Business & Finance Lansing, MI Pop. 112,644

Insurance Underwriter Salary in Lansing, Michigan

The median insurance underwriter salary in Lansing, MI is $66,960 per year, which is 14% below the national median and 4.4% below the Michigan state average.

City Median
$66,960
vs State Avg
$-3,114
vs National
$-10,900
Cost of Living
86%

Insurance Underwriter Salary in Lansing by Experience

In Lansing, 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 Lansing, MI

Percentile Lansing
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 Michigan Cities

Ann Arbor, MI
$81,753
Pop. 123,851
Grand Rapids, MI
$70,074
Pop. 198,917
Detroit, MI
$68,517
Pop. 639,111
Warren, MI
$68,517
Pop. 139,387

How to Become a Insurance Underwriter in Lansing

Education

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

Find Insurance Underwriter Jobs in Lansing

Browse open insurance underwriter positions in Lansing, MI:

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Frequently Asked Questions: Insurance Underwriter Salary in Lansing

How much does a Insurance Underwriter make in Lansing, MI? ▼
The median insurance underwriter salary in Lansing, Michigan is $66,960 per year, which is 14% below the national median of $77,860. Salaries range from $41,796 (10th percentile) to $108,704 (90th percentile).
How much does a Insurance Underwriter make per hour in Lansing? ▼
Based on the median annual salary of $66,960, a insurance underwriter in Lansing earns approximately $32 per hour assuming a standard 2,080-hour work year.
How does Lansing compare to the Michigan state average for insurance underwriter pay? ▼
Lansing's median insurance underwriter salary of $66,960 is 4.4% below the Michigan state average of $70,074. The local cost of living index is 86% of the national average.
What is the cost of living in Lansing, MI? ▼
Lansing has a cost of living index of 86% compared to the national average. This means a insurance underwriter salary of $66,960 in Lansing has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Lansing? ▼
Most insurance underwriter positions in Lansing 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.