How much does an Agency Underwriter make in South Dakota? As of September 01, 2026, the average salary for an Agency Underwriter in South Dakota is $66,350 per year, which breaks down to an hourly rate of $32.

However, an Agency Underwriter's salary can vary significantly. Here's a look at the typical salary range:

  • Top Earners (90th percentile): $74,686
  • Majority Range (25th-75th percentile): $61,354 to $70,713
  • Entry-Level (10th percentile): $56,806

Key Factors That Influence Agency Underwriter Salaries

An Agency Underwriter's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.

How Experience Level Affects Agency Underwriter Salaries?

Experience is a primary driver of an Agency Underwriter's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Entry-Level (less than 1 year): $55,541
  • Early Career (1-2 years): $65,441
  • Mid-Level (2-4 years): $85,074
  • Senior-Level (5-8 years): $99,377
  • Expert (over 8 years): $122,457
Job RoleYears of ExperienceAverage Salary
Underwriter I less than 1 year $55,541
Agency Underwriter 1-2 years $65,441
Underwriter III 2-4 years $85,074
Underwriter IV 5-8 years $99,377
Underwriter V over 8 years $122,457

Top Paying Cities for Agency Underwriter

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • Alcester: $67,041
  • Aurora: $67,397
  • Baltic: $66,672

Agency Underwriter Salary by Industry: Top Paying Sectors

For Agency Underwriter roles, the industry you choose can affect earning potential by as much as 70% (the gap between the highest and lowest paying industries). Data shows that the Insurance and Financial Services sectors offer the strongest compensation, at 30% above the average. In contrast, Agency Underwriter positions in Retail & Wholesale or Edu., Gov't. & Nonprofit typically offer lower base pay, as these industries often view Agency Underwriter as a support function rather than a direct revenue driver.

The top paying industries for an Agency Underwriter

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Insurance $86,255 $41.0 30%
Financial Services $79,620 $38.0 20%
Healthcare $72,985 $35.0 10%

Agency Underwriter Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how an Agency Underwriter's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

  • Yearly
  • Monthly
  • Weekly
  • Hourly
  • Table View
Last Updated on September 01, 2026
$61,354
Average $66,350/year
$70,713
$5,113
Average $5,529/month
$5,893
$1,180
Average $1,276/week
$1,360
$29
Average $32/hour
$34
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $70,713 $5,893 $1,360 $34
Average $66,350 $5,529 $1,276 $32
25th Percentile $61,354 $5,113 $1,180 $29

Find Your Next Agency Underwriter Job

Ready to take the next step in your career? Browse thousands of current Agency Underwriter job openings on our job board. Use the search bar below to find your perfect match.

  • Partners 1st Federal Credit Union | FORT WAYNE, IN

    Partners 1st Federal Credit Union | FORT WAYNE, IN

    Description. Partners 1st Federal Credit Union will provide U with a competitive salary, paid illness, personal time, vacation, holidays, medical/dental/vi... more

    19 Days Ago

  • Allied National, Inc | OVERLAND PARK, KS

    Allied National, Inc | OVERLAND PARK, KS

    Description. Allied is looking for an experienced Medical Underwriter who has worked within large group and stop loss to join our growing team. The Large G... more

    19 Days Ago

  • Reliance Savings Bank | ALTOONA, PA

    Reliance Savings Bank | ALTOONA, PA

    Description. Build Your Banking Career with Reliance Bank. Reliance Bank is looking for a customer-focused and detail-oriented Retail Loan Processor/Underw... more

    19 Days Ago

  • Civista Bank | PITTSBURGH, PA

    Civista Bank | PITTSBURGH, PA

    Civista Bank. Description. Position Purpose. With limited supervision, the Credit Underwriter – Leasing, will perform credit analysis, lease presentations ... more

    9 Days Ago

  • Norton Healthcare | LOUISVILLE, KY

    Norton Healthcare | LOUISVILLE, KY

    Respiratory Care Practitioner, System Float Positions with Norton Clinical Agency. Responsibilities. When you are an employee at Norton Healthcare, you wil... more

    19 Days Ago

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Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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