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
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.