As of April 01, 2025, the average annual salary for an Insurance Underwriter V in Lexington, KY is $123,600. Salary.com reports that pay typically ranges from $110,400 to $137,700, with most professionals earning between $98,382 and $150,537.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $137,700 | $11,475 | $2,648 | $66 |
| Average | $123,600 | $10,300 | $2,377 | $59 |
| 25th Percentile | $110,400 | $9,200 | $2,123 | $53 |
An entry-level Insurance Underwriter V with under 1 year experience makes about $118,284. With less than 2 years of experience, a mid-level Insurance Underwriter V makes around $119,265. After 2-4 years, the Insurance Underwriter V pay rises to about $119,657. Those senior Insurance Underwriter V with 5-8 years of experience earn roughly $121,619, and those Insurance Underwriter V having 8 years or more experience are expected to earn about $123,189 on average.
| Levels | Salary |
|---|---|
| Entry Level Insurance Underwriter V | $118,284 |
| Intermediate Level Insurance Underwriter V | $119,265 |
| Senior Level Insurance Underwriter V | $119,657 |
| Specialist Level Insurance Underwriter V | $121,619 |
| Expert Level Insurance Underwriter V | $123,189 |
| Entry Level | 4% |
| Mid Level | 4% |
| Senior Level | 3% |
| Top Level | 2% |
| Experienced | 0% |
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