Business & Finance Knoxville, TN Pop. 190,740

Insurance Underwriter Salary in Knoxville, Tennessee

The median insurance underwriter salary in Knoxville, TN is $68,517 per year, which is 12% below the national median and 1.1% below the Tennessee state average.

City Median
$68,517
vs State Avg
$-778
vs National
$-9,343
Cost of Living
88%

Insurance Underwriter Salary in Knoxville by Experience

In Knoxville, an entry-level insurance underwriter earns around $44,000, while experienced professionals earn up to $101,200 per year. The local cost of living index is 88% of the national average.

Entry Level (0-2 yrs)
$44,000
$-6,000 vs national
Mid Level (3-7 yrs)
$68,640
$-9,360 vs national
Senior Level (8+ yrs)
$101,200
$-13,800 vs national

Salary Percentiles in Knoxville, TN

Percentile Knoxville
10th Percentile $42,768
25th Percentile $53,856
Median (50th) $68,517
75th Percentile $88,000
90th Percentile $111,232

Insurance Underwriter Salary in Other Tennessee Cities

Nashville, TN
$77,860
Pop. 689,447
Murfreesboro, TN
$71,631
Pop. 152,769
Chattanooga, TN
$68,517
Pop. 181,099
Memphis, TN
$66,960
Pop. 633,104

How to Become a Insurance Underwriter in Knoxville

Education

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

Find Insurance Underwriter Jobs in Knoxville

Browse open insurance underwriter positions in Knoxville, TN:

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Frequently Asked Questions: Insurance Underwriter Salary in Knoxville

How much does a Insurance Underwriter make in Knoxville, TN? ▼
The median insurance underwriter salary in Knoxville, Tennessee is $68,517 per year, which is 12% below the national median of $77,860. Salaries range from $42,768 (10th percentile) to $111,232 (90th percentile).
How much does a Insurance Underwriter make per hour in Knoxville? ▼
Based on the median annual salary of $68,517, a insurance underwriter in Knoxville earns approximately $33 per hour assuming a standard 2,080-hour work year.
How does Knoxville compare to the Tennessee state average for insurance underwriter pay? ▼
Knoxville's median insurance underwriter salary of $68,517 is 1.1% below the Tennessee state average of $69,295. The local cost of living index is 88% of the national average.
What is the cost of living in Knoxville, TN? ▼
Knoxville has a cost of living index of 88% compared to the national average. This means a insurance underwriter salary of $68,517 in Knoxville has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Knoxville? ▼
Most insurance underwriter positions in Knoxville 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.