Business & Finance Grand Forks, ND Pop. 56,588

Insurance Underwriter Salary in Grand Forks, North Dakota

The median insurance underwriter salary in Grand Forks, ND is $68,517 per year, which is 12% below the national median and 2.2% below the North Dakota state average.

City Median
$68,517
vs State Avg
$-1,557
vs National
$-9,343
Cost of Living
88%

Insurance Underwriter Pay in Grand Forks: What to Expect (2026)

Grand Forks offers a median insurance underwriter salary of $68,517, which is $1,557 below the North Dakota state average of $70,074. Compared to the national median of $77,860, Grand Forks pays below the national benchmark for this role.

One of Grand Forks's biggest advantages is its low cost of living at 88% of the national average. This means the $68,517 salary stretches further here — equivalent to roughly $77,860 in an average-cost city. This makes Grand Forks an attractive option for insurance underwriters seeking strong real-dollar compensation.

The salary range for insurance underwriters in Grand Forks spans from $42,768 at the 10th percentile to $111,232 at the 90th percentile — a $68,464 spread. Entry-level professionals start around $44,000, while senior insurance underwriters with 8+ years of experience can earn up to $101,200. Grand Forks is a smaller market (pop. 56,588), which may mean fewer openings but also less competition for available positions.

Insurance Underwriter Salary in Grand Forks by Experience

In Grand Forks, an entry-level insurance underwriter earns around $44,000, while experienced professionals earn up to $101,200 per year. The local cost of living index is 88% of the national average.

Entry Level (0-2 yrs)
$44,000
$-6,000 vs national
Mid Level (3-7 yrs)
$68,640
$-9,360 vs national
Senior Level (8+ yrs)
$101,200
$-13,800 vs national

Salary Percentiles in Grand Forks, ND

Percentile Grand Forks
10th Percentile $42,768
25th Percentile $53,856
Median (50th) $68,517
75th Percentile $88,000
90th Percentile $111,232

Insurance Underwriter Salary in Other North Dakota Cities

How to Become a Insurance Underwriter in Grand Forks

Education

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

Find Insurance Underwriter Jobs in Grand Forks

Browse open insurance underwriter positions in Grand Forks, ND:

Frequently Asked Questions: Insurance Underwriter Salary in Grand Forks

How much does a Insurance Underwriter make in Grand Forks, ND? ▼
The median insurance underwriter salary in Grand Forks, North Dakota is $68,517 per year, which is 12% below the national median of $77,860. Salaries range from $42,768 (10th percentile) to $111,232 (90th percentile).
How much does a Insurance Underwriter make per hour in Grand Forks? ▼
Based on the median annual salary of $68,517, a insurance underwriter in Grand Forks earns approximately $33 per hour assuming a standard 2,080-hour work year.
How does Grand Forks compare to the North Dakota state average for insurance underwriter pay? ▼
Grand Forks's median insurance underwriter salary of $68,517 is 2.2% below the North Dakota state average of $70,074. The local cost of living index is 88% of the national average.
What is the cost of living in Grand Forks, ND? ▼
Grand Forks has a cost of living index of 88% compared to the national average. This means a insurance underwriter salary of $68,517 in Grand Forks has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Grand Forks? ▼
Most insurance underwriter positions in Grand Forks 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.