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

Insurance Underwriter Salary by City in Louisiana

The largest employment areas for insurance underwriters in Louisiana include New Orleans, Baton Rouge, Shreveport, and Lafayette. Salaries vary by city based on local cost of living and demand.

New Orleans, LA
$76,303
Pop. 383,997 · COL 98%
Baton Rouge, LA
$71,631
Pop. 227,470 · COL 92%
Shreveport, LA
$66,181
Pop. 187,593 · COL 85%
Lafayette, LA
$68,517
Pop. 121,374 · COL 88%
Lake Charles, LA
$66,960
Pop. 80,000 · COL 86%

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.