Business & Finance Winston-Salem, NC Pop. 249,545

Insurance Underwriter Salary in Winston-Salem, North Carolina

The median insurance underwriter salary in Winston-Salem, NC is $69,295 per year, which is 11% below the national median and 6.3% below the North Carolina state average.

City Median
$69,295
vs State Avg
$-4,672
vs National
$-8,565
Cost of Living
86%

Insurance Underwriter Salary in Winston-Salem by Experience

In Winston-Salem, an entry-level insurance underwriter earns around $44,500, while experienced professionals earn up to $102,350 per year. The local cost of living index is 86% of the national average.

Entry Level (0-2 yrs)
$44,500
$-5,500 vs national
Mid Level (3-7 yrs)
$69,420
$-8,580 vs national
Senior Level (8+ yrs)
$102,350
$-12,650 vs national

Salary Percentiles in Winston-Salem, NC

Percentile Winston-Salem
10th Percentile $43,254
25th Percentile $54,468
Median (50th) $69,295
75th Percentile $89,000
90th Percentile $112,496

Insurance Underwriter Salary in Other North Carolina Cities

Charlotte, NC
$78,639
Pop. 874,579
Raleigh, NC
$78,639
Pop. 467,665
Durham, NC
$76,303
Pop. 283,506
Greensboro, NC
$70,853
Pop. 299,035

How to Become a Insurance Underwriter in Winston-Salem

Education

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

Find Insurance Underwriter Jobs in Winston-Salem

Browse open insurance underwriter positions in Winston-Salem, NC:

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Frequently Asked Questions: Insurance Underwriter Salary in Winston-Salem

How much does a Insurance Underwriter make in Winston-Salem, NC? ▼
The median insurance underwriter salary in Winston-Salem, North Carolina is $69,295 per year, which is 11% below the national median of $77,860. Salaries range from $43,254 (10th percentile) to $112,496 (90th percentile).
How much does a Insurance Underwriter make per hour in Winston-Salem? ▼
Based on the median annual salary of $69,295, a insurance underwriter in Winston-Salem earns approximately $33 per hour assuming a standard 2,080-hour work year.
How does Winston-Salem compare to the North Carolina state average for insurance underwriter pay? ▼
Winston-Salem's median insurance underwriter salary of $69,295 is 6.3% below the North Carolina state average of $73,967. The local cost of living index is 86% of the national average.
What is the cost of living in Winston-Salem, NC? ▼
Winston-Salem has a cost of living index of 86% compared to the national average. This means a insurance underwriter salary of $69,295 in Winston-Salem has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Winston-Salem? ▼
Most insurance underwriter positions in Winston-Salem 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.