Business & Finance Spokane, WA Pop. 228,989

Insurance Underwriter Salary in Spokane, Washington

The median insurance underwriter salary in Spokane, WA is $71,631 per year, which is 8% below the national median and 20% below the Washington state average.

City Median
$71,631
vs State Avg
$-17,908
vs National
$-6,229
Cost of Living
92%

Insurance Underwriter Pay in Spokane: What to Expect (2026)

Spokane offers a median insurance underwriter salary of $71,631, which is $17,908 below the Washington state average of $89,539. Compared to the national median of $77,860, Spokane pays below the national benchmark for this role.

Spokane's cost of living is 92% of the national average, meaning salary figures here closely reflect actual purchasing power. This makes direct comparisons to other cities straightforward.

The salary range for insurance underwriters in Spokane spans from $44,712 at the 10th percentile to $116,288 at the 90th percentile — a $71,576 spread. Entry-level professionals start around $46,000, while senior insurance underwriters with 8+ years of experience can earn up to $105,800. With a population of 228,989, Spokane is a mid-sized metro with a growing job market.

Insurance Underwriter Salary in Spokane by Experience

In Spokane, an entry-level insurance underwriter earns around $46,000, while experienced professionals earn up to $105,800 per year. The local cost of living index is 92% of the national average.

Entry Level (0-2 yrs)
$46,000
$-4,000 vs national
Mid Level (3-7 yrs)
$71,760
$-6,240 vs national
Senior Level (8+ yrs)
$105,800
$-9,200 vs national

Salary Percentiles in Spokane, WA

Percentile Spokane
10th Percentile $44,712
25th Percentile $56,304
Median (50th) $71,631
75th Percentile $92,000
90th Percentile $116,288

Insurance Underwriter Salary in Other Washington Cities

Bellevue, WA
$118,347
Pop. 151,854
Seattle, WA
$115,233
Pop. 737,015
Tacoma, WA
$85,646
Pop. 219,346
Vancouver, WA
$79,417
Pop. 190,915

How to Become a Insurance Underwriter in Spokane

Education

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

Find Insurance Underwriter Jobs in Spokane

Browse open insurance underwriter positions in Spokane, WA:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Insurance Underwriter Salary in Spokane

How much does a Insurance Underwriter make in Spokane, WA? ▼
The median insurance underwriter salary in Spokane, Washington is $71,631 per year, which is 8% below the national median of $77,860. Salaries range from $44,712 (10th percentile) to $116,288 (90th percentile).
How much does a Insurance Underwriter make per hour in Spokane? ▼
Based on the median annual salary of $71,631, a insurance underwriter in Spokane earns approximately $34 per hour assuming a standard 2,080-hour work year.
How does Spokane compare to the Washington state average for insurance underwriter pay? ▼
Spokane's median insurance underwriter salary of $71,631 is 20% below the Washington state average of $89,539. The local cost of living index is 92% of the national average.
What is the cost of living in Spokane, WA? ▼
Spokane has a cost of living index of 92% compared to the national average. This means a insurance underwriter salary of $71,631 in Spokane has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Spokane? ▼
Most insurance underwriter positions in Spokane 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.