Business & Finance San Francisco, CA Pop. 873,965

Insurance Underwriter Salary in San Francisco, California

The median insurance underwriter salary in San Francisco, CA is $141,705 per year, which is 82.0% above the national median and 31.9% above the California state average.

City Median
$141,705
vs State Avg
+$34,258
vs National
+$63,845
Cost of Living
182%

Insurance Underwriter Salary in San Francisco by Experience

In San Francisco, an entry-level insurance underwriter earns around $91,000, while experienced professionals earn up to $209,300 per year. The local cost of living index is 182% of the national average.

Entry Level (0-2 yrs)
$91,000
+$41,000 vs national
Mid Level (3-7 yrs)
$141,960
+$63,960 vs national
Senior Level (8+ yrs)
$209,300
+$94,300 vs national

Salary Percentiles in San Francisco, CA

Percentile San Francisco
10th Percentile $88,452
25th Percentile $111,384
Median (50th) $141,705
75th Percentile $182,000
90th Percentile $230,048

Insurance Underwriter Salary in Other California Cities

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
Sacramento, CA
$91,875
Pop. 524,943

How to Become a Insurance Underwriter in San Francisco

Education

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

Find Insurance Underwriter Jobs in San Francisco

Browse open insurance underwriter positions in San Francisco, CA:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Insurance Underwriter Salary in San Francisco

How much does a Insurance Underwriter make in San Francisco, CA? ▼
The median insurance underwriter salary in San Francisco, California is $141,705 per year, which is 82.0% above the national median of $77,860. Salaries range from $88,452 (10th percentile) to $230,048 (90th percentile).
How much does a Insurance Underwriter make per hour in San Francisco? ▼
Based on the median annual salary of $141,705, a insurance underwriter in San Francisco earns approximately $68 per hour assuming a standard 2,080-hour work year.
How does San Francisco compare to the California state average for insurance underwriter pay? ▼
San Francisco's median insurance underwriter salary of $141,705 is 31.9% above the California state average of $107,447. The local cost of living index is 182% of the national average.
What is the cost of living in San Francisco, CA? ▼
San Francisco has a cost of living index of 182% compared to the national average. This means a insurance underwriter salary of $141,705 in San Francisco has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in San Francisco? ▼
Most insurance underwriter positions in San Francisco 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.