Business & Finance Missoula, MT Pop. 75,516

Insurance Underwriter Salary in Missoula, Montana

The median insurance underwriter salary in Missoula, MT is $79,417 per year, which is 2.0% above the national median and 7.4% above the Montana state average.

City Median
$79,417
vs State Avg
+$5,450
vs National
+$1,557
Cost of Living
102%

Insurance Underwriter Salary in Missoula by Experience

In Missoula, an entry-level insurance underwriter earns around $51,000, while experienced professionals earn up to $117,300 per year. The local cost of living index is 102% of the national average.

Entry Level (0-2 yrs)
$51,000
+$1,000 vs national
Mid Level (3-7 yrs)
$79,560
+$1,560 vs national
Senior Level (8+ yrs)
$117,300
+$2,300 vs national

Salary Percentiles in Missoula, MT

Percentile Missoula
10th Percentile $49,572
25th Percentile $62,424
Median (50th) $79,417
75th Percentile $102,000
90th Percentile $128,928

Insurance Underwriter Salary in Other Montana Cities

Bozeman, MT
$89,539
Pop. 53,293
Billings, MT
$74,746
Pop. 117,116
Helena, MT
$73,188
Pop. 32,315
Great Falls, MT
$68,517
Pop. 60,442

How to Become a Insurance Underwriter in Missoula

Education

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

Find Insurance Underwriter Jobs in Missoula

Browse open insurance underwriter positions in Missoula, MT:

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Frequently Asked Questions: Insurance Underwriter Salary in Missoula

How much does a Insurance Underwriter make in Missoula, MT? ▼
The median insurance underwriter salary in Missoula, Montana is $79,417 per year, which is 2.0% above the national median of $77,860. Salaries range from $49,572 (10th percentile) to $128,928 (90th percentile).
How much does a Insurance Underwriter make per hour in Missoula? ▼
Based on the median annual salary of $79,417, a insurance underwriter in Missoula earns approximately $38 per hour assuming a standard 2,080-hour work year.
How does Missoula compare to the Montana state average for insurance underwriter pay? ▼
Missoula's median insurance underwriter salary of $79,417 is 7.4% above the Montana state average of $73,967. The local cost of living index is 102% of the national average.
What is the cost of living in Missoula, MT? ▼
Missoula has a cost of living index of 102% compared to the national average. This means a insurance underwriter salary of $79,417 in Missoula has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Missoula? ▼
Most insurance underwriter positions in Missoula 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.