Business & Finance Milwaukee, WI Pop. 577,222

Insurance Underwriter Salary in Milwaukee, Wisconsin

The median insurance underwriter salary in Milwaukee, WI is $71,631 per year, which is 8% below the national median and 0.0% above the Wisconsin state average.

City Median
$71,631
vs State Avg
+$0
vs National
$-6,229
Cost of Living
92%

Insurance Underwriter Salary in Milwaukee by Experience

In Milwaukee, an entry-level insurance underwriter earns around $46,000, while experienced professionals earn up to $105,800 per year. The local cost of living index is 92% of the national average.

Entry Level (0-2 yrs)
$46,000
$-4,000 vs national
Mid Level (3-7 yrs)
$71,760
$-6,240 vs national
Senior Level (8+ yrs)
$105,800
$-9,200 vs national

Salary Percentiles in Milwaukee, WI

Percentile Milwaukee
10th Percentile $44,712
25th Percentile $56,304
Median (50th) $71,631
75th Percentile $92,000
90th Percentile $116,288

Insurance Underwriter Salary in Other Wisconsin Cities

Madison, WI
$77,860
Pop. 269,840
Kenosha, WI
$70,074
Pop. 99,986
Green Bay, WI
$68,517
Pop. 107,395
Racine, WI
$66,960
Pop. 77,816

How to Become a Insurance Underwriter in Milwaukee

Education

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

Find Insurance Underwriter Jobs in Milwaukee

Browse open insurance underwriter positions in Milwaukee, WI:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Insurance Underwriter Salary in Milwaukee

How much does a Insurance Underwriter make in Milwaukee, WI? ▼
The median insurance underwriter salary in Milwaukee, Wisconsin is $71,631 per year, which is 8% below the national median of $77,860. Salaries range from $44,712 (10th percentile) to $116,288 (90th percentile).
How much does a Insurance Underwriter make per hour in Milwaukee? ▼
Based on the median annual salary of $71,631, a insurance underwriter in Milwaukee earns approximately $34 per hour assuming a standard 2,080-hour work year.
How does Milwaukee compare to the Wisconsin state average for insurance underwriter pay? ▼
Milwaukee's median insurance underwriter salary of $71,631 is 0.0% above the Wisconsin state average of $71,631. The local cost of living index is 92% of the national average.
What is the cost of living in Milwaukee, WI? ▼
Milwaukee has a cost of living index of 92% compared to the national average. This means a insurance underwriter salary of $71,631 in Milwaukee has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Milwaukee? ▼
Most insurance underwriter positions in Milwaukee 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.