Business & Finance Lewiston, ME Pop. 37,121

Insurance Underwriter Salary in Lewiston, Maine

The median insurance underwriter salary in Lewiston, ME is $70,074 per year, which is 10% below the national median and 8.2% below the Maine state average.

City Median
$70,074
vs State Avg
$-6,229
vs National
$-7,786
Cost of Living
90%

Insurance Underwriter Salary in Lewiston by Experience

In Lewiston, an entry-level insurance underwriter earns around $45,000, while experienced professionals earn up to $103,500 per year. The local cost of living index is 90% of the national average.

Entry Level (0-2 yrs)
$45,000
$-5,000 vs national
Mid Level (3-7 yrs)
$70,200
$-7,800 vs national
Senior Level (8+ yrs)
$103,500
$-11,500 vs national

Salary Percentiles in Lewiston, ME

Percentile Lewiston
10th Percentile $43,740
25th Percentile $55,080
Median (50th) $70,074
75th Percentile $90,000
90th Percentile $113,760

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
Auburn, ME
$69,295
Pop. 23,926

How to Become a Insurance Underwriter in Lewiston

Education

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

Find Insurance Underwriter Jobs in Lewiston

Browse open insurance underwriter positions in Lewiston, ME:

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Frequently Asked Questions: Insurance Underwriter Salary in Lewiston

How much does a Insurance Underwriter make in Lewiston, ME? ▼
The median insurance underwriter salary in Lewiston, Maine is $70,074 per year, which is 10% below the national median of $77,860. Salaries range from $43,740 (10th percentile) to $113,760 (90th percentile).
How much does a Insurance Underwriter make per hour in Lewiston? ▼
Based on the median annual salary of $70,074, a insurance underwriter in Lewiston earns approximately $34 per hour assuming a standard 2,080-hour work year.
How does Lewiston compare to the Maine state average for insurance underwriter pay? ▼
Lewiston's median insurance underwriter salary of $70,074 is 8.2% below the Maine state average of $76,303. The local cost of living index is 90% of the national average.
What is the cost of living in Lewiston, ME? ▼
Lewiston has a cost of living index of 90% compared to the national average. This means a insurance underwriter salary of $70,074 in Lewiston has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Lewiston? ▼
Most insurance underwriter positions in Lewiston 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.