Insurance Underwriters Salary in Indiana
Official Bureau of Labor Statistics Data - May 2024 - IN
Median Annual Salary in Indiana
$70,853
$34.06 / hour
▼ 9.0% below national avg
National Median
$77,860
$37.43 / hour nationally
COL-Adjusted Purchasing Power
$78,032
Missouri equivalent (COL: 90.8)
Insurance Underwriters Salary in Indiana
| Percentile | Annual Salary |
|---|---|
| 10th (Entry Level) | $37,552 |
| 25th Percentile | $51,014 |
| 50th (Median) | $70,853 |
| 75th Percentile | $97,777 |
| 90th (Top Earners) | $121,867 |
| Source: U.S. Bureau of Labor Statistics OEWS, May 2024 | |
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Cost of Living Adjusted Salary
The Indiana median salary of $70,853 for Insurance Underwriters has the purchasing power of approximately $78,032 in Missouri (the COL baseline state with index 100).
Indiana's lower cost of living (COL index: 90.8) means your salary goes further than in higher-cost states.
COL data: MERIC 2024 State Cost of Living Index. Missouri = 100 baseline.
Frequently Asked Questions
How much do Insurance Underwriters make in Indiana?
Insurance Underwriters in Indiana earn a median annual salary of $70,853 per year ($34.06/hr) according to BLS OEWS data (May 2024). This is below the national median of $77,860.
Is Indiana a good state for Insurance Underwriters?
Indiana pays slightly below the national average for insurance underwriters. Cost of living in Indiana is lower average (COL index: 90.8).
What is the cost-of-living adjusted salary for Insurance Underwriters in Indiana?
After adjusting for cost of living (COL index: 90.8 vs. Missouri baseline of 100), the $70,853 salary in Indiana has the purchasing power of approximately $78,032 in Missouri. Lower living costs in Indiana increase real purchasing power.
How does Indiana compare to neighboring states for Insurance Underwriters salaries?
For detailed comparison across all states, see the full Insurance Underwriters salary page at the national level, which includes a complete 50-state salary table.
Top Paying Jobs in Indiana
| # | Job Title | Median Annual |
|---|---|---|
| 1 | Anesthesiologists | $302,302 |
| 2 | Radiologists | $282,027 |
| 3 | Neurologists | $268,996 |
| 4 | Surgeons, All Other | $268,013 |
| 5 | Ophthalmologists, Except Pediatric | $247,411 |
| 6 | Psychiatrists | $227,316 |
| 7 | Physicians, Pathologists | $221,967 |
| 8 | General Internal Medicine Physicians | $221,439 |
| Source: BLS OEWS May 2024 | ||
About Insurance Underwriters in Indiana
Insurance Underwriters work in their specialized field applying expertise and skills to deliver value in their organization. This occupation is part of the business finance sector of the U.S. economy.
Education Required: Bachelor's degree