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.