As of March 01, 2025, the average annual salary for an Underwriter V in Rapid City, SD is $133,510. According to Salary.com, salaries can range from a low of $94,419 to a high of $179,042, with most professionals earning between $113,048 and $157,343.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $176,790 | $14,733 | $3,400 | $85 |
| Average | $150,011 | $12,501 | $2,885 | $72 |
| 25th Percentile | $127,021 | $10,585 | $2,443 | $61 |
An entry-level Underwriter V with under 1 year experience makes about $123,672. With less than 2 years of experience, a mid-level Underwriter V makes around $125,179. After 2-4 years, the Underwriter V pay rises to about $125,782. Those senior Underwriter V with 5-8 years of experience earn roughly $128,797, and those Underwriter V having 8 years or more experience are expected to earn about $131,209 on average.
| Levels | Salary |
|---|---|
| Entry Level Underwriter V | $123,672 |
| Intermediate Level Underwriter V | $125,179 |
| Senior Level Underwriter V | $125,782 |
| Specialist Level Underwriter V | $128,797 |
| Expert Level Underwriter V | $131,209 |
| Entry Level | 18% |
| Mid Level | 17% |
| Senior Level | 16% |
| Top Level | 14% |
| Experienced | 13% |
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