Business & Finance Iowa City, IA Pop. 74,828

Insurance Underwriter Salary in Iowa City, Iowa

The median insurance underwriter salary in Iowa City, IA is $73,967 per year, which is 5% below the national median and 6.7% above the Iowa state average.

City Median
$73,967
vs State Avg
+$4,672
vs National
$-3,893
Cost of Living
95%

Insurance Underwriter Salary in Iowa City by Experience

In Iowa City, an entry-level insurance underwriter earns around $47,500, while experienced professionals earn up to $109,250 per year. The local cost of living index is 95% of the national average.

Entry Level (0-2 yrs)
$47,500
$-2,500 vs national
Mid Level (3-7 yrs)
$74,100
$-3,900 vs national
Senior Level (8+ yrs)
$109,250
$-5,750 vs national

Salary Percentiles in Iowa City, IA

Percentile Iowa City
10th Percentile $46,170
25th Percentile $58,140
Median (50th) $73,967
75th Percentile $95,000
90th Percentile $120,080

Insurance Underwriter Salary in Other Iowa Cities

Des Moines, IA
$71,631
Pop. 214,133
Cedar Rapids, IA
$68,517
Pop. 137,710
Davenport, IA
$66,960
Pop. 101,724
Sioux City, IA
$65,402
Pop. 85,797

How to Become a Insurance Underwriter in Iowa City

Education

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

Find Insurance Underwriter Jobs in Iowa City

Browse open insurance underwriter positions in Iowa City, IA:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Insurance Underwriter Salary in Iowa City

How much does a Insurance Underwriter make in Iowa City, IA? ▼
The median insurance underwriter salary in Iowa City, Iowa is $73,967 per year, which is 5% below the national median of $77,860. Salaries range from $46,170 (10th percentile) to $120,080 (90th percentile).
How much does a Insurance Underwriter make per hour in Iowa City? ▼
Based on the median annual salary of $73,967, a insurance underwriter in Iowa City earns approximately $36 per hour assuming a standard 2,080-hour work year.
How does Iowa City compare to the Iowa state average for insurance underwriter pay? ▼
Iowa City's median insurance underwriter salary of $73,967 is 6.7% above the Iowa state average of $69,295. The local cost of living index is 95% of the national average.
What is the cost of living in Iowa City, IA? ▼
Iowa City has a cost of living index of 95% compared to the national average. This means a insurance underwriter salary of $73,967 in Iowa City has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Iowa City? ▼
Most insurance underwriter positions in Iowa City 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.