Business & Finance Utah (UT) Rank #24 of 50

Insurance Underwriter Salary in Utah

The median insurance underwriter salary in Utah is $75,524 per year, which is 3% below the national median of $77,860.

Median Salary
$75,524
vs National
$-2,336
State Rank
#24 of 50
Cost of Living
97%

Insurance Underwriter Salary in Utah by Experience

In Utah, an entry-level insurance underwriter earns around $48,500, while experienced professionals earn up to $111,550 per year. The cost of living index in Utah is 97% of the national average.

Entry Level (0-2 yrs)
$48,500
$-1,500 vs national
Mid Level (3-7 yrs)
$75,660
$-2,340 vs national
Senior Level (8+ yrs)
$111,550
$-3,450 vs national

Salary Percentiles in Utah

Percentile UT Salary
10th Percentile $47,142
25th Percentile $59,364
Median (50th) $75,524
75th Percentile $97,000
90th Percentile $122,608

Major Cities for Insurance Underwriters in Utah

The largest employment areas for insurance underwriters in Utah include Salt Lake City, West Valley City, Provo, and West Jordan. Salaries in major metro areas may be higher due to increased demand and cost of living.

Salt Lake City, UT
Metro area for insurance underwriter employment
West Valley City, UT
Metro area for insurance underwriter employment
Provo, UT
Metro area for insurance underwriter employment
West Jordan, UT
Metro area for insurance underwriter employment
Orem, UT
Metro area for insurance underwriter employment

How to Become a Insurance Underwriter in Utah

Education

Most insurance underwriter positions require a bachelor's degree. Utah has several accredited institutions offering relevant programs.

Key Skills

Risk AssessmentAnalytical SkillsInsurance RegulationsUnderwriting SoftwareDecision-MakingAttention to Detail

Job Outlook in Utah

Nationally, insurance underwriter employment is projected to grow -2% over the next decade (decline). Utah's demand may vary based on local industry trends.