Business & Finance Meridian, ID Pop. 117,635

Insurance Underwriter Salary in Meridian, Idaho

The median insurance underwriter salary in Meridian, ID is $76,303 per year, which is 2% below the national median and 4.3% above the Idaho state average.

City Median
$76,303
vs State Avg
+$3,115
vs National
$-1,557
Cost of Living
98%

Insurance Underwriter Salary in Meridian by Experience

In Meridian, an entry-level insurance underwriter earns around $49,000, while experienced professionals earn up to $112,700 per year. The local cost of living index is 98% of the national average.

Entry Level (0-2 yrs)
$49,000
$-1,000 vs national
Mid Level (3-7 yrs)
$76,440
$-1,560 vs national
Senior Level (8+ yrs)
$112,700
$-2,300 vs national

Salary Percentiles in Meridian, ID

Percentile Meridian
10th Percentile $47,628
25th Percentile $59,976
Median (50th) $76,303
75th Percentile $98,000
90th Percentile $123,872

Insurance Underwriter Salary in Other Idaho Cities

Boise, ID
$77,860
Pop. 235,684
Nampa, ID
$70,074
Pop. 100,200
Idaho Falls, ID
$68,517
Pop. 64,609
Pocatello, ID
$66,960
Pop. 56,548

How to Become a Insurance Underwriter in Meridian

Education

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

Find Insurance Underwriter Jobs in Meridian

Browse open insurance underwriter positions in Meridian, ID:

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Frequently Asked Questions: Insurance Underwriter Salary in Meridian

How much does a Insurance Underwriter make in Meridian, ID? ▼
The median insurance underwriter salary in Meridian, Idaho is $76,303 per year, which is 2% below the national median of $77,860. Salaries range from $47,628 (10th percentile) to $123,872 (90th percentile).
How much does a Insurance Underwriter make per hour in Meridian? ▼
Based on the median annual salary of $76,303, a insurance underwriter in Meridian earns approximately $37 per hour assuming a standard 2,080-hour work year.
How does Meridian compare to the Idaho state average for insurance underwriter pay? ▼
Meridian's median insurance underwriter salary of $76,303 is 4.3% above the Idaho state average of $73,188. The local cost of living index is 98% of the national average.
What is the cost of living in Meridian, ID? ▼
Meridian has a cost of living index of 98% compared to the national average. This means a insurance underwriter salary of $76,303 in Meridian has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Meridian? ▼
Most insurance underwriter positions in Meridian 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.