Business & Finance California (CA) Rank #3 of 50

Insurance Underwriter Salary in California

The median insurance underwriter salary in California is $107,447 per year, which is 38.0% above the national median of $77,860.

Median Salary
$107,447
vs National
+$29,587
State Rank
#3 of 50
Cost of Living
138%

Insurance Underwriter Salary in California by Experience

In California, an entry-level insurance underwriter earns around $69,000, while experienced professionals earn up to $158,700 per year. The cost of living index in California is 138% of the national average.

Entry Level (0-2 yrs)
$69,000
+$19,000 vs national
Mid Level (3-7 yrs)
$107,640
+$29,640 vs national
Senior Level (8+ yrs)
$158,700
+$43,700 vs national

Salary Percentiles in California

Percentile CA Salary
10th Percentile $67,068
25th Percentile $84,456
Median (50th) $107,447
75th Percentile $138,000
90th Percentile $174,432

Major Cities for Insurance Underwriters in California

The largest employment areas for insurance underwriters in California include Los Angeles, San Francisco, San Diego, and San Jose. Salaries in major metro areas may be higher due to increased demand and cost of living.

Los Angeles, CA
Metro area for insurance underwriter employment
San Francisco, CA
Metro area for insurance underwriter employment
San Diego, CA
Metro area for insurance underwriter employment
San Jose, CA
Metro area for insurance underwriter employment
Sacramento, CA
Metro area for insurance underwriter employment

How to Become a Insurance Underwriter in California

Education

Most insurance underwriter positions require a bachelor's degree. California has several accredited institutions offering relevant programs.

Key Skills

Risk AssessmentAnalytical SkillsInsurance RegulationsUnderwriting SoftwareDecision-MakingAttention to Detail

Job Outlook in California

Nationally, insurance underwriter employment is projected to grow -2% over the next decade (decline). California's demand may vary based on local industry trends.