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 Pay in Sacramento: What to Expect (2026)

Sacramento offers a median insurance underwriter salary of $91,875, which is $15,572 below the California state average of $107,447. Compared to the national median of $77,860, Sacramento pays above average for this role.

However, Sacramento's cost of living index is 118%, significantly above the national average. After adjusting for local costs, the $91,875 salary has an effective purchasing power of approximately $77,860. Housing, transportation, and food costs in Sacramento should be factored into any relocation or job-change decision.

The salary range for insurance underwriters in Sacramento spans from $57,348 at the 10th percentile to $149,152 at the 90th percentile — a $91,804 spread. Entry-level professionals start around $59,000, while senior insurance underwriters with 8+ years of experience can earn up to $135,700. As a major metro area with a population of 524,943, Sacramento typically offers more job opportunities and employer competition, which can drive salaries higher.

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.

Find Insurance Underwriter Jobs in Sacramento

Browse open insurance underwriter positions in Sacramento, CA:

Frequently Asked Questions: Insurance Underwriter Salary in Sacramento

How much does a Insurance Underwriter make in Sacramento, CA? ▼
The median insurance underwriter salary in Sacramento, California is $91,875 per year, which is 18.0% above the national median of $77,860. Salaries range from $57,348 (10th percentile) to $149,152 (90th percentile).
How much does a Insurance Underwriter make per hour in Sacramento? ▼
Based on the median annual salary of $91,875, a insurance underwriter in Sacramento earns approximately $44 per hour assuming a standard 2,080-hour work year.
How does Sacramento compare to the California state average for insurance underwriter pay? ▼
Sacramento's median insurance underwriter salary of $91,875 is 14.5% below the California state average of $107,447. The local cost of living index is 118% of the national average.
What is the cost of living in Sacramento, CA? ▼
Sacramento has a cost of living index of 118% compared to the national average. This means a insurance underwriter salary of $91,875 in Sacramento has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Sacramento? ▼
Most insurance underwriter positions in Sacramento 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.