Business & Finance Edmond, OK Pop. 94,054

Insurance Underwriter Salary in Edmond, Oklahoma

The median insurance underwriter salary in Edmond, OK is $71,631 per year, which is 8% below the national median and 7.0% above the Oklahoma state average.

City Median
$71,631
vs State Avg
+$4,671
vs National
$-6,229
Cost of Living
92%

Insurance Underwriter Salary in Edmond by Experience

In Edmond, an entry-level insurance underwriter earns around $46,000, while experienced professionals earn up to $105,800 per year. The local cost of living index is 92% of the national average.

Entry Level (0-2 yrs)
$46,000
$-4,000 vs national
Mid Level (3-7 yrs)
$71,760
$-6,240 vs national
Senior Level (8+ yrs)
$105,800
$-9,200 vs national

Salary Percentiles in Edmond, OK

Percentile Edmond
10th Percentile $44,712
25th Percentile $56,304
Median (50th) $71,631
75th Percentile $92,000
90th Percentile $116,288

Insurance Underwriter Salary in Other Oklahoma Cities

How to Become a Insurance Underwriter in Edmond

Education

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

Find Insurance Underwriter Jobs in Edmond

Browse open insurance underwriter positions in Edmond, OK:

Frequently Asked Questions: Insurance Underwriter Salary in Edmond

How much does a Insurance Underwriter make in Edmond, OK?
The median insurance underwriter salary in Edmond, Oklahoma is $71,631 per year, which is 8% below the national median of $77,860. Salaries range from $44,712 (10th percentile) to $116,288 (90th percentile).
How much does a Insurance Underwriter make per hour in Edmond?
Based on the median annual salary of $71,631, a insurance underwriter in Edmond earns approximately $34 per hour assuming a standard 2,080-hour work year.
How does Edmond compare to the Oklahoma state average for insurance underwriter pay?
Edmond's median insurance underwriter salary of $71,631 is 7.0% above the Oklahoma state average of $66,960. The local cost of living index is 92% of the national average.
What is the cost of living in Edmond, OK?
Edmond has a cost of living index of 92% compared to the national average. This means a insurance underwriter salary of $71,631 in Edmond has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Edmond?
Most insurance underwriter positions in Edmond 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.