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Salary Information for a Underwriter in Wichita, KS

Median salary:

This data reflects Total Cash for a Level 3 Underwriter at a mid-size company. To get more detailed information on total compensation for the role of Underwriter in Wichita, KS, 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 Wichita, KS?

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 Wichita, KS?

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 3 Underwriter?

A level 3 Underwriter in Wichita, KS is a seasoned professional with competence, creativity in wide range of technical areas. They resolves most issues and problems effectively. Average experience 5.5 years.

Underwriter

Benchmark Role

Individual Contributor

Job Type

Underwriting

Job Family

Business

Job Area

Quality of Life in Wichita, KS on a $84,750 Salary

When considering a salary of $84,750 per year in Wichita, KS, it's essential to evaluate various factors that contribute to the overall quality of life. These factors include the cost of living, housing market, access to healthcare, and quality of education compared to the broader United States.

Cost of Living

  • Overall Affordability: Wichita, KS, boasts a cost of living that is below the national average. This makes the city an attractive option for those wanting more purchasing power out of their salary.
  • Everyday Expenses: Groceries, utilities, and transportation costs in Wichita are generally affordable, contributing to a favorable discretionary income for residents.

Housing Market

  • Home Prices: Housing in Wichita is significantly cheaper than the national median. This allows individuals making $84,750 annually to afford a larger or more comfortable home than they might elsewhere in the country.
  • Renting vs. Buying: The rent prices are also reasonable, making it viable for individuals and families to choose between renting and buying based on personal preference without substantial financial strain.

Quality of Life

  • Community and Lifestyle: Wichita offers a blend of urban amenities and suburban comforts, characterized by a friendly community vibe. Residents can enjoy cultural activities, parks, and a slower pace of life compared to larger metropolitan areas.
  • Work-Life Balance: The manageable commute times and less congested traffic contribute to improved work-life balance for residents.

Access to Healthcare

  • Healthcare Facilities: Wichita is home to several reputable hospitals and healthcare providers, ensuring good access to medical care.
  • Healthcare Costs: Medical expenses and health insurance premiums in Wichita tend to be lower than the national average, relieving some financial pressure from households.

Quality of K-12 Schools

  • Public School System: Wichita has various public school options, with some schools highly rated in terms of academic performance and extracurricular offerings.
  • Private Schooling: There are also several private and charter schools, providing families with a range of educational choices for their children.

Summary

Earning $84,750 per year in Wichita, KS, provides a comfortable lifestyle due to the city's lower cost of living and affordable housing market compared to the broader United States. Residents benefit from good access to healthcare and a variety of educational opportunities. Wichita offers an appealing balance of urban conveniences and community-focused living, enhancing the

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OpenComp aggregates multiple data sources to provide accurate salary data for Wichita, KS, specifically for a Level 3 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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