Business & Finance Oklahoma (OK) Rank #47 of 50

Insurance Underwriter Salary in Oklahoma

The median insurance underwriter salary in Oklahoma is $66,960 per year, which is 14% below the national median of $77,860.

Median Salary
$66,960
vs National
$-10,900
State Rank
#47 of 50
Cost of Living
86%

Insurance Underwriter Salary Overview in Oklahoma (2026)

Oklahoma ranks #47 out of 50 states for insurance underwriter compensation. Insurance Underwriter salaries in Oklahoma are below the national median, though the lower cost of living can offset the difference. At $66,960 per year, insurance underwriters in Oklahoma earn $10,900 less than the national median of $77,860.

A key advantage of working in Oklahoma is its below-average cost of living (86% of the national index). This means the $66,960 salary has the purchasing power of roughly $77,860 in an average-cost area.

The salary spread in Oklahoma is significant: insurance underwriters at the 10th percentile earn $41,796, while those at the 90th percentile bring home $108,704 — a $66,908 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Oklahoma for this role is Edmond, where the median reaches $71,631.

Nationally, insurance underwriter employment is projected to grow -2% over the next decade (decline). Despite slower growth nationally, experienced insurance underwriters with in-demand specializations continue to command strong salaries.

Insurance Underwriter Salary in Oklahoma by Experience

In Oklahoma, an entry-level insurance underwriter earns around $43,000, while experienced professionals earn up to $98,900 per year. The cost of living index in Oklahoma 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

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Salary Percentiles in Oklahoma

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

Insurance Underwriter Salary by City in Oklahoma

The largest employment areas for insurance underwriters in Oklahoma include Oklahoma City, Tulsa, Norman, and Broken Arrow. Salaries vary by city based on local cost of living and demand.

How to Become a Insurance Underwriter in Oklahoma

Education

Most insurance underwriter positions require a bachelor's degree. Oklahoma has several accredited institutions offering relevant programs.

Key Skills

Risk AssessmentAnalytical SkillsInsurance RegulationsUnderwriting SoftwareDecision-MakingAttention to Detail

Job Outlook in Oklahoma

Nationally, insurance underwriter employment is projected to grow -2% over the next decade (decline). Oklahoma's demand may vary based on local industry trends.

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Frequently Asked Questions: Insurance Underwriter Salary in Oklahoma

How much does a Insurance Underwriter make in Oklahoma? ▼
The median insurance underwriter salary in Oklahoma 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 Oklahoma? ▼
Based on the median annual salary of $66,960, a insurance underwriter in Oklahoma earns approximately $32 per hour assuming a standard 2,080-hour work year.
Is Oklahoma a good state for insurance underwriters? ▼
Oklahoma ranks #47 out of 50 states for insurance underwriter pay. The cost of living index is 86% of the national average. Entry-level insurance underwriters earn $43,000, while senior professionals earn $98,900.
How does Oklahoma compare to other states for insurance underwriter salary? ▼
The highest paying state for insurance underwriters is Hawaii at $132,362. Oklahoma's median of $66,960 ranks #47 nationally. Nearby-ranked states include Kansas ($67,738) and Kentucky ($67,738).
What is the entry-level insurance underwriter salary in Oklahoma? ▼
An entry-level insurance underwriter in Oklahoma earns approximately $43,000 per year. With 3-7 years of experience, pay increases to around $67,080. Senior-level professionals with 8+ years earn up to $98,900.
What city in Oklahoma pays insurance underwriters the most? ▼
Edmond is the highest paying city in Oklahoma for insurance underwriters, with a median salary of $71,631. Other cities include Oklahoma City and Tulsa.