Business & Finance Southaven, MS Pop. 55,026

Insurance Underwriter Salary in Southaven, Mississippi

The median insurance underwriter salary in Southaven, MS is $65,402 per year, which is 16% below the national median and 1.2% above the Mississippi state average.

City Median
$65,402
vs State Avg
+$778
vs National
$-12,458
Cost of Living
84%

Insurance Underwriter Salary in Southaven by Experience

In Southaven, an entry-level insurance underwriter earns around $42,000, while experienced professionals earn up to $96,600 per year. The local cost of living index is 84% of the national average.

Entry Level (0-2 yrs)
$42,000
$-8,000 vs national
Mid Level (3-7 yrs)
$65,520
$-12,480 vs national
Senior Level (8+ yrs)
$96,600
$-18,400 vs national

Salary Percentiles in Southaven, MS

Percentile Southaven
10th Percentile $40,824
25th Percentile $51,408
Median (50th) $65,402
75th Percentile $84,000
90th Percentile $106,176

Insurance Underwriter Salary in Other Mississippi Cities

Jackson, MS
$66,181
Pop. 153,701
Biloxi, MS
$64,624
Pop. 46,212
Gulfport, MS
$63,845
Pop. 72,926
Hattiesburg, MS
$62,288
Pop. 48,728

How to Become a Insurance Underwriter in Southaven

Education

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

Find Insurance Underwriter Jobs in Southaven

Browse open insurance underwriter positions in Southaven, MS:

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Frequently Asked Questions: Insurance Underwriter Salary in Southaven

How much does a Insurance Underwriter make in Southaven, MS? ▼
The median insurance underwriter salary in Southaven, Mississippi is $65,402 per year, which is 16% below the national median of $77,860. Salaries range from $40,824 (10th percentile) to $106,176 (90th percentile).
How much does a Insurance Underwriter make per hour in Southaven? ▼
Based on the median annual salary of $65,402, a insurance underwriter in Southaven earns approximately $31 per hour assuming a standard 2,080-hour work year.
How does Southaven compare to the Mississippi state average for insurance underwriter pay? ▼
Southaven's median insurance underwriter salary of $65,402 is 1.2% above the Mississippi state average of $64,624. The local cost of living index is 84% of the national average.
What is the cost of living in Southaven, MS? ▼
Southaven has a cost of living index of 84% compared to the national average. This means a insurance underwriter salary of $65,402 in Southaven has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Southaven? ▼
Most insurance underwriter positions in Southaven 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.