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 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
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.