Business & Finance Bismarck, ND Pop. 73,529

Insurance Underwriter Salary in Bismarck, North Dakota

The median insurance underwriter salary in Bismarck, ND is $70,074 per year, which is 10% below the national median and 0.0% above the North Dakota state average.

City Median
$70,074
vs State Avg
+$0
vs National
$-7,786
Cost of Living
90%

Insurance Underwriter Salary in Bismarck by Experience

In Bismarck, an entry-level insurance underwriter earns around $45,000, while experienced professionals earn up to $103,500 per year. The local cost of living index 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 Bismarck, ND

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

Insurance Underwriter Salary in Other North Dakota Cities

Fargo, ND
$73,188
Pop. 125,990
West Fargo, ND
$72,410
Pop. 38,626
Minot, ND
$71,631
Pop. 48,639
Grand Forks, ND
$68,517
Pop. 56,588

How to Become a Insurance Underwriter in Bismarck

Education

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

Find Insurance Underwriter Jobs in Bismarck

Browse open insurance underwriter positions in Bismarck, ND:

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Frequently Asked Questions: Insurance Underwriter Salary in Bismarck

How much does a Insurance Underwriter make in Bismarck, ND? ▼
The median insurance underwriter salary in Bismarck, 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 Bismarck? ▼
Based on the median annual salary of $70,074, a insurance underwriter in Bismarck earns approximately $34 per hour assuming a standard 2,080-hour work year.
How does Bismarck compare to the North Dakota state average for insurance underwriter pay? ▼
Bismarck's median insurance underwriter salary of $70,074 is 0.0% above the North Dakota state average of $70,074. The local cost of living index is 90% of the national average.
What is the cost of living in Bismarck, ND? ▼
Bismarck has a cost of living index of 90% compared to the national average. This means a insurance underwriter salary of $70,074 in Bismarck has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Bismarck? ▼
Most insurance underwriter positions in Bismarck 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.