Business & Finance Racine, WI Pop. 77,816

Insurance Underwriter Salary in Racine, Wisconsin

The median insurance underwriter salary in Racine, WI is $66,960 per year, which is 14% below the national median and 6.5% below the Wisconsin state average.

City Median
$66,960
vs State Avg
$-4,671
vs National
$-10,900
Cost of Living
86%

Insurance Underwriter Salary in Racine by Experience

In Racine, an entry-level insurance underwriter earns around $43,000, while experienced professionals earn up to $98,900 per year. The local cost of living index is 86% of the national average.

Entry Level (0-2 yrs)
$43,000
$-7,000 vs national
Mid Level (3-7 yrs)
$67,080
$-10,920 vs national
Senior Level (8+ yrs)
$98,900
$-16,100 vs national

Salary Percentiles in Racine, WI

Percentile Racine
10th Percentile $41,796
25th Percentile $52,632
Median (50th) $66,960
75th Percentile $86,000
90th Percentile $108,704

Insurance Underwriter Salary in Other Wisconsin Cities

Madison, WI
$77,860
Pop. 269,840
Milwaukee, WI
$71,631
Pop. 577,222
Kenosha, WI
$70,074
Pop. 99,986
Green Bay, WI
$68,517
Pop. 107,395

How to Become a Insurance Underwriter in Racine

Education

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

Find Insurance Underwriter Jobs in Racine

Browse open insurance underwriter positions in Racine, WI:

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Frequently Asked Questions: Insurance Underwriter Salary in Racine

How much does a Insurance Underwriter make in Racine, WI? ▼
The median insurance underwriter salary in Racine, Wisconsin is $66,960 per year, which is 14% below the national median of $77,860. Salaries range from $41,796 (10th percentile) to $108,704 (90th percentile).
How much does a Insurance Underwriter make per hour in Racine? ▼
Based on the median annual salary of $66,960, a insurance underwriter in Racine earns approximately $32 per hour assuming a standard 2,080-hour work year.
How does Racine compare to the Wisconsin state average for insurance underwriter pay? ▼
Racine's median insurance underwriter salary of $66,960 is 6.5% below the Wisconsin state average of $71,631. The local cost of living index is 86% of the national average.
What is the cost of living in Racine, WI? ▼
Racine has a cost of living index of 86% compared to the national average. This means a insurance underwriter salary of $66,960 in Racine has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Racine? ▼
Most insurance underwriter positions in Racine 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.