Business & Finance Parkersburg, WV Pop. 29,675

Insurance Underwriter Salary in Parkersburg, West Virginia

The median insurance underwriter salary in Parkersburg, WV is $62,288 per year, which is 20% below the national median and 4.8% below the West Virginia state average.

City Median
$62,288
vs State Avg
$-3,114
vs National
$-15,572
Cost of Living
80%

Insurance Underwriter Salary in Parkersburg by Experience

In Parkersburg, an entry-level insurance underwriter earns around $40,000, while experienced professionals earn up to $92,000 per year. The local cost of living index is 80% of the national average.

Entry Level (0-2 yrs)
$40,000
$-10,000 vs national
Mid Level (3-7 yrs)
$62,400
$-15,600 vs national
Senior Level (8+ yrs)
$92,000
$-23,000 vs national

Salary Percentiles in Parkersburg, WV

Percentile Parkersburg
10th Percentile $38,880
25th Percentile $48,960
Median (50th) $62,288
75th Percentile $80,000
90th Percentile $101,120

Insurance Underwriter Salary in Other West Virginia Cities

How to Become a Insurance Underwriter in Parkersburg

Education

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

Find Insurance Underwriter Jobs in Parkersburg

Browse open insurance underwriter positions in Parkersburg, WV:

Frequently Asked Questions: Insurance Underwriter Salary in Parkersburg

How much does a Insurance Underwriter make in Parkersburg, WV?
The median insurance underwriter salary in Parkersburg, West Virginia is $62,288 per year, which is 20% below the national median of $77,860. Salaries range from $38,880 (10th percentile) to $101,120 (90th percentile).
How much does a Insurance Underwriter make per hour in Parkersburg?
Based on the median annual salary of $62,288, a insurance underwriter in Parkersburg earns approximately $30 per hour assuming a standard 2,080-hour work year.
How does Parkersburg compare to the West Virginia state average for insurance underwriter pay?
Parkersburg's median insurance underwriter salary of $62,288 is 4.8% below the West Virginia state average of $65,402. The local cost of living index is 80% of the national average.
What is the cost of living in Parkersburg, WV?
Parkersburg has a cost of living index of 80% compared to the national average. This means a insurance underwriter salary of $62,288 in Parkersburg has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Parkersburg?
Most insurance underwriter positions in Parkersburg 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.