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Insurance Underwriter Salary Information in Washington

The average annual and hourly salaries for insurance underwriters in the state of Washington are shown in Table 1 and Table 2, respectively. The comparison of the salary statistics of insurance underwriters amongst Washington areas 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 2016 and published in April 2017 [1].

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

Percentile BracketAverage Annual Salary
10th Percentile Wage
$47,230
25th Percentile Wage
$57,580
50th Percentile Wage
$74,110
75th Percentile Wage
$97,170
90th Percentile Wage
$121,680

Table 1 shows the average annual salary for insurance underwriters in Washington in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $121,680. The median (50th percentile) annual salary is $74,110. The average annual salary for the bottom 10 percent is $47,230.

Percentile BracketAverage Hourly Salary
10th Percentile Wage
$22.71
25th Percentile Wage
$27.68
50th Percentile Wage
$35.63
75th Percentile Wage
$46.72
90th Percentile Wage
$58.50

Table 2 shows the average hourly salary for insurance underwriters in Washington in 5 percentile scales. The average hourly salary for the 90th percentile is $58.50. The median hourly salary is $35.63. The average hourly salary for the bottom 10 percent is $22.71.

Salary Trend (2012 to 2016)

The following table and chart show the trend of the median salary of insurance underwriters from 2012 to 2016.

YearMedian SalaryYearly Growth4-Year Growth
201674,1103.32%-3.20%
201571,650-2.00%-
201473,080-4.01%-
201376,010-0.62%-
201276,480--

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

Table 3 shows the median annual salary of insurance underwriters in some Washington cities and metropolitan areas. We note that the median annual salary of insurance underwriters in state of Washington ranges from $47,620 to $76,940. The highest paying area for insurance underwriters in Washington is Seattle-Bellevue-Everett with a median annual salary of $76,940. The second highest paying city/area in Washington State is Seattle-Tacoma-Bellevue (mean annual salary $76,140). The lowest paying area is Olympia with a median annual salary of $47,620.

Cities/Areas Median Annual Salary
Seattle-Bellevue-Everett
$76,940
Seattle-Tacoma-Bellevue
$76,140
Portland-Vancouver-Hillsboro
$65,800
Spokane
$62,320
Olympia
$47,620


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