Business & Finance Sacramento, CA Pop. 524,943

Insurance Underwriter Salary in Sacramento, California

The median insurance underwriter salary in Sacramento, CA is $91,875 per year, which is 18.0% above the national median and 14.5% below the California state average.

City Median
$91,875
vs State Avg
$-15,572
vs National
+$14,015
Cost of Living
118%

Insurance Underwriter Salary in Sacramento by Experience

In Sacramento, an entry-level insurance underwriter earns around $59,000, while experienced professionals earn up to $135,700 per year. The local cost of living index is 118% of the national average.

Entry Level (0-2 yrs)
$59,000
+$9,000 vs national
Mid Level (3-7 yrs)
$92,040
+$14,040 vs national
Senior Level (8+ yrs)
$135,700
+$20,700 vs national

Salary Percentiles in Sacramento, CA

Percentile Sacramento
10th Percentile $57,348
25th Percentile $72,216
Median (50th) $91,875
75th Percentile $118,000
90th Percentile $149,152

Insurance Underwriter Salary in Other California Cities

How to Become a Insurance Underwriter in Sacramento

Education

Most insurance underwriter positions require a bachelor's degree. Sacramento 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 Sacramento may vary based on local industry and population growth.