Business & Finance Bozeman, MT Pop. 53,293

Insurance Underwriter Salary in Bozeman, Montana

The median insurance underwriter salary in Bozeman, MT is $89,539 per year, which is 15.0% above the national median and 21.1% above the Montana state average.

City Median
$89,539
vs State Avg
+$15,572
vs National
+$11,679
Cost of Living
115%

Insurance Underwriter Salary in Bozeman by Experience

In Bozeman, an entry-level insurance underwriter earns around $57,500, while experienced professionals earn up to $132,250 per year. The local cost of living index is 115% of the national average.

Entry Level (0-2 yrs)
$57,500
+$7,500 vs national
Mid Level (3-7 yrs)
$89,700
+$11,700 vs national
Senior Level (8+ yrs)
$132,250
+$17,250 vs national

Salary Percentiles in Bozeman, MT

Percentile Bozeman
10th Percentile $55,890
25th Percentile $70,380
Median (50th) $89,539
75th Percentile $115,000
90th Percentile $145,360

Insurance Underwriter Salary in Other Montana Cities

How to Become a Insurance Underwriter in Bozeman

Education

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

Find Insurance Underwriter Jobs in Bozeman

Browse open insurance underwriter positions in Bozeman, MT:

Frequently Asked Questions: Insurance Underwriter Salary in Bozeman

How much does a Insurance Underwriter make in Bozeman, MT?
The median insurance underwriter salary in Bozeman, Montana is $89,539 per year, which is 15.0% above the national median of $77,860. Salaries range from $55,890 (10th percentile) to $145,360 (90th percentile).
How much does a Insurance Underwriter make per hour in Bozeman?
Based on the median annual salary of $89,539, a insurance underwriter in Bozeman earns approximately $43 per hour assuming a standard 2,080-hour work year.
How does Bozeman compare to the Montana state average for insurance underwriter pay?
Bozeman's median insurance underwriter salary of $89,539 is 21.1% above the Montana state average of $73,967. The local cost of living index is 115% of the national average.
What is the cost of living in Bozeman, MT?
Bozeman has a cost of living index of 115% compared to the national average. This means a insurance underwriter salary of $89,539 in Bozeman has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Bozeman?
Most insurance underwriter positions in Bozeman 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.