Business & Finance Cranston, RI Pop. 82,934

Insurance Underwriter Salary in Cranston, Rhode Island

The median insurance underwriter salary in Cranston, RI is $79,417 per year, which is 2.0% above the national median and 4.7% below the Rhode Island state average.

City Median
$79,417
vs State Avg
$-3,893
vs National
+$1,557
Cost of Living
100%

Insurance Underwriter Salary in Cranston by Experience

In Cranston, an entry-level insurance underwriter earns around $51,000, while experienced professionals earn up to $117,300 per year. The local cost of living index is 100% of the national average.

Entry Level (0-2 yrs)
$51,000
+$1,000 vs national
Mid Level (3-7 yrs)
$79,560
+$1,560 vs national
Senior Level (8+ yrs)
$117,300
+$2,300 vs national

Salary Percentiles in Cranston, RI

Percentile Cranston
10th Percentile $49,572
25th Percentile $62,424
Median (50th) $79,417
75th Percentile $102,000
90th Percentile $128,928

Insurance Underwriter Salary in Other Rhode Island Cities

How to Become a Insurance Underwriter in Cranston

Education

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