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Insurance Underwriters Salary in South Dakota

How much does a Insurance Underwriters make in South Dakota?

Last updated: 2024 data from the Bureau of Labor Statistics

$83,370
Median Annual Salary
$103,880
Mean Salary
$83,370
Median Salary
$40.08
Hourly Rate
240 people work as Insurance Underwriters in South Dakota

About This Job: Insurance Underwriters

Review individual applications for insurance to evaluate degree of risk involved and determine acceptance of applications.

Top Skills

Reading Comprehension
3.75
Active Listening
3.75
Writing
3.75
Critical Thinking
3.75
Speaking
3.62

Key Knowledge Areas

English Language
4.0
Customer and Personal Service
3.9
Mathematics
3.27
Sales and Marketing
3.17
Administrative
2.93
Typical Education: Bachelor's Degree (70.0% of workers)

Source: O*NET OnLine, U.S. Department of Labor

Salary Range: Insurance Underwriters in South Dakota

Salaries for Insurance Underwriters in South Dakota range from $57,760 at the 10th percentile (entry level) to $176,940 at the 90th percentile (experienced). The middle 50% earn between $60,050 and $110,390.

Median $83,370
P10: $57,760 P25: $60,050 P75: $110,390 P90: $176,940
10th
$57,760
25th
$60,050
Median
$83,370
75th
$110,390
90th
$176,940
Percentile Annual Salary Hourly Rate Monthly
10th Percentile (Entry Level) $57,760 $27.77 $4,813
25th Percentile $60,050 $28.87 $5,004
Median (50th) $83,370 $40.08 $6,947
75th Percentile $110,390 $53.07 $9,199
90th Percentile (Experienced) $176,940 $85.07 $14,745

Note: The mean (average) salary of $103,880 differs from the median because salary distributions are typically skewed by high earners.

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What does this salary really buy? See Insurance Underwriters salary in South Dakota adjusted for cost of living →

Insurance Underwriters Salary by State

Compare Insurance Underwriters pay across states — sorted by highest median salary.

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Frequently Asked Questions

How much does a Insurance Underwriters make in South Dakota?
The median annual salary for a Insurance Underwriters in South Dakota is $83,370 as of 2024. The average (mean) salary is $103,880.
What is the salary range for a Insurance Underwriters in South Dakota?
Salaries for Insurance Underwriters in South Dakota range from $57,760 at the 10th percentile to $176,940 at the 90th percentile. The middle 50%% earn between $60,050 and $110,390.
What is the starting salary for a Insurance Underwriters in South Dakota?
Entry-level Insurance Underwriters positions in South Dakota typically start around $57,760 (10th percentile). With some experience, salaries rise to $60,050 (25th percentile).
How many people work as Insurance Underwriters in South Dakota?
According to 2024 BLS data, approximately 240 people are employed as Insurance Underwriters in South Dakota.
What is the hourly rate for a Insurance Underwriters in South Dakota?
Based on a standard 2,080-hour work year, the median hourly rate for a Insurance Underwriters in South Dakota is approximately $40.08 per hour.

Data Source & Methodology

Salary data is sourced from the U.S. Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) survey, 2024 estimates. The OEWS survey covers approximately 1.1 million establishments nationwide.

Annual salaries are calculated based on a standard 2,080-hour work year. Actual compensation may vary based on experience, education, employer, and local market conditions. Figures do not include benefits, bonuses, or overtime pay.

Our Methodology · Data Sources · Source: BLS OEWS