How Much Does an Underwriter Analyst Make in Indiana?

Updated March 01, 2025
As of March 01, 2025, the average annual pay of Underwriter Analyst in Indiana is $51,577. While Salary.com is seeing that Underwriter Analyst salary in IN can go up to $62,475 or down to $40,802, but most earn between $45,937 and $57,281. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, and your experience levels. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Related Job Titles to Underwriter Analyst
ABL Underwriter Analyst
$71,486
Indiana
Per Year
Commercial Credit Analyst Underwriter
$72,751
Indiana
Per Year
Loan Underwriter I
$56,242
Indiana
Per Year
Loan Underwriter II
$66,313
Indiana
Per Year
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Similar Job Salaries to Underwriter Analyst by Company

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Company average base salary in (usd) range
$63,810/yr
$57,717
$69,903
RANGE: $57,717 - $69,903
Aon Corporation
Underwriter
$75,647/yr
$69,093
$82,202
RANGE: $69,093 - $82,202
The Amherst Group Limited
Analyst, Underwriter
$68,590/yr
$62,041
$75,140
RANGE: $62,041 - $75,140
Cypress HCM
Commercial Underwriter
$134,542/yr
$120,733
$148,350
RANGE: $120,733 - $148,350
TIH
Inside Underwriter
$67,343/yr
$60,913
$73,774
RANGE: $60,913 - $73,774
Brotherhood Mutual
Underwriter I
$73,482/yr
$66,678
$80,286
RANGE: $66,678 - $80,286
Diedre Moire Corp.
INSURANCE UNDERWRITER
$64,341/yr
$57,966
$70,715
RANGE: $57,966 - $70,715
Burns & Wilcox
Associate Underwriter
$67,413/yr
$60,976
$73,850
RANGE: $60,976 - $73,850
AON
ASSOCIATE UNDERWRITER
$64,641/yr
$58,469
$70,814
RANGE: $58,469 - $70,814

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Top 10 Highest Paying Cities For Underwriter Analyst Jobs in Indiana

It is important to understand how location impacts your career prospects in the United States. There are some cities where an Underwriter Analyst can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for Underwriter Analyst job salaries in Indiana. Some cities can pay higher salaries for Underwriter Analyst jobs, which can indicate that there is a large demand for Underwriter Analyst positions in this city.
The following table shows top 10 cities where the Underwriter Analyst salary is higher than other cities in Indiana. Hammond takes first place in this list, followed by Gary, Indianapolis. The Underwriter Analyst salary is $53,119 in Hammond, which is lower than the national average. There is 0 city's Underwriter Analyst salary higher than national average in Indiana.
The average salary for an Underwriter Analyst in Indiana is $51,577, but we found that the city with the highest salary for Underwriter Analyst jobs is Hammond, IN, and it is higher than Gary. Underwriter Analyst jobs in Hammond can have the opportunity to earn higher salaries than in other cities in Indiana.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Hammond $53,119 $4,427 $1,022 $26
Gary $53,119 $4,427 $1,022 $26
Indianapolis $51,736 $4,311 $995 $25
Greenwood $51,736 $4,311 $995 $25
Carmel $51,683 $4,307 $994 $25
Lafayette $51,417 $4,285 $989 $25
Elkhart $50,939 $4,245 $980 $24
Evansville $50,407 $4,201 $969 $24
South Bend $49,928 $4,161 $960 $24
Mishawaka $49,928 $4,161 $960 $24

What Does an Underwriter Analyst Do?

Underwriting analysts, also known as insurance underwriters, analyze and process paper and electronic applications for insurance companies.
Updated December 07, 2021
Underwriting analysts with at least two years of paid employment who have worked a minimum of 17.5 hours per week can pursue the chartered property casualty underwriter designation.
Updated November 18, 2021
Underwriting analysts present their decisions to senior underwriters for approval or subsequent review.
Updated November 02, 2021

Frequently Asked Questions About an Underwriter Analyst Salaries

What is the average of an Underwriter Analyst in Indiana?

The Underwriter Analyst salary range is from $45,937 to $57,281, and the average Underwriter Analyst salary is $51,577/year in Indiana. The Underwriter Analyst's salary will change in different locations.

Which location pays the highest Underwriter Analyst salary in the United States?

The Underwriter Analyst salary in San Jose, CA is $66,731 which is the highest in the US.

What kinds of reasons will influence the Underwriter Analyst's salary?

Besides the location, employees' education degree, related skills, and work experience also will influence the salary. Try to improve your skills and experience to get a higher salary for the position of Underwriter Analyst.

What is the growth rate of the Underwriter Analyst's salary?

If you are thinking of becoming an Underwriter Analyst or planning the next step in your career, find the detailed salary report of an Underwriter Analyst.