Business & Finance Erie, PA Pop. 94,831

Insurance Underwriter Salary in Erie, Pennsylvania

The median insurance underwriter salary in Erie, PA is $68,517 per year, which is 12% below the national median and 12% below the Pennsylvania state average.

City Median
$68,517
vs State Avg
$-9,343
vs National
$-9,343
Cost of Living
84%

Insurance Underwriter Salary in Erie by Experience

In Erie, 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 84% 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 Erie, PA

Percentile Erie
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 Pennsylvania Cities

How to Become a Insurance Underwriter in Erie

Education

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

Find Insurance Underwriter Jobs in Erie

Browse open insurance underwriter positions in Erie, PA:

Frequently Asked Questions: Insurance Underwriter Salary in Erie

How much does a Insurance Underwriter make in Erie, PA?
The median insurance underwriter salary in Erie, Pennsylvania 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 Erie?
Based on the median annual salary of $68,517, a insurance underwriter in Erie earns approximately $33 per hour assuming a standard 2,080-hour work year.
How does Erie compare to the Pennsylvania state average for insurance underwriter pay?
Erie's median insurance underwriter salary of $68,517 is 12% below the Pennsylvania state average of $77,860. The local cost of living index is 84% of the national average.
What is the cost of living in Erie, PA?
Erie has a cost of living index of 84% compared to the national average. This means a insurance underwriter salary of $68,517 in Erie has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Erie?
Most insurance underwriter positions in Erie 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.