Business & Finance Nevada (NV) Rank #23 of 50

Insurance Underwriter Salary in Nevada

The median insurance underwriter salary in Nevada is $75,524 per year, which is 3% below the national median of $77,860.

Median Salary
$75,524
vs National
$-2,336
State Rank
#23 of 50
Cost of Living
97%

Insurance Underwriter Salary Overview in Nevada (2026)

Nevada ranks #23 out of 50 states for insurance underwriter compensation. Nevada falls in the middle of the pack for insurance underwriter pay, offering salaries near the national average. At $75,524 per year, insurance underwriters in Nevada earn $2,336 less than the national median of $77,860.

Nevada's cost of living is near the national average at 97%, meaning insurance underwriter salaries here translate closely to their face value in purchasing power.

The salary spread in Nevada is significant: insurance underwriters at the 10th percentile earn $47,142, while those at the 90th percentile bring home $122,608 — a $75,466 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Nevada for this role is Reno, where the median reaches $80,974.

Nationally, insurance underwriter employment is projected to grow -2% over the next decade (decline). Despite slower growth nationally, experienced insurance underwriters with in-demand specializations continue to command strong salaries.

Insurance Underwriter Salary in Nevada by Experience

In Nevada, an entry-level insurance underwriter earns around $48,500, while experienced professionals earn up to $111,550 per year. The cost of living index in Nevada is 97% of the national average.

Entry Level (0-2 yrs)
$48,500
$-1,500 vs national
Mid Level (3-7 yrs)
$75,660
$-2,340 vs national
Senior Level (8+ yrs)
$111,550
$-3,450 vs national

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Salary Percentiles in Nevada

Percentile NV Salary
10th Percentile $47,142
25th Percentile $59,364
Median (50th) $75,524
75th Percentile $97,000
90th Percentile $122,608

Insurance Underwriter Salary by City in Nevada

The largest employment areas for insurance underwriters in Nevada include Las Vegas, Henderson, Reno, and North Las Vegas. Salaries vary by city based on local cost of living and demand.

How to Become a Insurance Underwriter in Nevada

Education

Most insurance underwriter positions require a bachelor's degree. Nevada has several accredited institutions offering relevant programs.

Key Skills

Risk AssessmentAnalytical SkillsInsurance RegulationsUnderwriting SoftwareDecision-MakingAttention to Detail

Job Outlook in Nevada

Nationally, insurance underwriter employment is projected to grow -2% over the next decade (decline). Nevada's demand may vary based on local industry trends.

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Frequently Asked Questions: Insurance Underwriter Salary in Nevada

How much does a Insurance Underwriter make in Nevada? ▼
The median insurance underwriter salary in Nevada is $75,524 per year, which is 3% below the national median of $77,860. Salaries range from $47,142 (10th percentile) to $122,608 (90th percentile).
How much does a Insurance Underwriter make per hour in Nevada? ▼
Based on the median annual salary of $75,524, a insurance underwriter in Nevada earns approximately $36 per hour assuming a standard 2,080-hour work year.
Is Nevada a good state for insurance underwriters? ▼
Nevada ranks #23 out of 50 states for insurance underwriter pay. The cost of living index is 97% of the national average. Entry-level insurance underwriters earn $48,500, while senior professionals earn $111,550.
How does Nevada compare to other states for insurance underwriter salary? ▼
The highest paying state for insurance underwriters is Hawaii at $132,362. Nevada's median of $75,524 ranks #23 nationally. Nearby-ranked states include Maine ($76,303) and Arizona ($75,524).
What is the entry-level insurance underwriter salary in Nevada? ▼
An entry-level insurance underwriter in Nevada earns approximately $48,500 per year. With 3-7 years of experience, pay increases to around $75,660. Senior-level professionals with 8+ years earn up to $111,550.
What city in Nevada pays insurance underwriters the most? ▼
Reno is the highest paying city in Nevada for insurance underwriters, with a median salary of $80,974. Other cities include Las Vegas and Henderson.