Business & Finance West Fargo, ND Pop. 38,626

Insurance Underwriter Salary in West Fargo, North Dakota

The median insurance underwriter salary in West Fargo, ND is $72,410 per year, which is 7% below the national median and 3.3% above the North Dakota state average.

City Median
$72,410
vs State Avg
+$2,336
vs National
$-5,450
Cost of Living
93%

Insurance Underwriter Salary in West Fargo by Experience

In West Fargo, an entry-level insurance underwriter earns around $46,500, while experienced professionals earn up to $106,950 per year. The local cost of living index is 93% of the national average.

Entry Level (0-2 yrs)
$46,500
$-3,500 vs national
Mid Level (3-7 yrs)
$72,540
$-5,460 vs national
Senior Level (8+ yrs)
$106,950
$-8,050 vs national

Salary Percentiles in West Fargo, ND

Percentile West Fargo
10th Percentile $45,198
25th Percentile $56,916
Median (50th) $72,410
75th Percentile $93,000
90th Percentile $117,552

Insurance Underwriter Salary in Other North Dakota Cities

How to Become a Insurance Underwriter in West Fargo

Education

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

Find Insurance Underwriter Jobs in West Fargo

Browse open insurance underwriter positions in West Fargo, ND:

Frequently Asked Questions: Insurance Underwriter Salary in West Fargo

How much does a Insurance Underwriter make in West Fargo, ND?
The median insurance underwriter salary in West Fargo, North Dakota is $72,410 per year, which is 7% below the national median of $77,860. Salaries range from $45,198 (10th percentile) to $117,552 (90th percentile).
How much does a Insurance Underwriter make per hour in West Fargo?
Based on the median annual salary of $72,410, a insurance underwriter in West Fargo earns approximately $35 per hour assuming a standard 2,080-hour work year.
How does West Fargo compare to the North Dakota state average for insurance underwriter pay?
West Fargo's median insurance underwriter salary of $72,410 is 3.3% above the North Dakota state average of $70,074. The local cost of living index is 93% of the national average.
What is the cost of living in West Fargo, ND?
West Fargo has a cost of living index of 93% compared to the national average. This means a insurance underwriter salary of $72,410 in West Fargo has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in West Fargo?
Most insurance underwriter positions in West Fargo 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.