Business & Finance Independence, MO Pop. 123,011

Insurance Underwriter Salary in Independence, Missouri

The median insurance underwriter salary in Independence, MO is $66,181 per year, which is 15% below the national median and 3.4% below the Missouri state average.

City Median
$66,181
vs State Avg
$-2,336
vs National
$-11,679
Cost of Living
85%

Insurance Underwriter Salary in Independence by Experience

In Independence, an entry-level insurance underwriter earns around $42,500, while experienced professionals earn up to $97,750 per year. The local cost of living index is 85% of the national average.

Entry Level (0-2 yrs)
$42,500
$-7,500 vs national
Mid Level (3-7 yrs)
$66,300
$-11,700 vs national
Senior Level (8+ yrs)
$97,750
$-17,250 vs national

Salary Percentiles in Independence, MO

Percentile Independence
10th Percentile $41,310
25th Percentile $52,020
Median (50th) $66,181
75th Percentile $85,000
90th Percentile $107,440

Insurance Underwriter Salary in Other Missouri Cities

How to Become a Insurance Underwriter in Independence

Education

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