Business & Finance Reading, PA Pop. 95,112

Insurance Underwriter Salary in Reading, Pennsylvania

The median insurance underwriter salary in Reading, PA is $71,631 per year, which is 8% below the national median and 8% below the Pennsylvania state average.

City Median
$71,631
vs State Avg
$-6,229
vs National
$-6,229
Cost of Living
88%

Insurance Underwriter Salary in Reading by Experience

In Reading, 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 88% 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 Reading, PA

Percentile Reading
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 Pennsylvania Cities

How to Become a Insurance Underwriter in Reading

Education

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

Find Insurance Underwriter Jobs in Reading

Browse open insurance underwriter positions in Reading, PA:

Frequently Asked Questions: Insurance Underwriter Salary in Reading

How much does a Insurance Underwriter make in Reading, PA?
The median insurance underwriter salary in Reading, Pennsylvania 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 Reading?
Based on the median annual salary of $71,631, a insurance underwriter in Reading earns approximately $34 per hour assuming a standard 2,080-hour work year.
How does Reading compare to the Pennsylvania state average for insurance underwriter pay?
Reading's median insurance underwriter salary of $71,631 is 8% below the Pennsylvania state average of $77,860. The local cost of living index is 88% of the national average.
What is the cost of living in Reading, PA?
Reading has a cost of living index of 88% compared to the national average. This means a insurance underwriter salary of $71,631 in Reading has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Reading?
Most insurance underwriter positions in Reading 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.