Business & Finance Akron, OH
Pop. 190,469
Insurance Underwriter Salary in Akron, Ohio
The median insurance underwriter salary in Akron, OH is $65,402 per year, which is 16% below the national median and 6.7% below the Ohio state average.
City Median
$65,402
vs State Avg
$-4,672
vs National
$-12,458
Cost of Living
84%
Insurance Underwriter Salary in Akron by Experience
In Akron, an entry-level insurance underwriter earns around $42,000, while experienced professionals earn up to $96,600 per year. The local cost of living index is 84% of the national average.
Entry Level (0-2 yrs)
$42,000
$-8,000 vs national
Mid Level (3-7 yrs)
$65,520
$-12,480 vs national
Senior Level (8+ yrs)
$96,600
$-18,400 vs national
Salary Percentiles in Akron, OH
| Percentile | Akron |
|---|---|
| 10th Percentile | $40,824 |
| 25th Percentile | $51,408 |
| Median (50th) | $65,402 |
| 75th Percentile | $84,000 |
| 90th Percentile | $106,176 |
Insurance Underwriter Salary in Other Ohio Cities
How to Become a Insurance Underwriter in Akron
Education
Most insurance underwriter positions require a bachelor's degree. Akron and the surrounding Ohio 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 Akron may vary based on local industry and population growth.