Business & Finance Lake Charles, LA Pop. 80,000

Insurance Underwriter Salary in Lake Charles, Louisiana

The median insurance underwriter salary in Lake Charles, LA is $66,960 per year, which is 14% below the national median and 5.5% below the Louisiana state average.

City Median
$66,960
vs State Avg
$-3,893
vs National
$-10,900
Cost of Living
86%

Insurance Underwriter Salary in Lake Charles by Experience

In Lake Charles, an entry-level insurance underwriter earns around $43,000, while experienced professionals earn up to $98,900 per year. The local cost of living index is 86% of the national average.

Entry Level (0-2 yrs)
$43,000
$-7,000 vs national
Mid Level (3-7 yrs)
$67,080
$-10,920 vs national
Senior Level (8+ yrs)
$98,900
$-16,100 vs national

Salary Percentiles in Lake Charles, LA

Percentile Lake Charles
10th Percentile $41,796
25th Percentile $52,632
Median (50th) $66,960
75th Percentile $86,000
90th Percentile $108,704

Insurance Underwriter Salary in Other Louisiana Cities

New Orleans, LA
$76,303
Pop. 383,997
Baton Rouge, LA
$71,631
Pop. 227,470
Lafayette, LA
$68,517
Pop. 121,374
Shreveport, LA
$66,181
Pop. 187,593

How to Become a Insurance Underwriter in Lake Charles

Education

Most insurance underwriter positions require a bachelor's degree. Lake Charles 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 Lake Charles may vary based on local industry and population growth.