Business & Finance Broken Arrow, OK Pop. 113,540

Insurance Underwriter Salary in Broken Arrow, Oklahoma

The median insurance underwriter salary in Broken Arrow, OK is $68,517 per year, which is 12% below the national median and 2.3% above the Oklahoma state average.

City Median
$68,517
vs State Avg
+$1,557
vs National
$-9,343
Cost of Living
88%

Insurance Underwriter Salary in Broken Arrow by Experience

In Broken Arrow, an entry-level insurance underwriter earns around $44,000, while experienced professionals earn up to $101,200 per year. The local cost of living index is 88% of the national average.

Entry Level (0-2 yrs)
$44,000
$-6,000 vs national
Mid Level (3-7 yrs)
$68,640
$-9,360 vs national
Senior Level (8+ yrs)
$101,200
$-13,800 vs national

Salary Percentiles in Broken Arrow, OK

Percentile Broken Arrow
10th Percentile $42,768
25th Percentile $53,856
Median (50th) $68,517
75th Percentile $88,000
90th Percentile $111,232

Insurance Underwriter Salary in Other Oklahoma Cities

How to Become a Insurance Underwriter in Broken Arrow

Education

Most insurance underwriter positions require a bachelor's degree. Broken Arrow and the surrounding Oklahoma 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 Broken Arrow may vary based on local industry and population growth.

Find Insurance Underwriter Jobs in Broken Arrow

Browse open insurance underwriter positions in Broken Arrow, OK:

Frequently Asked Questions: Insurance Underwriter Salary in Broken Arrow

How much does a Insurance Underwriter make in Broken Arrow, OK?
The median insurance underwriter salary in Broken Arrow, Oklahoma is $68,517 per year, which is 12% below the national median of $77,860. Salaries range from $42,768 (10th percentile) to $111,232 (90th percentile).
How much does a Insurance Underwriter make per hour in Broken Arrow?
Based on the median annual salary of $68,517, a insurance underwriter in Broken Arrow earns approximately $33 per hour assuming a standard 2,080-hour work year.
How does Broken Arrow compare to the Oklahoma state average for insurance underwriter pay?
Broken Arrow's median insurance underwriter salary of $68,517 is 2.3% above the Oklahoma state average of $66,960. The local cost of living index is 88% of the national average.
What is the cost of living in Broken Arrow, OK?
Broken Arrow has a cost of living index of 88% compared to the national average. This means a insurance underwriter salary of $68,517 in Broken Arrow has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Broken Arrow?
Most insurance underwriter positions in Broken Arrow 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.