Business & Finance Austin, TX Pop. 978,908

Insurance Underwriter Salary in Austin, Texas

The median insurance underwriter salary in Austin, TX is $81,753 per year, which is 5.0% above the national median and 14.1% above the Texas state average.

City Median
$81,753
vs State Avg
+$10,122
vs National
+$3,893
Cost of Living
105%

Insurance Underwriter Salary in Austin by Experience

In Austin, an entry-level insurance underwriter earns around $52,500, while experienced professionals earn up to $120,750 per year. The local cost of living index is 105% of the national average.

Entry Level (0-2 yrs)
$52,500
+$2,500 vs national
Mid Level (3-7 yrs)
$81,900
+$3,900 vs national
Senior Level (8+ yrs)
$120,750
+$5,750 vs national

Salary Percentiles in Austin, TX

Percentile Austin
10th Percentile $51,030
25th Percentile $64,260
Median (50th) $81,753
75th Percentile $105,000
90th Percentile $132,720

Insurance Underwriter Salary in Other Texas Cities

Dallas, TX
$77,860
Pop. 1,304,379
Houston, TX
$74,746
Pop. 2,304,580
Fort Worth, TX
$71,631
Pop. 918,915
San Antonio, TX
$68,517
Pop. 1,434,625

How to Become a Insurance Underwriter in Austin

Education

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

Find Insurance Underwriter Jobs in Austin

Browse open insurance underwriter positions in Austin, TX:

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Frequently Asked Questions: Insurance Underwriter Salary in Austin

How much does a Insurance Underwriter make in Austin, TX? ▼
The median insurance underwriter salary in Austin, Texas is $81,753 per year, which is 5.0% above the national median of $77,860. Salaries range from $51,030 (10th percentile) to $132,720 (90th percentile).
How much does a Insurance Underwriter make per hour in Austin? ▼
Based on the median annual salary of $81,753, a insurance underwriter in Austin earns approximately $39 per hour assuming a standard 2,080-hour work year.
How does Austin compare to the Texas state average for insurance underwriter pay? ▼
Austin's median insurance underwriter salary of $81,753 is 14.1% above the Texas state average of $71,631. The local cost of living index is 105% of the national average.
What is the cost of living in Austin, TX? ▼
Austin has a cost of living index of 105% compared to the national average. This means a insurance underwriter salary of $81,753 in Austin has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Austin? ▼
Most insurance underwriter positions in Austin 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.