Business & Finance Grand Island, NE Pop. 53,131

Insurance Underwriter Salary in Grand Island, Nebraska

The median insurance underwriter salary in Grand Island, NE is $66,960 per year, which is 14% below the national median and 6.5% below the Nebraska state average.

City Median
$66,960
vs State Avg
$-4,671
vs National
$-10,900
Cost of Living
84%

Insurance Underwriter Salary in Grand Island by Experience

In Grand Island, an entry-level insurance underwriter earns around $43,000, while experienced professionals earn up to $98,900 per year. The local cost of living index is 84% of the national average.

Entry Level (0-2 yrs)
$43,000
$-7,000 vs national
Mid Level (3-7 yrs)
$67,080
$-10,920 vs national
Senior Level (8+ yrs)
$98,900
$-16,100 vs national

Salary Percentiles in Grand Island, NE

Percentile Grand Island
10th Percentile $41,796
25th Percentile $52,632
Median (50th) $66,960
75th Percentile $86,000
90th Percentile $108,704

Insurance Underwriter Salary in Other Nebraska Cities

How to Become a Insurance Underwriter in Grand Island

Education

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

Find Insurance Underwriter Jobs in Grand Island

Browse open insurance underwriter positions in Grand Island, NE:

Frequently Asked Questions: Insurance Underwriter Salary in Grand Island

How much does a Insurance Underwriter make in Grand Island, NE?
The median insurance underwriter salary in Grand Island, Nebraska is $66,960 per year, which is 14% below the national median of $77,860. Salaries range from $41,796 (10th percentile) to $108,704 (90th percentile).
How much does a Insurance Underwriter make per hour in Grand Island?
Based on the median annual salary of $66,960, a insurance underwriter in Grand Island earns approximately $32 per hour assuming a standard 2,080-hour work year.
How does Grand Island compare to the Nebraska state average for insurance underwriter pay?
Grand Island's median insurance underwriter salary of $66,960 is 6.5% below the Nebraska state average of $71,631. The local cost of living index is 84% of the national average.
What is the cost of living in Grand Island, NE?
Grand Island has a cost of living index of 84% compared to the national average. This means a insurance underwriter salary of $66,960 in Grand Island has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Grand Island?
Most insurance underwriter positions in Grand Island 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.