Business & Finance Aberdeen, SD Pop. 28,324

Insurance Underwriter Salary in Aberdeen, South Dakota

The median insurance underwriter salary in Aberdeen, SD is $65,402 per year, which is 16% below the national median and 4.5% below the South Dakota state average.

City Median
$65,402
vs State Avg
$-3,115
vs National
$-12,458
Cost of Living
84%

Insurance Underwriter Salary in Aberdeen by Experience

In Aberdeen, an entry-level insurance underwriter earns around $42,000, while experienced professionals earn up to $96,600 per year. The local cost of living index is 84% of the national average.

Entry Level (0-2 yrs)
$42,000
$-8,000 vs national
Mid Level (3-7 yrs)
$65,520
$-12,480 vs national
Senior Level (8+ yrs)
$96,600
$-18,400 vs national

Salary Percentiles in Aberdeen, SD

Percentile Aberdeen
10th Percentile $40,824
25th Percentile $51,408
Median (50th) $65,402
75th Percentile $84,000
90th Percentile $106,176

Insurance Underwriter Salary in Other South Dakota Cities

Sioux Falls, SD
$71,631
Pop. 192,517
Rapid City, SD
$70,074
Pop. 74,703
Brookings, SD
$66,960
Pop. 24,194
Mitchell, SD
$63,845
Pop. 15,660

How to Become a Insurance Underwriter in Aberdeen

Education

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

Find Insurance Underwriter Jobs in Aberdeen

Browse open insurance underwriter positions in Aberdeen, SD:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Insurance Underwriter Salary in Aberdeen

How much does a Insurance Underwriter make in Aberdeen, SD? ▼
The median insurance underwriter salary in Aberdeen, South Dakota is $65,402 per year, which is 16% below the national median of $77,860. Salaries range from $40,824 (10th percentile) to $106,176 (90th percentile).
How much does a Insurance Underwriter make per hour in Aberdeen? ▼
Based on the median annual salary of $65,402, a insurance underwriter in Aberdeen earns approximately $31 per hour assuming a standard 2,080-hour work year.
How does Aberdeen compare to the South Dakota state average for insurance underwriter pay? ▼
Aberdeen's median insurance underwriter salary of $65,402 is 4.5% below the South Dakota state average of $68,517. The local cost of living index is 84% of the national average.
What is the cost of living in Aberdeen, SD? ▼
Aberdeen has a cost of living index of 84% compared to the national average. This means a insurance underwriter salary of $65,402 in Aberdeen has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Aberdeen? ▼
Most insurance underwriter positions in Aberdeen 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.