Business & Finance Fargo, ND
Pop. 125,990
Insurance Underwriter Salary in Fargo, North Dakota
The median insurance underwriter salary in Fargo, ND is $73,188 per year, which is 6% below the national median and 4.4% above the North Dakota state average.
City Median
$73,188
vs State Avg
+$3,114
vs National
$-4,672
Cost of Living
94%
Insurance Underwriter Salary in Fargo by Experience
In Fargo, an entry-level insurance underwriter earns around $47,000, while experienced professionals earn up to $108,100 per year. The local cost of living index is 94% of the national average.
Entry Level (0-2 yrs)
$47,000
$-3,000 vs national
Mid Level (3-7 yrs)
$73,320
$-4,680 vs national
Senior Level (8+ yrs)
$108,100
$-6,900 vs national
Salary Percentiles in Fargo, ND
| Percentile | Fargo |
|---|---|
| 10th Percentile | $45,684 |
| 25th Percentile | $57,528 |
| Median (50th) | $73,188 |
| 75th Percentile | $94,000 |
| 90th Percentile | $118,816 |
Insurance Underwriter Salary in Other North Dakota Cities
How to Become a Insurance Underwriter in Fargo
Education
Most insurance underwriter positions require a bachelor's degree. Fargo 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 Fargo may vary based on local industry and population growth.