Business & Finance Louisiana (LA) Rank #34 of 50

Insurance Underwriter Salary in Louisiana

The median insurance underwriter salary in Louisiana is $70,853 per year, which is 9% below the national median of $77,860.

Median Salary
$70,853
vs National
$-7,007
State Rank
#34 of 50
Cost of Living
91%

Insurance Underwriter Salary in Louisiana by Experience

In Louisiana, an entry-level insurance underwriter earns around $45,500, while experienced professionals earn up to $104,650 per year. The cost of living index in Louisiana is 91% of the national average.

Entry Level (0-2 yrs)
$45,500
$-4,500 vs national
Mid Level (3-7 yrs)
$70,980
$-7,020 vs national
Senior Level (8+ yrs)
$104,650
$-10,350 vs national

Salary Percentiles in Louisiana

Percentile LA Salary
10th Percentile $44,226
25th Percentile $55,692
Median (50th) $70,853
75th Percentile $91,000
90th Percentile $115,024

Major Cities for Insurance Underwriters in Louisiana

The largest employment areas for insurance underwriters in Louisiana include New Orleans, Baton Rouge, Shreveport, and Lafayette. Salaries in major metro areas may be higher due to increased demand and cost of living.

New Orleans, LA
Metro area for insurance underwriter employment
Baton Rouge, LA
Metro area for insurance underwriter employment
Shreveport, LA
Metro area for insurance underwriter employment
Lafayette, LA
Metro area for insurance underwriter employment
Lake Charles, LA
Metro area for insurance underwriter employment

How to Become a Insurance Underwriter in Louisiana

Education

Most insurance underwriter positions require a bachelor's degree. Louisiana has several accredited institutions offering relevant programs.

Key Skills

Risk AssessmentAnalytical SkillsInsurance RegulationsUnderwriting SoftwareDecision-MakingAttention to Detail

Job Outlook in Louisiana

Nationally, insurance underwriter employment is projected to grow -2% over the next decade (decline). Louisiana's demand may vary based on local industry trends.