Business & Finance New Orleans, LA Pop. 383,997

Insurance Underwriter Salary in New Orleans, Louisiana

The median insurance underwriter salary in New Orleans, LA is $76,303 per year, which is 2% below the national median and 7.7% above the Louisiana state average.

City Median
$76,303
vs State Avg
+$5,450
vs National
$-1,557
Cost of Living
98%

Insurance Underwriter Salary in New Orleans by Experience

In New Orleans, an entry-level insurance underwriter earns around $49,000, while experienced professionals earn up to $112,700 per year. The local cost of living index is 98% of the national average.

Entry Level (0-2 yrs)
$49,000
$-1,000 vs national
Mid Level (3-7 yrs)
$76,440
$-1,560 vs national
Senior Level (8+ yrs)
$112,700
$-2,300 vs national

Salary Percentiles in New Orleans, LA

Percentile New Orleans
10th Percentile $47,628
25th Percentile $59,976
Median (50th) $76,303
75th Percentile $98,000
90th Percentile $123,872

Insurance Underwriter Salary in Other Louisiana Cities

Baton Rouge, LA
$71,631
Pop. 227,470
Lafayette, LA
$68,517
Pop. 121,374
Lake Charles, LA
$66,960
Pop. 80,000
Shreveport, LA
$66,181
Pop. 187,593

How to Become a Insurance Underwriter in New Orleans

Education

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

Find Insurance Underwriter Jobs in New Orleans

Browse open insurance underwriter positions in New Orleans, LA:

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Frequently Asked Questions: Insurance Underwriter Salary in New Orleans

How much does a Insurance Underwriter make in New Orleans, LA? ▼
The median insurance underwriter salary in New Orleans, Louisiana is $76,303 per year, which is 2% below the national median of $77,860. Salaries range from $47,628 (10th percentile) to $123,872 (90th percentile).
How much does a Insurance Underwriter make per hour in New Orleans? ▼
Based on the median annual salary of $76,303, a insurance underwriter in New Orleans earns approximately $37 per hour assuming a standard 2,080-hour work year.
How does New Orleans compare to the Louisiana state average for insurance underwriter pay? ▼
New Orleans's median insurance underwriter salary of $76,303 is 7.7% above the Louisiana state average of $70,853. The local cost of living index is 98% of the national average.
What is the cost of living in New Orleans, LA? ▼
New Orleans has a cost of living index of 98% compared to the national average. This means a insurance underwriter salary of $76,303 in New Orleans has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in New Orleans? ▼
Most insurance underwriter positions in New Orleans 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.