Business & Finance Salt Lake City, UT Pop. 200,133

Insurance Underwriter Salary in Salt Lake City, Utah

The median insurance underwriter salary in Salt Lake City, UT is $79,417 per year, which is 2.0% above the national median and 5.2% above the Utah state average.

City Median
$79,417
vs State Avg
+$3,893
vs National
+$1,557
Cost of Living
102%

Insurance Underwriter Salary in Salt Lake City by Experience

In Salt Lake City, 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 Salt Lake City, UT

Percentile Salt Lake City
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 Utah Cities

Provo, UT
$74,746
Pop. 115,162
West Jordan, UT
$74,746
Pop. 116,961
Orem, UT
$73,967
Pop. 97,499
West Valley City, UT
$73,188
Pop. 140,230

How to Become a Insurance Underwriter in Salt Lake City

Education

Most insurance underwriter positions require a bachelor's degree. Salt Lake City and the surrounding Utah 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 Salt Lake City may vary based on local industry and population growth.

Find Insurance Underwriter Jobs in Salt Lake City

Browse open insurance underwriter positions in Salt Lake City, UT:

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Frequently Asked Questions: Insurance Underwriter Salary in Salt Lake City

How much does a Insurance Underwriter make in Salt Lake City, UT? ▼
The median insurance underwriter salary in Salt Lake City, Utah 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 Salt Lake City? ▼
Based on the median annual salary of $79,417, a insurance underwriter in Salt Lake City earns approximately $38 per hour assuming a standard 2,080-hour work year.
How does Salt Lake City compare to the Utah state average for insurance underwriter pay? ▼
Salt Lake City's median insurance underwriter salary of $79,417 is 5.2% above the Utah state average of $75,524. The local cost of living index is 102% of the national average.
What is the cost of living in Salt Lake City, UT? ▼
Salt Lake City has a cost of living index of 102% compared to the national average. This means a insurance underwriter salary of $79,417 in Salt Lake City has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Salt Lake City? ▼
Most insurance underwriter positions in Salt Lake City 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.