Insurance Underwriter Salary in Minneapolis, Minnesota
The median insurance underwriter salary in Minneapolis, MN is $83,310 per year, which is 7.0% above the national median and 8.1% above the Minnesota state average.
Insurance Underwriter Salary in Minneapolis by Experience
In Minneapolis, an entry-level insurance underwriter earns around $53,500, while experienced professionals earn up to $123,050 per year. The local cost of living index is 105% of the national average.
Salary Percentiles in Minneapolis, MN
| Percentile | Minneapolis |
|---|---|
| 10th Percentile | $52,002 |
| 25th Percentile | $65,484 |
| Median (50th) | $83,310 |
| 75th Percentile | $107,000 |
| 90th Percentile | $135,248 |
Insurance Underwriter Salary in Other Minnesota Cities
How to Become a Insurance Underwriter in Minneapolis
Education
Most insurance underwriter positions require a bachelor's degree. Minneapolis 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 Minneapolis may vary based on local industry and population growth.