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

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.