Insurance Underwriters in South Dakota
Want to work in South Dakota as an Insurance Underwriter? Read this first!
While jobs for Insurance Underwriters in South Dakota are decreasing, those who do work in these jobs get paid higher than average.
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Employment for Insurance Underwriters in South Dakota is expected to decrease.
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Insurance Underwriters in South Dakota earn higher salaries than the typical U.S. wage earner.
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How Many Insurance Underwriters Work in South Dakota?
There were approximately 240 workers employed as Insurance Underwriters in this state in 2018.
There were 320 Insurance Underwriters employed in this state in 2017.
That’s a decline of 80 jobs between 2017 and 2018.
The typical state has 1,290 Insurance Underwriters working in it, which means South Dakota has fewer Insurance Underwriters than average.
Job Projections for South Dakota
Jobs for Insurance Underwriters in this state are declining at a rate of 3.7% which is a slower decline than the nationwide estimated projection of
South Dakota Annual Job Openings
The BLS estimates 20 annual job openings, and a total of 260 jobs for South Dakota Insurance Underwriters in 2026.
Nationwide, the prediction is 7,500 annual jobs and 98,600 total jobs in 2026.
What do Insurance Underwriters Make in South Dakota?
In 2018 wages for Insurance Underwriters ranged from $49,950 to $115,570 with $74,810 being the median annual salary.
Broken down to an hourly rate, workers in this field made anywhere from $24.01 to $55.56. The median hourly rate was $35.96.
Workers in this field were paid a median of $36.01 an hour in 2017.
The hourly rate declined by $0.05.
The median salary in South Dakota is higher than the nationwide median salary.
Top South Dakota Metros for Insurance Underwriters
The table below shows some of the metros in this state with the most Insurance Underwriters.
| Metro | Number Employed | Annual Median Salary |
|---|---|---|
| Sioux Falls, SD | 160 | $73,170 |
| Sioux City, IA-NE-SD | 60 | $72,230 |
Top States for Insurance Underwriters Employment
The table below shows the states where most Insurance Underwriters work.
| State | Number Employed | Annual Median Salary |
|---|---|---|
| California | 9,130 | $78,750 |
| New York | 8,430 | $78,420 |
| Texas | 7,560 | $61,240 |
| Georgia | 6,020 | $73,910 |
| Illinois | 5,780 | $70,410 |
| Florida | 4,970 | $63,790 |
| Pennsylvania | 4,640 | $71,070 |
| Ohio | 4,630 | $68,190 |
| New Jersey | 3,190 | $79,930 |
| Connecticut | 2,940 | $70,980 |
| Massachusetts | 2,410 | $76,760 |
| Missouri | 2,320 | $64,660 |
| Wisconsin | 2,260 | $63,490 |
| Virginia | 2,180 | $64,260 |
| North Carolina | 2,010 | $71,570 |
| Iowa | 1,850 | $67,020 |
| Minnesota | 1,620 | $63,820 |
| Washington | 1,610 | $76,110 |
| Arizona | 1,570 | $71,400 |
| Nebraska | 1,530 | $59,960 |
Below are the states where Insurance Underwriters get paid the most:
| State | Annual Median Salary |
|---|---|
| New Hampshire | $80,530 |
| District of Columbia | $80,410 |
| New Jersey | $79,930 |
| California | $78,750 |
| New York | $78,420 |
| Massachusetts | $76,760 |
| Maryland | $76,450 |
| Washington | $76,110 |
| South Dakota | $74,810 |
| Georgia | $73,910 |
Related Careers in SD
Discover similar careers:
| Occupation | SD Employment Total |
|---|
What Major Will Prepare You For an Insurance Underwriter Career?
References
- Bureau of Labor Statistics (BLS)
- College Factual
- National Center for Education Statistics
- O*NET Online
- Image Credit: By Nick Youngson under License
More about our data sources and methodologies.
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