Business & Finance Cheyenne, WY Pop. 65,132

Insurance Underwriter Salary in Cheyenne, Wyoming

The median insurance underwriter salary in Cheyenne, WY is $73,188 per year, which is 6% below the national median and 2.2% above the Wyoming state average.

City Median
$73,188
vs State Avg
+$1,557
vs National
$-4,672
Cost of Living
94%

Insurance Underwriter Salary in Cheyenne by Experience

In Cheyenne, an entry-level insurance underwriter earns around $47,000, while experienced professionals earn up to $108,100 per year. The local cost of living index is 94% of the national average.

Entry Level (0-2 yrs)
$47,000
$-3,000 vs national
Mid Level (3-7 yrs)
$73,320
$-4,680 vs national
Senior Level (8+ yrs)
$108,100
$-6,900 vs national

Salary Percentiles in Cheyenne, WY

Percentile Cheyenne
10th Percentile $45,684
25th Percentile $57,528
Median (50th) $73,188
75th Percentile $94,000
90th Percentile $118,816

Insurance Underwriter Salary in Other Wyoming Cities

Gillette, WY
$74,746
Pop. 33,403
Laramie, WY
$71,631
Pop. 32,711
Rock Springs, WY
$71,631
Pop. 23,036
Casper, WY
$70,074
Pop. 58,610

How to Become a Insurance Underwriter in Cheyenne

Education

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

Find Insurance Underwriter Jobs in Cheyenne

Browse open insurance underwriter positions in Cheyenne, WY:

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Frequently Asked Questions: Insurance Underwriter Salary in Cheyenne

How much does a Insurance Underwriter make in Cheyenne, WY? ▼
The median insurance underwriter salary in Cheyenne, Wyoming is $73,188 per year, which is 6% below the national median of $77,860. Salaries range from $45,684 (10th percentile) to $118,816 (90th percentile).
How much does a Insurance Underwriter make per hour in Cheyenne? ▼
Based on the median annual salary of $73,188, a insurance underwriter in Cheyenne earns approximately $35 per hour assuming a standard 2,080-hour work year.
How does Cheyenne compare to the Wyoming state average for insurance underwriter pay? ▼
Cheyenne's median insurance underwriter salary of $73,188 is 2.2% above the Wyoming state average of $71,631. The local cost of living index is 94% of the national average.
What is the cost of living in Cheyenne, WY? ▼
Cheyenne has a cost of living index of 94% compared to the national average. This means a insurance underwriter salary of $73,188 in Cheyenne has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Cheyenne? ▼
Most insurance underwriter positions in Cheyenne 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.