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

Columbus, OH
$73,967
Pop. 905,748
Cincinnati, OH
$70,074
Pop. 309,317
Cleveland, OH
$66,960
Pop. 372,624
Toledo, OH
$63,845
Pop. 270,871

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.

Find Insurance Underwriter Jobs in Akron

Browse open insurance underwriter positions in Akron, OH:

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Frequently Asked Questions: Insurance Underwriter Salary in Akron

How much does a Insurance Underwriter make in Akron, OH? ▼
The median insurance underwriter salary in Akron, Ohio is $65,402 per year, which is 16% below the national median of $77,860. Salaries range from $40,824 (10th percentile) to $106,176 (90th percentile).
How much does a Insurance Underwriter make per hour in Akron? ▼
Based on the median annual salary of $65,402, a insurance underwriter in Akron earns approximately $31 per hour assuming a standard 2,080-hour work year.
How does Akron compare to the Ohio state average for insurance underwriter pay? ▼
Akron's median insurance underwriter salary of $65,402 is 6.7% below the Ohio state average of $70,074. The local cost of living index is 84% of the national average.
What is the cost of living in Akron, OH? ▼
Akron has a cost of living index of 84% compared to the national average. This means a insurance underwriter salary of $65,402 in Akron has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Akron? ▼
Most insurance underwriter positions in Akron 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.