How to Become a Insurance Underwriters in Iowa
Insurance Underwriters in Iowa earn a median salary of $77,660/year, which is 3% below the national average. Iowa has a state income tax of ~5.2%. After taxes and rent, a insurance underwriters takes home approximately $3,506/month. Most positions require Bachelor's degree.
What a insurance underwriters can afford in Iowa
Becoming a insurance underwriters in Iowa
Meet education requirements
Insurance Underwriters positions in Iowa typically require Bachelor's degree. Programs are available at colleges and training institutions across Iowa. Research accredited programs in your area.
Gain required experience
Many insurance underwriters positions in Iowa require hands-on experience through internships, apprenticeships, or entry-level roles. Look for training programs and mentorship opportunities in your metro area.
Obtain Iowa licensure or certification
Iowa may require specific licensing or professional certification for insurance underwriterss. Requirements vary by state — contact the Iowa Department of Labor or relevant licensing board for current requirements, exam schedules, and application procedures.
Find positions in Iowa
Iowa employs 1,730 insurance underwriters. The highest concentrations are in Des Moines-West Des Moines and Davenport-Moline-Rock Island.
Insurance Underwriters salary by metro area in Iowa
| Metro area | Median | Hourly | Employment |
|---|---|---|---|
| Des Moines-West Des Moines | $81K | $39.08/hr | 1,000 |
| Davenport-Moline-Rock Island | $79K | $38.12/hr | 100 |
| Cedar Rapids | $77K | $37.02/hr | 100 |
Insurance Underwriters salary range in Iowa
Insurance Underwriters careers in other states
Frequently asked questions
How much does a insurance underwriters make in Iowa?▼
The median insurance underwriters salary in Iowa is $77,660 per year ($37.34/hr). This is 3% below the national median of $79,880. Salaries range from $49,400 to $166,340.
What are the requirements to become a insurance underwriters in Iowa?▼
Insurance Underwriters positions in Iowa typically require Bachelor's degree. Iowa may have specific licensing or certification requirements. Check with the Iowa licensing board or department of labor for current requirements.
Can a insurance underwriters afford to live in Iowa?▼
At the median salary of $77,660, a insurance underwriters in Iowa would take home approximately $4,918/month after taxes. With median 2-bedroom rent at $1,412/month, that's 28.7% of take-home pay going to housing. This is within the recommended 30% guideline.
What are the best cities for insurance underwriters in Iowa?▼
The highest paying metro areas for insurance underwriters in Iowa are Des Moines-West Des Moines ($81,280), Davenport-Moline-Rock Island ($79,280), Cedar Rapids ($77,010). However, cost of living varies significantly between metros — a higher salary may not mean more purchasing power.
Does Iowa have state income tax for insurance underwriters?▼
Yes, Iowa has a state income tax rate of approximately 5.2%. On a $77,660 salary, this means roughly $4,001/year in state income tax. Use our take-home pay calculator for a detailed breakdown.