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salary information

Salary Information for a Underwriter in Oklahoma City, OK

Median salary:

This data reflects Total Cash for a Level 5 Underwriter at a mid-size company. To get more detailed information on total compensation for the role of Underwriter in Oklahoma City, OK, including base pay, total cash, and equity by job level, region and company size, please join OpenComp.

25th percentile
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Behind the numbers

What is the adjusted total comp for a Underwriter in Oklahoma City, OK?

Total Comp (TC)
Cost of Living (COL) Index
COL-Adjusted TC
Median Home Price

Total Comp (TC)

Cost of Living (COL) Index
COL-Adjusted TC

Median Home Price

What are the responsibilities of an Underwriter in Oklahoma City, OK?

As an underwriter, it is your responsibility to assess and evaluate risks associated with insurance policies and ensure that they are in compliance with company standards and regulatory requirements. You must also analyze financial data to determine the appropriate premium rates and coverage terms for each policyholder. Additionally, you must maintain accurate records and communicate effectively with agents, brokers, and policyholders to provide excellent customer service.

What are the characteristics of a level 5 Underwriter?

A level 5 Underwriter in Oklahoma City, OK possesses a wide range of experience, and is looked to as a thought leader. Their work affects design, quality and timeline of entire product or service. Average experience 11 years.

Underwriter

Benchmark Role

Individual Contributor

Job Type

Underwriting

Job Family

Business

Job Area

Quality of Life in Oklahoma City, OK on a $120,450 Salary

Cost of Living

  • Overall Affordability: Oklahoma City's cost of living is generally lower than the U.S. average. This means that a salary of $120,450 goes further here than it might in more expensive regions.
  • Utilities and Groceries: These everyday expenses are typically less burdensome compared to more metropolitan areas, allowing for comfortable living and savings.
  • Transportation Costs: Reasonably priced, with fuel prices and local transit fares that are typically less than the national averages.

Housing Market

  • Median Home Price: As of recent data, the median home price in Oklahoma City is significantly lower than the national median. This provides an opportunity for higher home purchasing power.
  • Rental Costs: For those preferring to rent, Oklahoma City offers competitive rental prices, which are often less than in larger U.S. cities.
  • Neighborhood Options: A variety of neighborhoods cater to different lifestyle preferences, from urban living to suburban family-friendly areas.

Quality of Life

  • Community and Culture: Oklahoma City is known for its friendly community atmosphere and a variety of cultural and recreational activities.
  • Entertainment: Residents have access to a range of museums, parks, and sports events, which enrich the living experience without the steep costs associated with larger cities.

Access to Healthcare

  • Availability: Oklahoma City boasts a good number of healthcare providers and facilities.
  • Quality of Care: The city is home to well-regarded hospitals and specialists, providing quality healthcare services.
  • Cost of Healthcare: Generally aligns with the national average but made more affordable due to the lower cost of living.

Quality of K-12 Schools

  • Public Schools: The school districts vary, with some schools receiving high marks for educational quality, offering Advanced Placement (AP) courses and extracurricular options.
  • Private and Charter Options: There are numerous private and charter schools available, allowing for educational choices to suit different family needs.

Overall Assessment

A person earning $120,450 per year in Oklahoma City enjoys a comfortable lifestyle due to the lower cost of living compared to the broader United States. The housing market is accessible, healthcare services are robust, and the education system provides various options for families. With a welcoming community and ample leisure activities, the city supports a balanced and fulfilling life.

See salary information for the Underwriter role elsewhere in the United States

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OpenComp aggregates multiple data sources to provide accurate salary data for Oklahoma City, OK, specifically for a Level 5 Underwriter. The primary source is real-time, crowd-sourced salary information collected through direct integrations with hundreds of customer-connected HRIS platforms.

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