Business & Finance Sioux City, IA
Pop. 85,797
Insurance Underwriter Salary in Sioux City, Iowa
The median insurance underwriter salary in Sioux City, IA is $65,402 per year, which is 16% below the national median and 5.6% below the Iowa state average.
City Median
$65,402
vs State Avg
$-3,893
vs National
$-12,458
Cost of Living
84%
Insurance Underwriter Salary in Sioux City by Experience
In Sioux City, an entry-level insurance underwriter earns around $42,000, while experienced professionals earn up to $96,600 per year. The local cost of living index is 84% of the national average.
Entry Level (0-2 yrs)
$42,000
$-8,000 vs national
Mid Level (3-7 yrs)
$65,520
$-12,480 vs national
Senior Level (8+ yrs)
$96,600
$-18,400 vs national
Salary Percentiles in Sioux City, IA
| Percentile | Sioux City |
|---|---|
| 10th Percentile | $40,824 |
| 25th Percentile | $51,408 |
| Median (50th) | $65,402 |
| 75th Percentile | $84,000 |
| 90th Percentile | $106,176 |
Insurance Underwriter Salary in Other Iowa Cities
How to Become a Insurance Underwriter in Sioux City
Education
Most insurance underwriter positions require a bachelor's degree. Sioux 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 Sioux City may vary based on local industry and population growth.