Business & Finance Idaho Falls, ID Pop. 64,609

Insurance Underwriter Salary in Idaho Falls, Idaho

The median insurance underwriter salary in Idaho Falls, ID is $68,517 per year, which is 12% below the national median and 6.4% below the Idaho state average.

City Median
$68,517
vs State Avg
$-4,671
vs National
$-9,343
Cost of Living
88%

Insurance Underwriter Salary in Idaho Falls by Experience

In Idaho Falls, an entry-level insurance underwriter earns around $44,000, while experienced professionals earn up to $101,200 per year. The local cost of living index is 88% of the national average.

Entry Level (0-2 yrs)
$44,000
$-6,000 vs national
Mid Level (3-7 yrs)
$68,640
$-9,360 vs national
Senior Level (8+ yrs)
$101,200
$-13,800 vs national

Salary Percentiles in Idaho Falls, ID

Percentile Idaho Falls
10th Percentile $42,768
25th Percentile $53,856
Median (50th) $68,517
75th Percentile $88,000
90th Percentile $111,232

Insurance Underwriter Salary in Other Idaho Cities

How to Become a Insurance Underwriter in Idaho Falls

Education

Most insurance underwriter positions require a bachelor's degree. Idaho Falls and the surrounding Idaho 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 Idaho Falls may vary based on local industry and population growth.