Business & Finance Charleston, SC Pop. 150,227

Insurance Underwriter Salary in Charleston, South Carolina

The median insurance underwriter salary in Charleston, SC is $77,860 per year, which is 0.0% above the national median and 12.4% above the South Carolina state average.

City Median
$77,860
vs State Avg
+$8,565
vs National
+$0
Cost of Living
100%

Insurance Underwriter Salary in Charleston by Experience

In Charleston, an entry-level insurance underwriter earns around $50,000, while experienced professionals earn up to $115,000 per year. The local cost of living index is 100% of the national average.

Entry Level (0-2 yrs)
$50,000
+$0 vs national
Mid Level (3-7 yrs)
$78,000
+$0 vs national
Senior Level (8+ yrs)
$115,000
+$0 vs national

Salary Percentiles in Charleston, SC

Percentile Charleston
10th Percentile $48,600
25th Percentile $61,200
Median (50th) $77,860
75th Percentile $100,000
90th Percentile $126,400

Insurance Underwriter Salary in Other South Carolina Cities

How to Become a Insurance Underwriter in Charleston

Education

Most insurance underwriter positions require a bachelor's degree. Charleston and the surrounding South Carolina 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 Charleston may vary based on local industry and population growth.

Find Insurance Underwriter Jobs in Charleston

Browse open insurance underwriter positions in Charleston, SC:

Frequently Asked Questions: Insurance Underwriter Salary in Charleston

How much does a Insurance Underwriter make in Charleston, SC?
The median insurance underwriter salary in Charleston, South Carolina is $77,860 per year, which is 0.0% above the national median of $77,860. Salaries range from $48,600 (10th percentile) to $126,400 (90th percentile).
How much does a Insurance Underwriter make per hour in Charleston?
Based on the median annual salary of $77,860, a insurance underwriter in Charleston earns approximately $37 per hour assuming a standard 2,080-hour work year.
How does Charleston compare to the South Carolina state average for insurance underwriter pay?
Charleston's median insurance underwriter salary of $77,860 is 12.4% above the South Carolina state average of $69,295. The local cost of living index is 100% of the national average.
What is the cost of living in Charleston, SC?
Charleston has a cost of living index of 100% compared to the national average. This means a insurance underwriter salary of $77,860 in Charleston has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Charleston?
Most insurance underwriter positions in Charleston 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.