Business & Finance Norman, OK Pop. 128,026

Insurance Underwriter Salary in Norman, Oklahoma

The median insurance underwriter salary in Norman, 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 Pay in Norman: What to Expect (2026)

Norman offers a median insurance underwriter salary of $68,517, which is $1,557 above the Oklahoma state average of $66,960. Compared to the national median of $77,860, Norman pays below the national benchmark for this role.

One of Norman's biggest advantages is its low cost of living at 88% of the national average. This means the $68,517 salary stretches further here — equivalent to roughly $77,860 in an average-cost city. This makes Norman an attractive option for insurance underwriters seeking strong real-dollar compensation.

The salary range for insurance underwriters in Norman spans from $42,768 at the 10th percentile to $111,232 at the 90th percentile — a $68,464 spread. Entry-level professionals start around $44,000, while senior insurance underwriters with 8+ years of experience can earn up to $101,200. With a population of 128,026, Norman is a mid-sized metro with a growing job market.

Insurance Underwriter Salary in Norman by Experience

In Norman, 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 Norman, OK

Percentile Norman
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 Norman

Education

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

Find Insurance Underwriter Jobs in Norman

Browse open insurance underwriter positions in Norman, OK:

Frequently Asked Questions: Insurance Underwriter Salary in Norman

How much does a Insurance Underwriter make in Norman, OK? ▼
The median insurance underwriter salary in Norman, 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 Norman? ▼
Based on the median annual salary of $68,517, a insurance underwriter in Norman earns approximately $33 per hour assuming a standard 2,080-hour work year.
How does Norman compare to the Oklahoma state average for insurance underwriter pay? ▼
Norman'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 Norman, OK? ▼
Norman has a cost of living index of 88% compared to the national average. This means a insurance underwriter salary of $68,517 in Norman has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Norman? ▼
Most insurance underwriter positions in Norman 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.