Business & Finance Billings, MT
Pop. 117,116
Insurance Underwriter Salary in Billings, Montana
The median insurance underwriter salary in Billings, MT is $74,746 per year, which is 4% below the national median and 1.1% above the Montana state average.
City Median
$74,746
vs State Avg
+$779
vs National
$-3,114
Cost of Living
96%
Insurance Underwriter Salary in Billings by Experience
In Billings, an entry-level insurance underwriter earns around $48,000, while experienced professionals earn up to $110,400 per year. The local cost of living index is 96% of the national average.
Entry Level (0-2 yrs)
$48,000
$-2,000 vs national
Mid Level (3-7 yrs)
$74,880
$-3,120 vs national
Senior Level (8+ yrs)
$110,400
$-4,600 vs national
Salary Percentiles in Billings, MT
| Percentile | Billings |
|---|---|
| 10th Percentile | $46,656 |
| 25th Percentile | $58,752 |
| Median (50th) | $74,746 |
| 75th Percentile | $96,000 |
| 90th Percentile | $121,344 |
Insurance Underwriter Salary in Other Montana Cities
How to Become a Insurance Underwriter in Billings
Education
Most insurance underwriter positions require a bachelor's degree. Billings and the surrounding Montana 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 Billings may vary based on local industry and population growth.