Business & Finance Auburn, ME Pop. 23,926

Insurance Underwriter Salary in Auburn, Maine

The median insurance underwriter salary in Auburn, ME is $69,295 per year, which is 11% below the national median and 9.2% below the Maine state average.

City Median
$69,295
vs State Avg
$-7,008
vs National
$-8,565
Cost of Living
89%

Insurance Underwriter Salary in Auburn by Experience

In Auburn, an entry-level insurance underwriter earns around $44,500, while experienced professionals earn up to $102,350 per year. The local cost of living index is 89% of the national average.

Entry Level (0-2 yrs)
$44,500
$-5,500 vs national
Mid Level (3-7 yrs)
$69,420
$-8,580 vs national
Senior Level (8+ yrs)
$102,350
$-12,650 vs national

Salary Percentiles in Auburn, ME

Percentile Auburn
10th Percentile $43,254
25th Percentile $54,468
Median (50th) $69,295
75th Percentile $89,000
90th Percentile $112,496

Insurance Underwriter Salary in Other Maine Cities

Portland, ME
$84,089
Pop. 68,408
South Portland, ME
$81,753
Pop. 25,665
Bangor, ME
$71,631
Pop. 32,029
Lewiston, ME
$70,074
Pop. 37,121

How to Become a Insurance Underwriter in Auburn

Education

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

Find Insurance Underwriter Jobs in Auburn

Browse open insurance underwriter positions in Auburn, ME:

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Frequently Asked Questions: Insurance Underwriter Salary in Auburn

How much does a Insurance Underwriter make in Auburn, ME? ▼
The median insurance underwriter salary in Auburn, Maine is $69,295 per year, which is 11% below the national median of $77,860. Salaries range from $43,254 (10th percentile) to $112,496 (90th percentile).
How much does a Insurance Underwriter make per hour in Auburn? ▼
Based on the median annual salary of $69,295, a insurance underwriter in Auburn earns approximately $33 per hour assuming a standard 2,080-hour work year.
How does Auburn compare to the Maine state average for insurance underwriter pay? ▼
Auburn's median insurance underwriter salary of $69,295 is 9.2% below the Maine state average of $76,303. The local cost of living index is 89% of the national average.
What is the cost of living in Auburn, ME? ▼
Auburn has a cost of living index of 89% compared to the national average. This means a insurance underwriter salary of $69,295 in Auburn has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Auburn? ▼
Most insurance underwriter positions in Auburn 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.