Insurance Underwriter Salary in Lexington, Kentucky
The median insurance underwriter salary in Lexington, KY is $72,410 per year, which is 7% below the national median and 6.9% above the Kentucky state average.
Insurance Underwriter Pay in Lexington: What to Expect (2026)
Lexington offers a median insurance underwriter salary of $72,410, which is $4,672 above the Kentucky state average of $67,738. Compared to the national median of $77,860, Lexington pays below the national benchmark for this role.
Lexington's cost of living is 93% of the national average, meaning salary figures here closely reflect actual purchasing power. This makes direct comparisons to other cities straightforward.
The salary range for insurance underwriters in Lexington spans from $45,198 at the 10th percentile to $117,552 at the 90th percentile — a $72,354 spread. Entry-level professionals start around $46,500, while senior insurance underwriters with 8+ years of experience can earn up to $106,950. With a population of 322,570, Lexington is a mid-sized metro with a growing job market.
Insurance Underwriter Salary in Lexington by Experience
In Lexington, an entry-level insurance underwriter earns around $46,500, while experienced professionals earn up to $106,950 per year. The local cost of living index is 93% of the national average.
Salary Percentiles in Lexington, KY
| Percentile | Lexington |
|---|---|
| 10th Percentile | $45,198 |
| 25th Percentile | $56,916 |
| Median (50th) | $72,410 |
| 75th Percentile | $93,000 |
| 90th Percentile | $117,552 |
Insurance Underwriter Salary in Other Kentucky Cities
How to Become a Insurance Underwriter in Lexington
Education
Most insurance underwriter positions require a bachelor's degree. Lexington and the surrounding Kentucky area have institutions offering relevant programs.
Key Skills
Job Outlook
Nationally, insurance underwriter employment is projected to grow -2% over the next decade (decline). Demand in Lexington may vary based on local industry and population growth.
Find Insurance Underwriter Jobs in Lexington
Browse open insurance underwriter positions in Lexington, KY: