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

Lexington, KY
$72,410
Pop. 322,570
Covington, KY
$68,517
Pop. 40,961
Bowling Green, KY
$65,402
Pop. 74,735
Owensboro, KY
$63,845
Pop. 60,183

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.

Find Insurance Underwriter Jobs in Louisville

Browse open insurance underwriter positions in Louisville, KY:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Insurance Underwriter Salary in Louisville

How much does a Insurance Underwriter make in Louisville, KY? ▼
The median insurance underwriter salary in Louisville, Kentucky is $71,631 per year, which is 8% below the national median of $77,860. Salaries range from $44,712 (10th percentile) to $116,288 (90th percentile).
How much does a Insurance Underwriter make per hour in Louisville? ▼
Based on the median annual salary of $71,631, a insurance underwriter in Louisville earns approximately $34 per hour assuming a standard 2,080-hour work year.
How does Louisville compare to the Kentucky state average for insurance underwriter pay? ▼
Louisville's median insurance underwriter salary of $71,631 is 5.7% above the Kentucky state average of $67,738. The local cost of living index is 92% of the national average.
What is the cost of living in Louisville, KY? ▼
Louisville has a cost of living index of 92% compared to the national average. This means a insurance underwriter salary of $71,631 in Louisville has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Louisville? ▼
Most insurance underwriter positions in Louisville 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.