Business & Finance Bellevue, WA Pop. 151,854

Insurance Underwriter Salary in Bellevue, Washington

The median insurance underwriter salary in Bellevue, WA is $118,347 per year, which is 52.0% above the national median and 32.2% above the Washington state average.

City Median
$118,347
vs State Avg
+$28,808
vs National
+$40,487
Cost of Living
152%

Insurance Underwriter Salary in Bellevue by Experience

In Bellevue, an entry-level insurance underwriter earns around $76,000, while experienced professionals earn up to $174,800 per year. The local cost of living index is 152% of the national average.

Entry Level (0-2 yrs)
$76,000
+$26,000 vs national
Mid Level (3-7 yrs)
$118,560
+$40,560 vs national
Senior Level (8+ yrs)
$174,800
+$59,800 vs national

Salary Percentiles in Bellevue, WA

Percentile Bellevue
10th Percentile $73,872
25th Percentile $93,024
Median (50th) $118,347
75th Percentile $152,000
90th Percentile $192,128

Insurance Underwriter Salary in Other Washington Cities

Seattle, WA
$115,233
Pop. 737,015
Tacoma, WA
$85,646
Pop. 219,346
Vancouver, WA
$79,417
Pop. 190,915
Spokane, WA
$71,631
Pop. 228,989

How to Become a Insurance Underwriter in Bellevue

Education

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

Find Insurance Underwriter Jobs in Bellevue

Browse open insurance underwriter positions in Bellevue, WA:

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Frequently Asked Questions: Insurance Underwriter Salary in Bellevue

How much does a Insurance Underwriter make in Bellevue, WA? ▼
The median insurance underwriter salary in Bellevue, Washington is $118,347 per year, which is 52.0% above the national median of $77,860. Salaries range from $73,872 (10th percentile) to $192,128 (90th percentile).
How much does a Insurance Underwriter make per hour in Bellevue? ▼
Based on the median annual salary of $118,347, a insurance underwriter in Bellevue earns approximately $57 per hour assuming a standard 2,080-hour work year.
How does Bellevue compare to the Washington state average for insurance underwriter pay? ▼
Bellevue's median insurance underwriter salary of $118,347 is 32.2% above the Washington state average of $89,539. The local cost of living index is 152% of the national average.
What is the cost of living in Bellevue, WA? ▼
Bellevue has a cost of living index of 152% compared to the national average. This means a insurance underwriter salary of $118,347 in Bellevue has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Bellevue? ▼
Most insurance underwriter positions in Bellevue 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.