Business & Finance North Dakota (ND) Rank #37 of 50

Insurance Underwriter Salary in North Dakota

The median insurance underwriter salary in North Dakota is $70,074 per year, which is 10% below the national median of $77,860.

Median Salary
$70,074
vs National
$-7,786
State Rank
#37 of 50
Cost of Living
90%

Insurance Underwriter Salary in North Dakota by Experience

In North Dakota, an entry-level insurance underwriter earns around $45,000, while experienced professionals earn up to $103,500 per year. The cost of living index in North Dakota is 90% of the national average.

Entry Level (0-2 yrs)
$45,000
$-5,000 vs national
Mid Level (3-7 yrs)
$70,200
$-7,800 vs national
Senior Level (8+ yrs)
$103,500
$-11,500 vs national

Salary Percentiles in North Dakota

Percentile ND Salary
10th Percentile $43,740
25th Percentile $55,080
Median (50th) $70,074
75th Percentile $90,000
90th Percentile $113,760

Major Cities for Insurance Underwriters in North Dakota

The largest employment areas for insurance underwriters in North Dakota include Fargo, Bismarck, Grand Forks, and Minot. Salaries in major metro areas may be higher due to increased demand and cost of living.

Fargo, ND
Metro area for insurance underwriter employment
Bismarck, ND
Metro area for insurance underwriter employment
Grand Forks, ND
Metro area for insurance underwriter employment
Minot, ND
Metro area for insurance underwriter employment
West Fargo, ND
Metro area for insurance underwriter employment

How to Become a Insurance Underwriter in North Dakota

Education

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

Key Skills

Risk AssessmentAnalytical SkillsInsurance RegulationsUnderwriting SoftwareDecision-MakingAttention to Detail

Job Outlook in North Dakota

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