Business & Finance Helena, MT Pop. 32,315

Insurance Underwriter Salary in Helena, Montana

The median insurance underwriter salary in Helena, MT is $73,188 per year, which is 6% below the national median and 1.1% below the Montana state average.

City Median
$73,188
vs State Avg
$-779
vs National
$-4,672
Cost of Living
94%

Insurance Underwriter Salary in Helena by Experience

In Helena, an entry-level insurance underwriter earns around $47,000, while experienced professionals earn up to $108,100 per year. The local cost of living index is 94% of the national average.

Entry Level (0-2 yrs)
$47,000
$-3,000 vs national
Mid Level (3-7 yrs)
$73,320
$-4,680 vs national
Senior Level (8+ yrs)
$108,100
$-6,900 vs national

Salary Percentiles in Helena, MT

Percentile Helena
10th Percentile $45,684
25th Percentile $57,528
Median (50th) $73,188
75th Percentile $94,000
90th Percentile $118,816

Insurance Underwriter Salary in Other Montana Cities

How to Become a Insurance Underwriter in Helena

Education

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

Find Insurance Underwriter Jobs in Helena

Browse open insurance underwriter positions in Helena, MT:

Frequently Asked Questions: Insurance Underwriter Salary in Helena

How much does a Insurance Underwriter make in Helena, MT?
The median insurance underwriter salary in Helena, Montana is $73,188 per year, which is 6% below the national median of $77,860. Salaries range from $45,684 (10th percentile) to $118,816 (90th percentile).
How much does a Insurance Underwriter make per hour in Helena?
Based on the median annual salary of $73,188, a insurance underwriter in Helena earns approximately $35 per hour assuming a standard 2,080-hour work year.
How does Helena compare to the Montana state average for insurance underwriter pay?
Helena's median insurance underwriter salary of $73,188 is 1.1% below the Montana state average of $73,967. The local cost of living index is 94% of the national average.
What is the cost of living in Helena, MT?
Helena has a cost of living index of 94% compared to the national average. This means a insurance underwriter salary of $73,188 in Helena has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Helena?
Most insurance underwriter positions in Helena 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.