Business & Finance Warren, MI Pop. 139,387

Insurance Underwriter Salary in Warren, Michigan

The median insurance underwriter salary in Warren, MI is $68,517 per year, which is 12% below the national median and 2.2% below the Michigan state average.

City Median
$68,517
vs State Avg
$-1,557
vs National
$-9,343
Cost of Living
88%

Insurance Underwriter Salary in Warren by Experience

In Warren, an entry-level insurance underwriter earns around $44,000, while experienced professionals earn up to $101,200 per year. The local cost of living index is 88% of the national average.

Entry Level (0-2 yrs)
$44,000
$-6,000 vs national
Mid Level (3-7 yrs)
$68,640
$-9,360 vs national
Senior Level (8+ yrs)
$101,200
$-13,800 vs national

Salary Percentiles in Warren, MI

Percentile Warren
10th Percentile $42,768
25th Percentile $53,856
Median (50th) $68,517
75th Percentile $88,000
90th Percentile $111,232

Insurance Underwriter Salary in Other Michigan Cities

How to Become a Insurance Underwriter in Warren

Education

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

Find Insurance Underwriter Jobs in Warren

Browse open insurance underwriter positions in Warren, MI:

Frequently Asked Questions: Insurance Underwriter Salary in Warren

How much does a Insurance Underwriter make in Warren, MI?
The median insurance underwriter salary in Warren, Michigan is $68,517 per year, which is 12% below the national median of $77,860. Salaries range from $42,768 (10th percentile) to $111,232 (90th percentile).
How much does a Insurance Underwriter make per hour in Warren?
Based on the median annual salary of $68,517, a insurance underwriter in Warren earns approximately $33 per hour assuming a standard 2,080-hour work year.
How does Warren compare to the Michigan state average for insurance underwriter pay?
Warren's median insurance underwriter salary of $68,517 is 2.2% below the Michigan state average of $70,074. The local cost of living index is 88% of the national average.
What is the cost of living in Warren, MI?
Warren has a cost of living index of 88% compared to the national average. This means a insurance underwriter salary of $68,517 in Warren has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Warren?
Most insurance underwriter positions in Warren 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.