Business & Finance Tennessee (TN) Rank #41 of 50

Insurance Underwriter Salary in Tennessee

The median insurance underwriter salary in Tennessee is $69,295 per year, which is 11% below the national median of $77,860.

Median Salary
$69,295
vs National
$-8,565
State Rank
#41 of 50
Cost of Living
89%

Insurance Underwriter Salary in Tennessee by Experience

In Tennessee, an entry-level insurance underwriter earns around $44,500, while experienced professionals earn up to $102,350 per year. The cost of living index in Tennessee is 89% of the national average.

Entry Level (0-2 yrs)
$44,500
$-5,500 vs national
Mid Level (3-7 yrs)
$69,420
$-8,580 vs national
Senior Level (8+ yrs)
$102,350
$-12,650 vs national

Salary Percentiles in Tennessee

Percentile TN Salary
10th Percentile $43,254
25th Percentile $54,468
Median (50th) $69,295
75th Percentile $89,000
90th Percentile $112,496

Major Cities for Insurance Underwriters in Tennessee

The largest employment areas for insurance underwriters in Tennessee include Nashville, Memphis, Knoxville, and Chattanooga. Salaries in major metro areas may be higher due to increased demand and cost of living.

Nashville, TN
Metro area for insurance underwriter employment
Memphis, TN
Metro area for insurance underwriter employment
Knoxville, TN
Metro area for insurance underwriter employment
Chattanooga, TN
Metro area for insurance underwriter employment
Murfreesboro, TN
Metro area for insurance underwriter employment

How to Become a Insurance Underwriter in Tennessee

Education

Most insurance underwriter positions require a bachelor's degree. Tennessee has several accredited institutions offering relevant programs.

Key Skills

Risk AssessmentAnalytical SkillsInsurance RegulationsUnderwriting SoftwareDecision-MakingAttention to Detail

Job Outlook in Tennessee

Nationally, insurance underwriter employment is projected to grow -2% over the next decade (decline). Tennessee's demand may vary based on local industry trends.