The annual salary statistics of insurance underwriters in Shreveport-Bossier City, Louisiana is shown in Table 1. The wage data of insurance underwriters in Shreveport-Bossier City is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $41,540 |
| 25th Percentile Wage | $53,270 |
| 50th Percentile Wage | $63,880 |
| 75th Percentile Wage | $83,740 |
| 90th Percentile Wage | $120,830 |
Table 1 shows the average annual salary for insurance underwriters in Shreveport-Bossier City, Louisiana in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $120,830. The median (50th percentile) annual salary is $63,880. The average annual salary for the bottom 10 percent earners is $41,540.
The table and chart below show the trend of the median salary of insurance underwriters from 2012 to 2020.
| Year | Median Salary | Yearly Growth | 8-Year Growth |
|---|---|---|---|
| 2020 | $63,880 | 7.09% | 36.37% |
| 2019 | $59,350 | 3.94% | - |
| 2018 | $57,010 | 5.26% | - |
| 2017 | $54,010 | -4.78% | - |
| 2016 | $56,590 | -3.11% | - |
| 2015 | $58,350 | 3.27% | - |
| 2014 | $56,440 | 17.84% | - |
| 2013 | $46,370 | 12.34% | - |
| 2012 | $40,650 | - | - |
From Table 3 we note that with a median annual salary of $63,880, Shreveport-Bossier City is the highest paying city for insurance underwriters in state of Louisiana, followed by New Orleans-Metairie-Kenner (median annual salary $59,300). In comparison, the median annual salary of insurance underwriters in Shreveport-Bossier City is 7.2 percent (7.2%) higher than that in New Orleans-Metairie-Kenner.
| Cities/Areas | Median Annual Salary |
|---|---|
| Shreveport-Bossier City | |
| New Orleans-Metairie-Kenner | |
| Baton Rouge | |
| Winnsboro nonmetropolitan area | |
| Lafayette |