Business & Finance Great Falls, MT Pop. 60,442

Insurance Underwriter Salary in Great Falls, Montana

The median insurance underwriter salary in Great Falls, MT is $68,517 per year, which is 12% below the national median and 7.4% below the Montana state average.

City Median
$68,517
vs State Avg
$-5,450
vs National
$-9,343
Cost of Living
88%

Insurance Underwriter Salary in Great Falls by Experience

In Great 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 Great Falls, MT

Percentile Great 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 Montana Cities

Bozeman, MT
$89,539
Pop. 53,293
Missoula, MT
$79,417
Pop. 75,516
Billings, MT
$74,746
Pop. 117,116
Helena, MT
$73,188
Pop. 32,315

How to Become a Insurance Underwriter in Great Falls

Education

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

Find Insurance Underwriter Jobs in Great Falls

Browse open insurance underwriter positions in Great Falls, MT:

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Frequently Asked Questions: Insurance Underwriter Salary in Great Falls

How much does a Insurance Underwriter make in Great Falls, MT? ▼
The median insurance underwriter salary in Great Falls, Montana 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 Great Falls? ▼
Based on the median annual salary of $68,517, a insurance underwriter in Great Falls earns approximately $33 per hour assuming a standard 2,080-hour work year.
How does Great Falls compare to the Montana state average for insurance underwriter pay? ▼
Great Falls's median insurance underwriter salary of $68,517 is 7.4% below the Montana state average of $73,967. The local cost of living index is 88% of the national average.
What is the cost of living in Great Falls, MT? ▼
Great Falls has a cost of living index of 88% compared to the national average. This means a insurance underwriter salary of $68,517 in Great 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 Great Falls? ▼
Most insurance underwriter positions in Great 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.