Insurance Underwriter Salary in Sioux Falls, South Dakota
The median insurance underwriter salary in Sioux Falls, SD is $71,631 per year, which is 8% below the national median and 4.5% above the South Dakota state average.
Insurance Underwriter Salary in Sioux Falls by Experience
In Sioux Falls, an entry-level insurance underwriter earns around $46,000, while experienced professionals earn up to $105,800 per year. The local cost of living index is 92% of the national average.
Salary Percentiles in Sioux Falls, SD
| Percentile | Sioux Falls |
|---|---|
| 10th Percentile | $44,712 |
| 25th Percentile | $56,304 |
| Median (50th) | $71,631 |
| 75th Percentile | $92,000 |
| 90th Percentile | $116,288 |
Insurance Underwriter Salary in Other South Dakota Cities
How to Become a Insurance Underwriter in Sioux Falls
Education
Most insurance underwriter positions require a bachelor's degree. Sioux Falls and the surrounding South Dakota area have institutions offering relevant programs.
Key Skills
Job Outlook
Nationally, insurance underwriter employment is projected to grow -2% over the next decade (decline). Demand in Sioux Falls may vary based on local industry and population growth.