Insurance Underwriter Salary in Salem, Oregon
The median insurance underwriter salary in Salem, OR is $79,417 per year, which is 2.0% above the national median and 7.3% below the Oregon state average.
Insurance Underwriter Pay in Salem: What to Expect (2026)
Salem offers a median insurance underwriter salary of $79,417, which is $6,229 below the Oregon state average of $85,646. Compared to the national median of $77,860, Salem pays above average for this role.
Salem's cost of living is 102% 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 Salem spans from $49,572 at the 10th percentile to $128,928 at the 90th percentile — a $79,356 spread. Entry-level professionals start around $51,000, while senior insurance underwriters with 8+ years of experience can earn up to $117,300. With a population of 175,535, Salem is a mid-sized metro with a growing job market.
Insurance Underwriter Salary in Salem by Experience
In Salem, 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.
Salary Percentiles in Salem, OR
| Percentile | Salem |
|---|---|
| 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 Oregon Cities
How to Become a Insurance Underwriter in Salem
Education
Most insurance underwriter positions require a bachelor's degree. Salem and the surrounding Oregon 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 Salem may vary based on local industry and population growth.
Find Insurance Underwriter Jobs in Salem
Browse open insurance underwriter positions in Salem, OR: