Business & Finance Brookings, SD Pop. 24,194

Insurance Underwriter Salary in Brookings, South Dakota

The median insurance underwriter salary in Brookings, SD is $66,960 per year, which is 14% below the national median and 2.3% below the South Dakota state average.

City Median
$66,960
vs State Avg
$-1,557
vs National
$-10,900
Cost of Living
86%

Insurance Underwriter Salary in Brookings by Experience

In Brookings, an entry-level insurance underwriter earns around $43,000, while experienced professionals earn up to $98,900 per year. The local cost of living index is 86% of the national average.

Entry Level (0-2 yrs)
$43,000
$-7,000 vs national
Mid Level (3-7 yrs)
$67,080
$-10,920 vs national
Senior Level (8+ yrs)
$98,900
$-16,100 vs national

Salary Percentiles in Brookings, SD

Percentile Brookings
10th Percentile $41,796
25th Percentile $52,632
Median (50th) $66,960
75th Percentile $86,000
90th Percentile $108,704

Insurance Underwriter Salary in Other South Dakota Cities

Sioux Falls, SD
$71,631
Pop. 192,517
Rapid City, SD
$70,074
Pop. 74,703
Aberdeen, SD
$65,402
Pop. 28,324
Mitchell, SD
$63,845
Pop. 15,660

How to Become a Insurance Underwriter in Brookings

Education

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

Find Insurance Underwriter Jobs in Brookings

Browse open insurance underwriter positions in Brookings, SD:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Insurance Underwriter Salary in Brookings

How much does a Insurance Underwriter make in Brookings, SD? ▼
The median insurance underwriter salary in Brookings, South Dakota is $66,960 per year, which is 14% below the national median of $77,860. Salaries range from $41,796 (10th percentile) to $108,704 (90th percentile).
How much does a Insurance Underwriter make per hour in Brookings? ▼
Based on the median annual salary of $66,960, a insurance underwriter in Brookings earns approximately $32 per hour assuming a standard 2,080-hour work year.
How does Brookings compare to the South Dakota state average for insurance underwriter pay? ▼
Brookings's median insurance underwriter salary of $66,960 is 2.3% below the South Dakota state average of $68,517. The local cost of living index is 86% of the national average.
What is the cost of living in Brookings, SD? ▼
Brookings has a cost of living index of 86% compared to the national average. This means a insurance underwriter salary of $66,960 in Brookings has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Brookings? ▼
Most insurance underwriter positions in Brookings 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.