Business & Finance Tacoma, WA
Pop. 219,346
Insurance Underwriter Salary in Tacoma, Washington
The median insurance underwriter salary in Tacoma, WA is $85,646 per year, which is 10.0% above the national median and 4.3% below the Washington state average.
City Median
$85,646
vs State Avg
$-3,893
vs National
+$7,786
Cost of Living
110%
Insurance Underwriter Salary in Tacoma by Experience
In Tacoma, an entry-level insurance underwriter earns around $55,000, while experienced professionals earn up to $126,500 per year. The local cost of living index is 110% of the national average.
Entry Level (0-2 yrs)
$55,000
+$5,000 vs national
Mid Level (3-7 yrs)
$85,800
+$7,800 vs national
Senior Level (8+ yrs)
$126,500
+$11,500 vs national
Salary Percentiles in Tacoma, WA
| Percentile | Tacoma |
|---|---|
| 10th Percentile | $53,460 |
| 25th Percentile | $67,320 |
| Median (50th) | $85,646 |
| 75th Percentile | $110,000 |
| 90th Percentile | $139,040 |
Insurance Underwriter Salary in Other Washington Cities
How to Become a Insurance Underwriter in Tacoma
Education
Most insurance underwriter positions require a bachelor's degree. Tacoma 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 Tacoma may vary based on local industry and population growth.