Business & Finance Laramie, WY Pop. 32,711

Insurance Underwriter Salary in Laramie, Wyoming

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

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

Insurance Underwriter Salary in Laramie by Experience

In Laramie, 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 Laramie, WY

Percentile Laramie
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 Wyoming Cities

How to Become a Insurance Underwriter in Laramie

Education

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

Find Insurance Underwriter Jobs in Laramie

Browse open insurance underwriter positions in Laramie, WY:

Frequently Asked Questions: Insurance Underwriter Salary in Laramie

How much does a Insurance Underwriter make in Laramie, WY?
The median insurance underwriter salary in Laramie, Wyoming 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 Laramie?
Based on the median annual salary of $71,631, a insurance underwriter in Laramie earns approximately $34 per hour assuming a standard 2,080-hour work year.
How does Laramie compare to the Wyoming state average for insurance underwriter pay?
Laramie's median insurance underwriter salary of $71,631 is 0.0% above the Wyoming state average of $71,631. The local cost of living index is 92% of the national average.
What is the cost of living in Laramie, WY?
Laramie has a cost of living index of 92% compared to the national average. This means a insurance underwriter salary of $71,631 in Laramie has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Laramie?
Most insurance underwriter positions in Laramie 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.