Insurance Underwriter Salary in Bloomington, Minnesota
The median insurance underwriter salary in Bloomington, MN is $80,974 per year, which is 4.0% above the national median and 5.1% above the Minnesota state average.
Insurance Underwriter Salary in Bloomington by Experience
In Bloomington, an entry-level insurance underwriter earns around $52,000, while experienced professionals earn up to $119,600 per year. The local cost of living index is 102% of the national average.
Salary Percentiles in Bloomington, MN
| Percentile | Bloomington |
|---|---|
| 10th Percentile | $50,544 |
| 25th Percentile | $63,648 |
| Median (50th) | $80,974 |
| 75th Percentile | $104,000 |
| 90th Percentile | $131,456 |
Insurance Underwriter Salary in Other Minnesota Cities
How to Become a Insurance Underwriter in Bloomington
Education
Most insurance underwriter positions require a bachelor's degree. Bloomington and the surrounding Minnesota area have institutions offering relevant programs.
Key Skills
Job Outlook
Nationally, insurance underwriter employment is projected to grow -2% over the next decade (decline). Demand in Bloomington may vary based on local industry and population growth.