Insurance Underwriter Salary Information in Montana

The average annual and hourly salaries for insurance underwriters in the state of Montana are shown in Table 1 and Table 2, respectively. The comparison of the salary statistics of insurance underwriters amongst Montana cities is shown in Table 3. The salary statistics are based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2017 and published in April 2018 [1].

Table 1 & 2. Annual & Hourly Salary of Insurance Underwriters in Montana

Percentile BracketAverage Annual Salary
10th Percentile Wage
$37,990
25th Percentile Wage
$53,240
50th Percentile Wage
$64,170
75th Percentile Wage
$97,170
90th Percentile Wage
$123,250

Table 1 shows the average annual salary for insurance underwriters in Montana in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $123,250. The median (50th percentile) annual salary is $64,170. The average annual salary for the bottom 10 percent is $37,990.

Salary Trend (2012 to 2017)

The table and chart below show the trend of the median salary of insurance underwriters from 2012 to 2017.

YearMedian SalaryYearly Growth5-Year Growth
2017
$64,170
4.66% 41.87%
2016
$61,180
2.48% -
2015
$59,660
25.23% -
2014
$44,610
-2.17% -
2013
$45,580
18.17% -
2012
$37,300
- -

Table 3. Median Annual Salary of Insurance Underwriters in Montana Cities

Table 3 shows the median annual salary of insurance underwriters in some Montana cities and metropolitan areas. We note that the median annual salary of insurance underwriters in state of Montana ranges from $68,150 to $68,350. The highest paying area for insurance underwriters in Montana is Billings with a median annual salary of $68,350. The lowest paying area is Southwestern Montana nonmetropolitan area with a median annual salary of $68,150.

Cities/Areas Median Annual Salary
Billings
$68,350
Southwestern Montana nonmetropolitan area
$68,150




Related:

💰 Highest paying cities for insurance underwriters

💰 Highest paying industries for insurance underwriters.