Business & Finance Raleigh, NC Pop. 467,665

Insurance Underwriter Salary in Raleigh, North Carolina

The median insurance underwriter salary in Raleigh, NC is $78,639 per year, which is 1.0% above the national median and 6.3% above the North Carolina state average.

City Median
$78,639
vs State Avg
+$4,672
vs National
+$779
Cost of Living
98%

Insurance Underwriter Salary in Raleigh by Experience

In Raleigh, an entry-level insurance underwriter earns around $50,500, while experienced professionals earn up to $116,150 per year. The local cost of living index is 98% of the national average.

Entry Level (0-2 yrs)
$50,500
+$500 vs national
Mid Level (3-7 yrs)
$78,780
+$780 vs national
Senior Level (8+ yrs)
$116,150
+$1,150 vs national

Salary Percentiles in Raleigh, NC

Percentile Raleigh
10th Percentile $49,086
25th Percentile $61,812
Median (50th) $78,639
75th Percentile $101,000
90th Percentile $127,664

Insurance Underwriter Salary in Other North Carolina Cities

Charlotte, NC
$78,639
Pop. 874,579
Durham, NC
$76,303
Pop. 283,506
Greensboro, NC
$70,853
Pop. 299,035
Winston-Salem, NC
$69,295
Pop. 249,545

How to Become a Insurance Underwriter in Raleigh

Education

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

Find Insurance Underwriter Jobs in Raleigh

Browse open insurance underwriter positions in Raleigh, NC:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Insurance Underwriter Salary in Raleigh

How much does a Insurance Underwriter make in Raleigh, NC? ▼
The median insurance underwriter salary in Raleigh, North Carolina is $78,639 per year, which is 1.0% above the national median of $77,860. Salaries range from $49,086 (10th percentile) to $127,664 (90th percentile).
How much does a Insurance Underwriter make per hour in Raleigh? ▼
Based on the median annual salary of $78,639, a insurance underwriter in Raleigh earns approximately $38 per hour assuming a standard 2,080-hour work year.
How does Raleigh compare to the North Carolina state average for insurance underwriter pay? ▼
Raleigh's median insurance underwriter salary of $78,639 is 6.3% above the North Carolina state average of $73,967. The local cost of living index is 98% of the national average.
What is the cost of living in Raleigh, NC? ▼
Raleigh has a cost of living index of 98% compared to the national average. This means a insurance underwriter salary of $78,639 in Raleigh has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Raleigh? ▼
Most insurance underwriter positions in Raleigh 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.