Insurance Underwriter Salary in South Dakota
The median insurance underwriter salary in South Dakota is $68,517 per year, which is 12% below the national median of $77,860.
Insurance Underwriter Salary in South Dakota by Experience
In South Dakota, an entry-level insurance underwriter earns around $44,000, while experienced professionals earn up to $101,200 per year. The cost of living index in South Dakota is 88% of the national average.
Salary Percentiles in South Dakota
| Percentile | SD Salary |
|---|---|
| 10th Percentile | $42,768 |
| 25th Percentile | $53,856 |
| Median (50th) | $68,517 |
| 75th Percentile | $88,000 |
| 90th Percentile | $111,232 |
Major Cities for Insurance Underwriters in South Dakota
The largest employment areas for insurance underwriters in South Dakota include Sioux Falls, Rapid City, Aberdeen, and Brookings. Salaries in major metro areas may be higher due to increased demand and cost of living.
How to Become a Insurance Underwriter in South Dakota
Education
Most insurance underwriter positions require a bachelor's degree. South Dakota has several accredited institutions offering relevant programs.
Key Skills
Job Outlook in South Dakota
Nationally, insurance underwriter employment is projected to grow -2% over the next decade (decline). South Dakota's demand may vary based on local industry trends.