Business & Finance Idaho (ID) Rank #28 of 50

Insurance Underwriter Salary in Idaho

The median insurance underwriter salary in Idaho is $73,188 per year, which is 6% below the national median of $77,860.

Median Salary
$73,188
vs National
$-4,672
State Rank
#28 of 50
Cost of Living
94%

Insurance Underwriter Salary in Idaho by Experience

In Idaho, an entry-level insurance underwriter earns around $47,000, while experienced professionals earn up to $108,100 per year. The cost of living index in Idaho is 94% of the national average.

Entry Level (0-2 yrs)
$47,000
$-3,000 vs national
Mid Level (3-7 yrs)
$73,320
$-4,680 vs national
Senior Level (8+ yrs)
$108,100
$-6,900 vs national

Salary Percentiles in Idaho

Percentile ID Salary
10th Percentile $45,684
25th Percentile $57,528
Median (50th) $73,188
75th Percentile $94,000
90th Percentile $118,816

Major Cities for Insurance Underwriters in Idaho

The largest employment areas for insurance underwriters in Idaho include Boise, Meridian, Nampa, and Idaho Falls. Salaries in major metro areas may be higher due to increased demand and cost of living.

Boise, ID
Metro area for insurance underwriter employment
Meridian, ID
Metro area for insurance underwriter employment
Nampa, ID
Metro area for insurance underwriter employment
Idaho Falls, ID
Metro area for insurance underwriter employment
Pocatello, ID
Metro area for insurance underwriter employment

How to Become a Insurance Underwriter in Idaho

Education

Most insurance underwriter positions require a bachelor's degree. Idaho has several accredited institutions offering relevant programs.

Key Skills

Risk AssessmentAnalytical SkillsInsurance RegulationsUnderwriting SoftwareDecision-MakingAttention to Detail

Job Outlook in Idaho

Nationally, insurance underwriter employment is projected to grow -2% over the next decade (decline). Idaho's demand may vary based on local industry trends.