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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 among Washington metropolitan 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 2017 and published in April 2018 [1].

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

Percentile BracketAverage Annual Salary
10th Percentile Wage
$47,220
25th Percentile Wage
$57,830
50th Percentile Wage
$72,720
75th Percentile Wage
$97,930
90th Percentile Wage
$123,070

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 $123,070. The median (50th percentile) annual salary is $72,720. The average annual salary for the bottom 10 percent is $47,220.

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
$72,720
-1.91% -5.17%
2016
$74,110
3.32% -
2015
$71,650
-2.00% -
2014
$73,080
-4.01% -
2013
$76,010
-0.62% -
2012
$76,480
- -

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 $74,700. The highest paying area for insurance underwriters in Washington is Seattle-Bellevue-Everett with a median annual salary of $74,700. The second highest paying city/area in Washington State is Seattle-Tacoma-Bellevue (mean annual salary $74,270). The lowest paying area is Olympia with a median annual salary of $47,620.

Cities/Areas Median Annual Salary
Seattle-Bellevue-Everett
$74,700
Seattle-Tacoma-Bellevue
$74,270
Portland-Vancouver-Hillsboro
$69,240
Spokane
$64,030
Olympia
$47,620




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