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

Bellevue, WA
$118,347
Pop. 151,854
Seattle, WA
$115,233
Pop. 737,015
Vancouver, WA
$79,417
Pop. 190,915
Spokane, WA
$71,631
Pop. 228,989

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.

Find Insurance Underwriter Jobs in Tacoma

Browse open insurance underwriter positions in Tacoma, WA:

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Frequently Asked Questions: Insurance Underwriter Salary in Tacoma

How much does a Insurance Underwriter make in Tacoma, WA? ▼
The median insurance underwriter salary in Tacoma, Washington is $85,646 per year, which is 10.0% above the national median of $77,860. Salaries range from $53,460 (10th percentile) to $139,040 (90th percentile).
How much does a Insurance Underwriter make per hour in Tacoma? ▼
Based on the median annual salary of $85,646, a insurance underwriter in Tacoma earns approximately $41 per hour assuming a standard 2,080-hour work year.
How does Tacoma compare to the Washington state average for insurance underwriter pay? ▼
Tacoma's median insurance underwriter salary of $85,646 is 4.3% below the Washington state average of $89,539. The local cost of living index is 110% of the national average.
What is the cost of living in Tacoma, WA? ▼
Tacoma has a cost of living index of 110% compared to the national average. This means a insurance underwriter salary of $85,646 in Tacoma has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Tacoma? ▼
Most insurance underwriter positions in Tacoma 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.