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

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.