Business & Finance Lincoln, NE Pop. 291,082

Insurance Underwriter Salary in Lincoln, Nebraska

The median insurance underwriter salary in Lincoln, NE is $71,631 per year, which is 8% below the national median and 0.0% above the Nebraska state average.

City Median
$71,631
vs State Avg
+$0
vs National
$-6,229
Cost of Living
90%

Insurance Underwriter Pay in Lincoln: What to Expect (2026)

Lincoln offers a median insurance underwriter salary of $71,631, which is $0 above the Nebraska state average of $71,631. Compared to the national median of $77,860, Lincoln pays below the national benchmark for this role.

Lincoln's cost of living is 90% of the national average, meaning salary figures here closely reflect actual purchasing power. This makes direct comparisons to other cities straightforward.

The salary range for insurance underwriters in Lincoln spans from $44,712 at the 10th percentile to $116,288 at the 90th percentile — a $71,576 spread. Entry-level professionals start around $46,000, while senior insurance underwriters with 8+ years of experience can earn up to $105,800. With a population of 291,082, Lincoln is a mid-sized metro with a growing job market.

Insurance Underwriter Salary in Lincoln by Experience

In Lincoln, an entry-level insurance underwriter earns around $46,000, while experienced professionals earn up to $105,800 per year. The local cost of living index is 90% of the national average.

Entry Level (0-2 yrs)
$46,000
$-4,000 vs national
Mid Level (3-7 yrs)
$71,760
$-6,240 vs national
Senior Level (8+ yrs)
$105,800
$-9,200 vs national

Salary Percentiles in Lincoln, NE

Percentile Lincoln
10th Percentile $44,712
25th Percentile $56,304
Median (50th) $71,631
75th Percentile $92,000
90th Percentile $116,288

Insurance Underwriter Salary in Other Nebraska Cities

Omaha, NE
$73,967
Pop. 486,051
Bellevue, NE
$73,188
Pop. 64,176
Kearney, NE
$68,517
Pop. 33,464
Grand Island, NE
$66,960
Pop. 53,131

How to Become a Insurance Underwriter in Lincoln

Education

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

Find Insurance Underwriter Jobs in Lincoln

Browse open insurance underwriter positions in Lincoln, NE:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Insurance Underwriter Salary in Lincoln

How much does a Insurance Underwriter make in Lincoln, NE? ▼
The median insurance underwriter salary in Lincoln, Nebraska is $71,631 per year, which is 8% below the national median of $77,860. Salaries range from $44,712 (10th percentile) to $116,288 (90th percentile).
How much does a Insurance Underwriter make per hour in Lincoln? ▼
Based on the median annual salary of $71,631, a insurance underwriter in Lincoln earns approximately $34 per hour assuming a standard 2,080-hour work year.
How does Lincoln compare to the Nebraska state average for insurance underwriter pay? ▼
Lincoln's median insurance underwriter salary of $71,631 is 0.0% above the Nebraska state average of $71,631. The local cost of living index is 90% of the national average.
What is the cost of living in Lincoln, NE? ▼
Lincoln has a cost of living index of 90% compared to the national average. This means a insurance underwriter salary of $71,631 in Lincoln has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Lincoln? ▼
Most insurance underwriter positions in Lincoln 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.