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

San Francisco, CA
$141,705
Pop. 873,965
San Jose, CA
$130,805
Pop. 1,013,240
Los Angeles, CA
$113,676
Pop. 3,898,747
San Diego, CA
$110,561
Pop. 1,386,932

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:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

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.