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How to Become a Insurance Underwriters in Wisconsin

Insurance Underwriters in Wisconsin earn a median salary of $97,370/year, which is 20% above the national average. Wisconsin has a state income tax of ~4.2%. After taxes and rent, a insurance underwriters takes home approximately $4,885/month. Most positions require Bachelor's degree.

$97K
Median salary in Wisconsin
+20%
vs. national average
4.2%
State income tax
3,110
Employed in Wisconsin

What a insurance underwriters can afford in Wisconsin

Gross annual salary$97,370
Est. monthly take-home (after fed + 4.2% state tax)$6,064/mo
Median 2BR rent (Wisconsin)-$1,179/mo
Rent as % of take-home19.4% (within guideline)
Cost-of-living adjusted salary$97,370/yr (RPP: 100)
Monthly remaining after rent$4,885/mo

Becoming a insurance underwriters in Wisconsin

1

Meet education requirements

Insurance Underwriters positions in Wisconsin typically require Bachelor's degree. Programs are available at colleges and training institutions across Wisconsin. Research accredited programs in your area.

2

Gain required experience

Many insurance underwriters positions in Wisconsin require hands-on experience through internships, apprenticeships, or entry-level roles. Look for training programs and mentorship opportunities in your metro area.

3

Obtain Wisconsin licensure or certification

Wisconsin may require specific licensing or professional certification for insurance underwriterss. Requirements vary by state, contact the Wisconsin Department of Labor or relevant licensing board for current requirements, exam schedules, and application procedures.

4

Find positions in Wisconsin

Wisconsin employs 3,110 insurance underwriters. The highest concentrations are in Milwaukee-Waukesha and Appleton.

Insurance Underwriters salary by metro area in Wisconsin

Metro areaMedianHourlyEmployment
Milwaukee-Waukesha$107K$51.24/hr950
Appleton$96K$45.97/hr120
Madison$95K$45.74/hr480
Wausau$71K$34.2/hr60

Insurance Underwriters salary range in Wisconsin

10th percentile (entry)
$61K
25th percentile
$74K
Median (50th)
$97K
75th percentile
$123K
90th percentile (senior)
$134K
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Full insurance underwriters salary breakdown in Wisconsin
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Insurance Underwriters careers in other states

Frequently asked questions

How much does a insurance underwriters make in Wisconsin?

The median insurance underwriters salary in Wisconsin is $97,370 per year ($46.81/hr). This is 20% above the national median of $81,370. Salaries range from $61,410 to $134,090.

What are the requirements to become a insurance underwriters in Wisconsin?

Insurance Underwriters positions in Wisconsin typically require Bachelor's degree. Wisconsin may have specific licensing or certification requirements. Check with the Wisconsin licensing board or department of labor for current requirements.

Can a insurance underwriters afford to live in Wisconsin?

At the median salary of $97,370, a insurance underwriters in Wisconsin would take home approximately $6,064/month after taxes. With median 2-bedroom rent at $1,179/month, that's 19.4% of take-home pay going to housing. This is within the recommended 30% guideline.

What are the best cities for insurance underwriters in Wisconsin?

The highest paying metro areas for insurance underwriters in Wisconsin are Milwaukee-Waukesha ($106,570), Appleton ($95,610), Madison ($95,130). However, cost of living varies significantly between metros, a higher salary may not mean more purchasing power.

Does Wisconsin have state income tax for insurance underwriters?

Yes, Wisconsin has a state income tax rate of approximately 4.2%. On a $97,370 salary, this means roughly $4,114/year in state income tax. Use our take-home pay calculator for a detailed breakdown.