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.