Business & Finance Morgantown, WV Pop. 30,955

Insurance Underwriter Salary in Morgantown, West Virginia

The median insurance underwriter salary in Morgantown, WV is $70,074 per year, which is 10% below the national median and 7.1% above the West Virginia state average.

City Median
$70,074
vs State Avg
+$4,672
vs National
$-7,786
Cost of Living
90%

Insurance Underwriter Salary in Morgantown by Experience

In Morgantown, an entry-level insurance underwriter earns around $45,000, while experienced professionals earn up to $103,500 per year. The local cost of living index is 90% of the national average.

Entry Level (0-2 yrs)
$45,000
$-5,000 vs national
Mid Level (3-7 yrs)
$70,200
$-7,800 vs national
Senior Level (8+ yrs)
$103,500
$-11,500 vs national

Salary Percentiles in Morgantown, WV

Percentile Morgantown
10th Percentile $43,740
25th Percentile $55,080
Median (50th) $70,074
75th Percentile $90,000
90th Percentile $113,760

Insurance Underwriter Salary in Other West Virginia Cities

Charleston, WV
$68,517
Pop. 48,006
Huntington, WV
$63,845
Pop. 46,842
Parkersburg, WV
$62,288
Pop. 29,675
Wheeling, WV
$60,731
Pop. 26,711

How to Become a Insurance Underwriter in Morgantown

Education

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

Find Insurance Underwriter Jobs in Morgantown

Browse open insurance underwriter positions in Morgantown, WV:

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Frequently Asked Questions: Insurance Underwriter Salary in Morgantown

How much does a Insurance Underwriter make in Morgantown, WV? ▼
The median insurance underwriter salary in Morgantown, West Virginia is $70,074 per year, which is 10% below the national median of $77,860. Salaries range from $43,740 (10th percentile) to $113,760 (90th percentile).
How much does a Insurance Underwriter make per hour in Morgantown? ▼
Based on the median annual salary of $70,074, a insurance underwriter in Morgantown earns approximately $34 per hour assuming a standard 2,080-hour work year.
How does Morgantown compare to the West Virginia state average for insurance underwriter pay? ▼
Morgantown's median insurance underwriter salary of $70,074 is 7.1% above the West Virginia state average of $65,402. The local cost of living index is 90% of the national average.
What is the cost of living in Morgantown, WV? ▼
Morgantown has a cost of living index of 90% compared to the national average. This means a insurance underwriter salary of $70,074 in Morgantown has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Morgantown? ▼
Most insurance underwriter positions in Morgantown 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.