Business & Finance Sparks, NV Pop. 108,445

Insurance Underwriter Salary in Sparks, Nevada

The median insurance underwriter salary in Sparks, NV is $76,303 per year, which is 2% below the national median and 1.0% above the Nevada state average.

City Median
$76,303
vs State Avg
+$779
vs National
$-1,557
Cost of Living
98%

Insurance Underwriter Salary in Sparks by Experience

In Sparks, an entry-level insurance underwriter earns around $49,000, while experienced professionals earn up to $112,700 per year. The local cost of living index is 98% of the national average.

Entry Level (0-2 yrs)
$49,000
$-1,000 vs national
Mid Level (3-7 yrs)
$76,440
$-1,560 vs national
Senior Level (8+ yrs)
$112,700
$-2,300 vs national

Salary Percentiles in Sparks, NV

Percentile Sparks
10th Percentile $47,628
25th Percentile $59,976
Median (50th) $76,303
75th Percentile $98,000
90th Percentile $123,872

Insurance Underwriter Salary in Other Nevada Cities

How to Become a Insurance Underwriter in Sparks

Education

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

Find Insurance Underwriter Jobs in Sparks

Browse open insurance underwriter positions in Sparks, NV:

Frequently Asked Questions: Insurance Underwriter Salary in Sparks

How much does a Insurance Underwriter make in Sparks, NV?
The median insurance underwriter salary in Sparks, Nevada is $76,303 per year, which is 2% below the national median of $77,860. Salaries range from $47,628 (10th percentile) to $123,872 (90th percentile).
How much does a Insurance Underwriter make per hour in Sparks?
Based on the median annual salary of $76,303, a insurance underwriter in Sparks earns approximately $37 per hour assuming a standard 2,080-hour work year.
How does Sparks compare to the Nevada state average for insurance underwriter pay?
Sparks's median insurance underwriter salary of $76,303 is 1.0% above the Nevada state average of $75,524. The local cost of living index is 98% of the national average.
What is the cost of living in Sparks, NV?
Sparks has a cost of living index of 98% compared to the national average. This means a insurance underwriter salary of $76,303 in Sparks has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Sparks?
Most insurance underwriter positions in Sparks 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.