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

Kansas City, MO
$71,631
Pop. 508,090
Saint Louis, MO
$70,074
Pop. 301,578
Columbia, MO
$68,517
Pop. 126,254
Springfield, MO
$63,845
Pop. 169,176

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.

Find Insurance Underwriter Jobs in Independence

Browse open insurance underwriter positions in Independence, MO:

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Frequently Asked Questions: Insurance Underwriter Salary in Independence

How much does a Insurance Underwriter make in Independence, MO? ▼
The median insurance underwriter salary in Independence, Missouri is $66,181 per year, which is 15% below the national median of $77,860. Salaries range from $41,310 (10th percentile) to $107,440 (90th percentile).
How much does a Insurance Underwriter make per hour in Independence? ▼
Based on the median annual salary of $66,181, a insurance underwriter in Independence earns approximately $32 per hour assuming a standard 2,080-hour work year.
How does Independence compare to the Missouri state average for insurance underwriter pay? ▼
Independence's median insurance underwriter salary of $66,181 is 3.4% below the Missouri state average of $68,517. The local cost of living index is 85% of the national average.
What is the cost of living in Independence, MO? ▼
Independence has a cost of living index of 85% compared to the national average. This means a insurance underwriter salary of $66,181 in Independence has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Independence? ▼
Most insurance underwriter positions in Independence 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.