Business & Finance Cleveland, OH Pop. 372,624

Insurance Underwriter Salary in Cleveland, Ohio

The median insurance underwriter salary in Cleveland, OH is $66,960 per year, which is 14% below the national median and 4.4% below the Ohio state average.

City Median
$66,960
vs State Avg
$-3,114
vs National
$-10,900
Cost of Living
86%

Insurance Underwriter Salary in Cleveland by Experience

In Cleveland, an entry-level insurance underwriter earns around $43,000, while experienced professionals earn up to $98,900 per year. The local cost of living index is 86% of the national average.

Entry Level (0-2 yrs)
$43,000
$-7,000 vs national
Mid Level (3-7 yrs)
$67,080
$-10,920 vs national
Senior Level (8+ yrs)
$98,900
$-16,100 vs national

Salary Percentiles in Cleveland, OH

Percentile Cleveland
10th Percentile $41,796
25th Percentile $52,632
Median (50th) $66,960
75th Percentile $86,000
90th Percentile $108,704

Insurance Underwriter Salary in Other Ohio Cities

Columbus, OH
$73,967
Pop. 905,748
Cincinnati, OH
$70,074
Pop. 309,317
Akron, OH
$65,402
Pop. 190,469
Toledo, OH
$63,845
Pop. 270,871

How to Become a Insurance Underwriter in Cleveland

Education

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

Find Insurance Underwriter Jobs in Cleveland

Browse open insurance underwriter positions in Cleveland, OH:

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Frequently Asked Questions: Insurance Underwriter Salary in Cleveland

How much does a Insurance Underwriter make in Cleveland, OH? ▼
The median insurance underwriter salary in Cleveland, Ohio is $66,960 per year, which is 14% below the national median of $77,860. Salaries range from $41,796 (10th percentile) to $108,704 (90th percentile).
How much does a Insurance Underwriter make per hour in Cleveland? ▼
Based on the median annual salary of $66,960, a insurance underwriter in Cleveland earns approximately $32 per hour assuming a standard 2,080-hour work year.
How does Cleveland compare to the Ohio state average for insurance underwriter pay? ▼
Cleveland's median insurance underwriter salary of $66,960 is 4.4% below the Ohio state average of $70,074. The local cost of living index is 86% of the national average.
What is the cost of living in Cleveland, OH? ▼
Cleveland has a cost of living index of 86% compared to the national average. This means a insurance underwriter salary of $66,960 in Cleveland has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Cleveland? ▼
Most insurance underwriter positions in Cleveland 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.