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 Overview in North Dakota (2026)

North Dakota ranks #37 out of 50 states for insurance underwriter compensation. Insurance Underwriter salaries in North Dakota are below the national median, though the lower cost of living can offset the difference. At $70,074 per year, insurance underwriters in North Dakota earn $7,786 less than the national median of $77,860.

A key advantage of working in North Dakota is its below-average cost of living (90% of the national index). This means the $70,074 salary has the purchasing power of roughly $77,860 in an average-cost area.

The salary spread in North Dakota is significant: insurance underwriters at the 10th percentile earn $43,740, while those at the 90th percentile bring home $113,760 — a $70,020 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in North Dakota for this role is Fargo, where the median reaches $73,188.

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 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

Build Wealth on Your Income

With a $70,074 income, financial advisors recommend investing 15–20% annually. Start building a diversified portfolio with as little as $10.

See Investment Options →

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

Insurance Underwriter Salary by City in North Dakota

The largest employment areas for insurance underwriters in North Dakota include Fargo, Bismarck, Grand Forks, and Minot. Salaries vary by city based on local cost of living and demand.

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.

Negotiate Your Way to Senior Pay

Data shows Insurance Underwriters who negotiate earn 7–15% more. A single negotiation could add $33,426 over your career trajectory.

Get Negotiation Scripts — $197 →

Open to Insurance Underwriter Roles in North Dakota?

Get matched with recruiters hiring insurance underwriters in North Dakota at competitive salaries.

Or browse positions directly:

Frequently Asked Questions: Insurance Underwriter Salary in North Dakota

How much does a Insurance Underwriter make 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. Salaries range from $43,740 (10th percentile) to $113,760 (90th percentile).
How much does a Insurance Underwriter make per hour in North Dakota? ▼
Based on the median annual salary of $70,074, a insurance underwriter in North Dakota earns approximately $34 per hour assuming a standard 2,080-hour work year.
Is North Dakota a good state for insurance underwriters? ▼
North Dakota ranks #37 out of 50 states for insurance underwriter pay. The cost of living index is 90% of the national average. Entry-level insurance underwriters earn $45,000, while senior professionals earn $103,500.
How does North Dakota compare to other states for insurance underwriter salary? ▼
The highest paying state for insurance underwriters is Hawaii at $132,362. North Dakota's median of $70,074 ranks #37 nationally. Nearby-ranked states include Indiana ($70,074) and Michigan ($70,074).
What is the entry-level insurance underwriter salary in North Dakota? ▼
An entry-level insurance underwriter in North Dakota earns approximately $45,000 per year. With 3-7 years of experience, pay increases to around $70,200. Senior-level professionals with 8+ years earn up to $103,500.
What city in North Dakota pays insurance underwriters the most? ▼
Fargo is the highest paying city in North Dakota for insurance underwriters, with a median salary of $73,188. Other cities include Bismarck and Grand Forks.