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 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

Fargo, ND
$73,188
Pop. 125,990
West Fargo, ND
$72,410
Pop. 38,626
Minot, ND
$71,631
Pop. 48,639
Bismarck, ND
$70,074
Pop. 73,529

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:

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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.