2024 Salary Data

Insurance Underwriters Salary in Sioux Falls, SD-MN

Insurance Underwriterss in Sioux Falls, SD-MN earn a median salary of $85,570 per year, which is 7.1% higher than the national median.

Median Salary

$85,570

7.1%vs national

Entry Level

$57,160

10th percentile

Experienced

$168,080

90th percentile

Employed

170

in Sioux Falls, SD-MN

Salary Distribution

Shows salary range from entry-level (10th percentile) to top earners (90th percentile)

How Much Do Insurance Underwriterss Make in Sioux Falls, SD-MN?

According to the Bureau of Labor Statistics, Insurance Underwriterss in the Sioux Falls, SD-MN metropolitan area earn a median annual salary of $85,570. The salary range varies significantly based on experience, with entry-level positions starting around $57,160 and experienced professionals earning up to $168,080 or more.

Entry Level

0-2 years experience

$57,160 - $62,490

Mid Career

2-8 years experience

$62,490 - $105,160

Senior Level

8+ years experience

$105,160 - $168,080

Sioux Falls, SD-MN vs National Average

Sioux Falls, SD-MN$85,570
National Average$79,880

Insurance Underwriterss in Sioux Falls, SD-MN earn 7.1% more than the national median of $79,880.

Quick Facts

Occupation
Insurance Underwriters
SOC Code
132053
Location
Sioux Falls, SD-MN
Data Year
2024
Total Employed
170

Other SD Locations

Frequently Asked Questions

What is the average salary for a Insurance Underwriters in Sioux Falls, SD-MN?
The median annual salary for Insurance Underwriters in Sioux Falls, SD-MN is $85,570, according to Bureau of Labor Statistics data from 2024. This is 7.1% higher than the national median.
What is the starting salary for Insurance Underwriters in Sioux Falls, SD-MN?
Entry-level Insurance Underwriters positions in Sioux Falls, SD-MN typically start around $57,160 to $62,490 annually (10th to 25th percentile).
How much can experienced Insurance Underwriterss make in Sioux Falls, SD-MN?
Experienced Insurance Underwriterss in Sioux Falls, SD-MN can earn $105,160 to $168,080 annually (75th to 90th percentile).
How does Insurance Underwriters salary in Sioux Falls, SD-MN compare to the national average?
Insurance Underwriterss in Sioux Falls, SD-MN earn 7.1% more than the national median of $79,880.

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