport 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.