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

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.