Business & Finance Pawtucket, RI Pop. 75,604

Insurance Underwriter Salary in Pawtucket, Rhode Island

The median insurance underwriter salary in Pawtucket, RI is $76,303 per year, which is 2% below the national median and 8.4% below the Rhode Island state average.

City Median
$76,303
vs State Avg
$-7,007
vs National
$-1,557
Cost of Living
96%

Insurance Underwriter Salary in Pawtucket by Experience

In Pawtucket, an entry-level insurance underwriter earns around $49,000, while experienced professionals earn up to $112,700 per year. The local cost of living index is 96% of the national average.

Entry Level (0-2 yrs)
$49,000
$-1,000 vs national
Mid Level (3-7 yrs)
$76,440
$-1,560 vs national
Senior Level (8+ yrs)
$112,700
$-2,300 vs national

Salary Percentiles in Pawtucket, RI

Percentile Pawtucket
10th Percentile $47,628
25th Percentile $59,976
Median (50th) $76,303
75th Percentile $98,000
90th Percentile $123,872

Insurance Underwriter Salary in Other Rhode Island Cities

Providence, RI
$85,646
Pop. 190,934
Warwick, RI
$80,974
Pop. 82,823
Cranston, RI
$79,417
Pop. 82,934
East Providence, RI
$77,860
Pop. 47,139

How to Become a Insurance Underwriter in Pawtucket

Education

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

Find Insurance Underwriter Jobs in Pawtucket

Browse open insurance underwriter positions in Pawtucket, RI:

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Frequently Asked Questions: Insurance Underwriter Salary in Pawtucket

How much does a Insurance Underwriter make in Pawtucket, RI? ▼
The median insurance underwriter salary in Pawtucket, Rhode Island is $76,303 per year, which is 2% below the national median of $77,860. Salaries range from $47,628 (10th percentile) to $123,872 (90th percentile).
How much does a Insurance Underwriter make per hour in Pawtucket? ▼
Based on the median annual salary of $76,303, a insurance underwriter in Pawtucket earns approximately $37 per hour assuming a standard 2,080-hour work year.
How does Pawtucket compare to the Rhode Island state average for insurance underwriter pay? ▼
Pawtucket's median insurance underwriter salary of $76,303 is 8.4% below the Rhode Island state average of $83,310. The local cost of living index is 96% of the national average.
What is the cost of living in Pawtucket, RI? ▼
Pawtucket has a cost of living index of 96% compared to the national average. This means a insurance underwriter salary of $76,303 in Pawtucket has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Pawtucket? ▼
Most insurance underwriter positions in Pawtucket 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.