Business & Finance Seattle, WA Pop. 737,015

Insurance Underwriter Salary in Seattle, Washington

The median insurance underwriter salary in Seattle, WA is $115,233 per year, which is 48.0% above the national median and 28.7% above the Washington state average.

City Median
$115,233
vs State Avg
+$25,694
vs National
+$37,373
Cost of Living
148%

Insurance Underwriter Salary in Seattle by Experience

In Seattle, an entry-level insurance underwriter earns around $74,000, while experienced professionals earn up to $170,200 per year. The local cost of living index is 148% of the national average.

Entry Level (0-2 yrs)
$74,000
+$24,000 vs national
Mid Level (3-7 yrs)
$115,440
+$37,440 vs national
Senior Level (8+ yrs)
$170,200
+$55,200 vs national

Salary Percentiles in Seattle, WA

Percentile Seattle
10th Percentile $71,928
25th Percentile $90,576
Median (50th) $115,233
75th Percentile $148,000
90th Percentile $187,072

Insurance Underwriter Salary in Other Washington Cities

How to Become a Insurance Underwriter in Seattle

Education

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

Find Insurance Underwriter Jobs in Seattle

Browse open insurance underwriter positions in Seattle, WA:

Frequently Asked Questions: Insurance Underwriter Salary in Seattle

How much does a Insurance Underwriter make in Seattle, WA?
The median insurance underwriter salary in Seattle, Washington is $115,233 per year, which is 48.0% above the national median of $77,860. Salaries range from $71,928 (10th percentile) to $187,072 (90th percentile).
How much does a Insurance Underwriter make per hour in Seattle?
Based on the median annual salary of $115,233, a insurance underwriter in Seattle earns approximately $55 per hour assuming a standard 2,080-hour work year.
How does Seattle compare to the Washington state average for insurance underwriter pay?
Seattle's median insurance underwriter salary of $115,233 is 28.7% above the Washington state average of $89,539. The local cost of living index is 148% of the national average.
What is the cost of living in Seattle, WA?
Seattle has a cost of living index of 148% compared to the national average. This means a insurance underwriter salary of $115,233 in Seattle has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Seattle?
Most insurance underwriter positions in Seattle 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.