Business & Finance Warwick, RI Pop. 82,823

Insurance Underwriter Salary in Warwick, Rhode Island

The median insurance underwriter salary in Warwick, RI is $80,974 per year, which is 4.0% above the national median and 2.8% below the Rhode Island state average.

City Median
$80,974
vs State Avg
$-2,336
vs National
+$3,114
Cost of Living
102%

Insurance Underwriter Salary in Warwick by Experience

In Warwick, an entry-level insurance underwriter earns around $52,000, while experienced professionals earn up to $119,600 per year. The local cost of living index is 102% of the national average.

Entry Level (0-2 yrs)
$52,000
+$2,000 vs national
Mid Level (3-7 yrs)
$81,120
+$3,120 vs national
Senior Level (8+ yrs)
$119,600
+$4,600 vs national

Salary Percentiles in Warwick, RI

Percentile Warwick
10th Percentile $50,544
25th Percentile $63,648
Median (50th) $80,974
75th Percentile $104,000
90th Percentile $131,456

Insurance Underwriter Salary in Other Rhode Island Cities

Providence, RI
$85,646
Pop. 190,934
Cranston, RI
$79,417
Pop. 82,934
East Providence, RI
$77,860
Pop. 47,139
Pawtucket, RI
$76,303
Pop. 75,604

How to Become a Insurance Underwriter in Warwick

Education

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

Find Insurance Underwriter Jobs in Warwick

Browse open insurance underwriter positions in Warwick, RI:

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Frequently Asked Questions: Insurance Underwriter Salary in Warwick

How much does a Insurance Underwriter make in Warwick, RI? ▼
The median insurance underwriter salary in Warwick, Rhode Island is $80,974 per year, which is 4.0% above the national median of $77,860. Salaries range from $50,544 (10th percentile) to $131,456 (90th percentile).
How much does a Insurance Underwriter make per hour in Warwick? ▼
Based on the median annual salary of $80,974, a insurance underwriter in Warwick earns approximately $39 per hour assuming a standard 2,080-hour work year.
How does Warwick compare to the Rhode Island state average for insurance underwriter pay? ▼
Warwick's median insurance underwriter salary of $80,974 is 2.8% below the Rhode Island state average of $83,310. The local cost of living index is 102% of the national average.
What is the cost of living in Warwick, RI? ▼
Warwick has a cost of living index of 102% compared to the national average. This means a insurance underwriter salary of $80,974 in Warwick has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Warwick? ▼
Most insurance underwriter positions in Warwick 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.