Business & Finance Louisville, KY Pop. 633,045

Insurance Underwriter Salary in Louisville, Kentucky

The median insurance underwriter salary in Louisville, KY is $71,631 per year, which is 8% below the national median and 5.7% above the Kentucky state average.

City Median
$71,631
vs State Avg
+$3,893
vs National
$-6,229
Cost of Living
92%

Insurance Underwriter Salary in Louisville by Experience

In Louisville, an entry-level insurance underwriter earns around $46,000, while experienced professionals earn up to $105,800 per year. The local cost of living index is 92% of the national average.

Entry Level (0-2 yrs)
$46,000
$-4,000 vs national
Mid Level (3-7 yrs)
$71,760
$-6,240 vs national
Senior Level (8+ yrs)
$105,800
$-9,200 vs national

Salary Percentiles in Louisville, KY

Percentile Louisville
10th Percentile $44,712
25th Percentile $56,304
Median (50th) $71,631
75th Percentile $92,000
90th Percentile $116,288

Insurance Underwriter Salary in Other Kentucky Cities

How to Become a Insurance Underwriter in Louisville

Education

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