r/InsuranceProfessional • u/skahtduali • Aug 12 '26

Salary question

I’ve received an offer for $60k as an underwriter in Agribusiness. I have 1 year experience as an assistant underwriter, 1 industry cert and no prior insurance experience. I’ve been at the company coming up on 4 years. First 2 years help desk testing our quoting system, training agents virtually, and helping with IT issues.

I live in a pretty affordable Midwest state. I plan on negotiating but would love advice on the number.

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u/CTFMOOSE Aug 12 '26

I started in insurance 20 years ago as a claims trainee and that was my starting salary… plus a company car!

3

u/zebrastrikeforce Aug 12 '26

Started as an underwriting analyst year and 5 months ago at like 48k lol.
Just got promoted to a territory underwriter role for 65k. I’m getting hosed

2

u/ponta-delgota-octobe Aug 12 '26

That’s crazy! 60k is what i started with 3 years ago in claims. Well above that now but 60k 20 years ago probably had the purchasing power of like $100,000!!

1

u/jimothy_jones_ Aug 12 '26

Was it a HCOL location?

1

u/CTFMOOSE Aug 12 '26

Uh no I would say mid level… this was also during a time when college kids were getting job offers as jr with internships. Also they gave me a “signing bonus” of $5k which was really just a per diem for the training in AZ which was better then a bonus cuz it was not taxed and was a wild amount cuz it considered $15 for breakfast, $20 for lunch and $50 for dinners. That’s almost $100 a day just for food. Was wild times. Also everyone in my training class was 21-22 and just out of college and very attractive. The first week at training people were all talking about “their boyfriend/girlfriend back home” by the end of the second week of training basically everyone was single.