Business & Finance Oklahoma City, OK Pop. 681,054

Insurance Underwriter Salary in Oklahoma City, Oklahoma

The median insurance underwriter salary in Oklahoma City, 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 Oklahoma City: What to Expect (2026)

Oklahoma City 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, Oklahoma City pays below the national benchmark for this role.

One of Oklahoma City'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 Oklahoma City an attractive option for insurance underwriters seeking strong real-dollar compensation.

The salary range for insurance underwriters in Oklahoma City 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. As a major metro area with a population of 681,054, Oklahoma City typically offers more job opportunities and employer competition, which can drive salaries higher.

Insurance Underwriter Salary in Oklahoma City by Experience

In Oklahoma City, 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 Oklahoma City, OK

Percentile Oklahoma City
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 Oklahoma City

Education

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

Find Insurance Underwriter Jobs in Oklahoma City

Browse open insurance underwriter positions in Oklahoma City, OK:

Frequently Asked Questions: Insurance Underwriter Salary in Oklahoma City

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