Business & Finance Minot, ND
Pop. 48,639
Insurance Underwriter Salary in Minot, North Dakota
The median insurance underwriter salary in Minot, ND is $71,631 per year, which is 8% below the national median and 2.2% above the North Dakota state average.
City Median
$71,631
vs State Avg
+$1,557
vs National
$-6,229
Cost of Living
92%
Insurance Underwriter Salary in Minot by Experience
In Minot, an entry-level insurance underwriter earns around $46,000, while experienced professionals earn up to $105,800 per year. The local cost of living index is 92% of the national average.
Entry Level (0-2 yrs)
$46,000
$-4,000 vs national
Mid Level (3-7 yrs)
$71,760
$-6,240 vs national
Senior Level (8+ yrs)
$105,800
$-9,200 vs national
Salary Percentiles in Minot, ND
| Percentile | Minot |
|---|---|
| 10th Percentile | $44,712 |
| 25th Percentile | $56,304 |
| Median (50th) | $71,631 |
| 75th Percentile | $92,000 |
| 90th Percentile | $116,288 |
Insurance Underwriter Salary in Other North Dakota Cities
How to Become a Insurance Underwriter in Minot
Education
Most insurance underwriter positions require a bachelor's degree. Minot 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 Minot may vary based on local industry and population growth.