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.