Business & Finance South Carolina (SC) Rank #40 of 50

Insurance Underwriter Salary in South Carolina

The median insurance underwriter salary in South Carolina is $69,295 per year, which is 11% below the national median of $77,860.

Median Salary
$69,295
vs National
$-8,565
State Rank
#40 of 50
Cost of Living
89%

Insurance Underwriter Salary in South Carolina by Experience

In South Carolina, an entry-level insurance underwriter earns around $44,500, while experienced professionals earn up to $102,350 per year. The cost of living index in South Carolina is 89% of the national average.

Entry Level (0-2 yrs)
$44,500
$-5,500 vs national
Mid Level (3-7 yrs)
$69,420
$-8,580 vs national
Senior Level (8+ yrs)
$102,350
$-12,650 vs national

Salary Percentiles in South Carolina

Percentile SC Salary
10th Percentile $43,254
25th Percentile $54,468
Median (50th) $69,295
75th Percentile $89,000
90th Percentile $112,496

Major Cities for Insurance Underwriters in South Carolina

The largest employment areas for insurance underwriters in South Carolina include Charleston, Columbia, Greenville, and North Charleston. Salaries in major metro areas may be higher due to increased demand and cost of living.

Charleston, SC
Metro area for insurance underwriter employment
Columbia, SC
Metro area for insurance underwriter employment
Greenville, SC
Metro area for insurance underwriter employment
North Charleston, SC
Metro area for insurance underwriter employment
Mount Pleasant, SC
Metro area for insurance underwriter employment

How to Become a Insurance Underwriter in South Carolina

Education

Most insurance underwriter positions require a bachelor's degree. South Carolina has several accredited institutions offering relevant programs.

Key Skills

Risk AssessmentAnalytical SkillsInsurance RegulationsUnderwriting SoftwareDecision-MakingAttention to Detail

Job Outlook in South Carolina

Nationally, insurance underwriter employment is projected to grow -2% over the next decade (decline). South Carolina's demand may vary based on local industry trends.