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

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.