Business & Finance Washington (WA) Rank #9 of 50

Insurance Underwriter Salary in Washington

The median insurance underwriter salary in Washington is $89,539 per year, which is 15.0% above the national median of $77,860.

Median Salary
$89,539
vs National
+$11,679
State Rank
#9 of 50
Cost of Living
115%

Insurance Underwriter Salary in Washington by Experience

In Washington, an entry-level insurance underwriter earns around $57,500, while experienced professionals earn up to $132,250 per year. The cost of living index in Washington is 115% of the national average.

Entry Level (0-2 yrs)
$57,500
+$7,500 vs national
Mid Level (3-7 yrs)
$89,700
+$11,700 vs national
Senior Level (8+ yrs)
$132,250
+$17,250 vs national

Salary Percentiles in Washington

Percentile WA Salary
10th Percentile $55,890
25th Percentile $70,380
Median (50th) $89,539
75th Percentile $115,000
90th Percentile $145,360

Major Cities for Insurance Underwriters in Washington

The largest employment areas for insurance underwriters in Washington include Seattle, Spokane, Tacoma, and Bellevue. Salaries in major metro areas may be higher due to increased demand and cost of living.

Seattle, WA
Metro area for insurance underwriter employment
Spokane, WA
Metro area for insurance underwriter employment
Tacoma, WA
Metro area for insurance underwriter employment
Bellevue, WA
Metro area for insurance underwriter employment
Vancouver, WA
Metro area for insurance underwriter employment

How to Become a Insurance Underwriter in Washington

Education

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

Key Skills

Risk AssessmentAnalytical SkillsInsurance RegulationsUnderwriting SoftwareDecision-MakingAttention to Detail

Job Outlook in Washington

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