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.
Insurance Underwriter Salary Overview in Tennessee (2026)
Tennessee ranks #41 out of 50 states for insurance underwriter compensation. Insurance Underwriter salaries in Tennessee are below the national median, though the lower cost of living can offset the difference. At $69,295 per year, insurance underwriters in Tennessee earn $8,565 less than the national median of $77,860.
A key advantage of working in Tennessee is its below-average cost of living (89% of the national index). This means the $69,295 salary has the purchasing power of roughly $77,860 in an average-cost area.
The salary spread in Tennessee is significant: insurance underwriters at the 10th percentile earn $43,254, while those at the 90th percentile bring home $112,496 — a $69,242 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Tennessee for this role is Nashville, where the median reaches $77,860.
Nationally, insurance underwriter employment is projected to grow -2% over the next decade (decline). Despite slower growth nationally, experienced insurance underwriters with in-demand specializations continue to command strong salaries.
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.
Build Wealth on Your Income
With a $69,295 income, financial advisors recommend investing 15–20% annually. Start building a diversified portfolio with as little as $10.
See Investment Options →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 |
Insurance Underwriter Salary by City in Tennessee
The largest employment areas for insurance underwriters in Tennessee include Nashville, Memphis, Knoxville, and Chattanooga. Salaries vary by city based on local cost of living and demand.
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
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.
Negotiate Your Way to Senior Pay
Data shows Insurance Underwriters who negotiate earn 7–15% more. A single negotiation could add $33,055 over your career trajectory.
Get Negotiation Scripts — $197 →Open to Insurance Underwriter Roles in Tennessee?
Get matched with recruiters hiring insurance underwriters in Tennessee at competitive salaries.
Or browse positions directly: