Business & Finance Los Angeles, CA Pop. 3,898,747

Insurance Underwriter Salary in Los Angeles, California

The median insurance underwriter salary in Los Angeles, CA is $113,676 per year, which is 46.0% above the national median and 5.8% above the California state average.

City Median
$113,676
vs State Avg
+$6,229
vs National
+$35,816
Cost of Living
146%

Insurance Underwriter Salary in Los Angeles by Experience

In Los Angeles, an entry-level insurance underwriter earns around $73,000, while experienced professionals earn up to $167,900 per year. The local cost of living index is 146% of the national average.

Entry Level (0-2 yrs)
$73,000
+$23,000 vs national
Mid Level (3-7 yrs)
$113,880
+$35,880 vs national
Senior Level (8+ yrs)
$167,900
+$52,900 vs national

Salary Percentiles in Los Angeles, CA

Percentile Los Angeles
10th Percentile $70,956
25th Percentile $89,352
Median (50th) $113,676
75th Percentile $146,000
90th Percentile $184,544

Insurance Underwriter Salary in Other California Cities

San Francisco, CA
$141,705
Pop. 873,965
San Jose, CA
$130,805
Pop. 1,013,240
San Diego, CA
$110,561
Pop. 1,386,932
Sacramento, CA
$91,875
Pop. 524,943

How to Become a Insurance Underwriter in Los Angeles

Education

Most insurance underwriter positions require a bachelor's degree. Los Angeles and the surrounding California area have institutions offering relevant programs.

Key Skills

Risk AssessmentAnalytical SkillsInsurance RegulationsUnderwriting SoftwareDecision-MakingAttention to Detail

Job Outlook

Nationally, insurance underwriter employment is projected to grow -2% over the next decade (decline). Demand in Los Angeles may vary based on local industry and population growth.

Find Insurance Underwriter Jobs in Los Angeles

Browse open insurance underwriter positions in Los Angeles, CA:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Insurance Underwriter Salary in Los Angeles

How much does a Insurance Underwriter make in Los Angeles, CA? ▼
The median insurance underwriter salary in Los Angeles, California is $113,676 per year, which is 46.0% above the national median of $77,860. Salaries range from $70,956 (10th percentile) to $184,544 (90th percentile).
How much does a Insurance Underwriter make per hour in Los Angeles? ▼
Based on the median annual salary of $113,676, a insurance underwriter in Los Angeles earns approximately $55 per hour assuming a standard 2,080-hour work year.
How does Los Angeles compare to the California state average for insurance underwriter pay? ▼
Los Angeles's median insurance underwriter salary of $113,676 is 5.8% above the California state average of $107,447. The local cost of living index is 146% of the national average.
What is the cost of living in Los Angeles, CA? ▼
Los Angeles has a cost of living index of 146% compared to the national average. This means a insurance underwriter salary of $113,676 in Los Angeles has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Los Angeles? ▼
Most insurance underwriter positions in Los Angeles require a bachelor's degree. Key skills include Risk Assessment, Analytical Skills, Insurance Regulations, Underwriting Software. The job market is projected to grow -2% nationally over the next decade.