Business & Finance Lafayette, LA Pop. 121,374

Insurance Underwriter Salary in Lafayette, Louisiana

The median insurance underwriter salary in Lafayette, LA is $68,517 per year, which is 12% below the national median and 3.3% below the Louisiana state average.

City Median
$68,517
vs State Avg
$-2,336
vs National
$-9,343
Cost of Living
88%

Insurance Underwriter Salary in Lafayette by Experience

In Lafayette, an entry-level insurance underwriter earns around $44,000, while experienced professionals earn up to $101,200 per year. The local cost of living index is 88% of the national average.

Entry Level (0-2 yrs)
$44,000
$-6,000 vs national
Mid Level (3-7 yrs)
$68,640
$-9,360 vs national
Senior Level (8+ yrs)
$101,200
$-13,800 vs national

Salary Percentiles in Lafayette, LA

Percentile Lafayette
10th Percentile $42,768
25th Percentile $53,856
Median (50th) $68,517
75th Percentile $88,000
90th Percentile $111,232

Insurance Underwriter Salary in Other Louisiana Cities

New Orleans, LA
$76,303
Pop. 383,997
Baton Rouge, LA
$71,631
Pop. 227,470
Lake Charles, LA
$66,960
Pop. 80,000
Shreveport, LA
$66,181
Pop. 187,593

How to Become a Insurance Underwriter in Lafayette

Education

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