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

Boise, ID
$77,860
Pop. 235,684
Meridian, ID
$76,303
Pop. 117,635
Nampa, ID
$70,074
Pop. 100,200
Pocatello, ID
$66,960
Pop. 56,548

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.

Find Insurance Underwriter Jobs in Idaho Falls

Browse open insurance underwriter positions in Idaho Falls, ID:

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Frequently Asked Questions: Insurance Underwriter Salary in Idaho Falls

How much does a Insurance Underwriter make in Idaho Falls, ID? ▼
The median insurance underwriter salary in Idaho Falls, Idaho is $68,517 per year, which is 12% below the national median of $77,860. Salaries range from $42,768 (10th percentile) to $111,232 (90th percentile).
How much does a Insurance Underwriter make per hour in Idaho Falls? ▼
Based on the median annual salary of $68,517, a insurance underwriter in Idaho Falls earns approximately $33 per hour assuming a standard 2,080-hour work year.
How does Idaho Falls compare to the Idaho state average for insurance underwriter pay? ▼
Idaho Falls's median insurance underwriter salary of $68,517 is 6.4% below the Idaho state average of $73,188. The local cost of living index is 88% of the national average.
What is the cost of living in Idaho Falls, ID? ▼
Idaho Falls has a cost of living index of 88% compared to the national average. This means a insurance underwriter salary of $68,517 in Idaho Falls has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Idaho Falls? ▼
Most insurance underwriter positions in Idaho Falls 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.