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.
Insurance Underwriter Pay in Billings: What to Expect (2026)
Billings offers a median insurance underwriter salary of $74,746, which is $779 above the Montana state average of $73,967. Compared to the national median of $77,860, Billings pays below the national benchmark for this role.
Billings's cost of living is 96% of the national average, meaning salary figures here closely reflect actual purchasing power. This makes direct comparisons to other cities straightforward.
The salary range for insurance underwriters in Billings spans from $46,656 at the 10th percentile to $121,344 at the 90th percentile — a $74,688 spread. Entry-level professionals start around $48,000, while senior insurance underwriters with 8+ years of experience can earn up to $110,400. With a population of 117,116, Billings is a mid-sized metro with a growing job market.
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.
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
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.
Find Insurance Underwriter Jobs in Billings
Browse open insurance underwriter positions in Billings, MT: