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Insurance Underwriter II Salary in Seattle, Washington

Insurance Underwriter II Salary in Seattle, WA

How much does an Insurance Underwriter II make in Seattle, WA? The average Insurance Underwriter II salary in Seattle, WA is $80,600 as of April 24, 2024, but the range typically falls between $72,200 and $93,000. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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Insurance Underwriter II Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Insurance Underwriter II Salary $64,552 Seattle,WA April 24, 2024
25th Percentile Insurance Underwriter II Salary $72,200 Seattle,WA April 24, 2024
50th Percentile Insurance Underwriter II Salary $80,600 Seattle,WA April 24, 2024
75th Percentile Insurance Underwriter II Salary $93,000 Seattle,WA April 24, 2024
90th Percentile Insurance Underwriter II Salary $104,290 Seattle,WA April 24, 2024
25% $72,200 10% $64,552 90% $104,290 75% $93,000 $80,600 50%(Median) Didn’t find job title? Click
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Check out Insurance Underwriter II Job Openings in Seattle, Washington

PRODUCTION UNDERWRITER (I,II,III)

FM Global - Bellevue, WA

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Associate Underwriter II (Hybrid or Remote)

Mid-Continent Group - Seattle, WA

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Production Underwriter (I,II,III)

Factory Mutual Insurance Company - Bellevue, WA

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Commercial Credit Underwriter II

First Fed - Bellingham, WA

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Job Description

The Insurance Underwriter II utilizes underwriting guidelines, rules, standards, and levels of authority to accept, reject, or mitigate risk for applications and determine appropriate premiums, limits, and coverages. Reviews and analyzes risk characteristics on insurance applications, renewals, and change requests. Being a Insurance Underwriter II ensures that underwriting activities comply with all industry and governmental regulations. Calculates renewal rates. In addition, Insurance Underwriter II may coordinate with field agents to collect or clarify information or decisions. Typically requires a bachelor's degree or equivalent. Typically reports to a supervisor or manager. Being a Insurance Underwriter II occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. Working as a Insurance Underwriter II typically requires 2-4 years of related experience. (Copyright 2024 Salary.com)

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Job Openings for Insurance Underwriter II in Seattle, WA
  • FM Global - Bellevue, WA
    FM Global is a leading property insurer of the world's largest businesses, providing more than one-third of FORTUNE 1000-size companies with engineering-ba...
    - 1 Day Ago
  • Mid-Continent Group - Seattle, WA
    Essential Job Functions and Responsibilities. Underwrite, price, and negotiate accounts consistent with the quality of the risk and according to the compan...
    - 3 Days Ago
  • Factory Mutual Insurance Company - Bellevue, WA
    Overview. FM Global is a leading property insurer of the world's largest businesses, providing more than one-third of FORTUNE 1000-size companies with engi...
    - 3 Days Ago
  • First Fed - Bellingham, WA
    Position Purpose. The Commercial Underwriter underwrites commercial business and real estate loan requests. The underwriter analyzes financial information,...
    - 3 Days Ago
  • FM Global - Vashon, WA
    FM Global is a leading property insurer of the world's largest businesses, providing more than one-third of FORTUNE 1000-size companies with engineering-ba...
    - 1 Day Ago

Career Path for this job

  1. Down a level:

    Insurance Underwriter I

    0 - 2 years experience
    Bachelor's Degree

  2. This Job:

    Insurance Underwriter II

    2 - 4 years experience
    Bachelor's Degree

  3. Up a level:

    Insurance Underwriter III

    4 - 7 years experience
    Bachelor's Degree

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Understand the total compensation opportunity for an Insurance Underwriter II, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
72200
93000
80600

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
75000
98900
84500
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Insurance Underwriter II in Seattle, WA. The base salary for Insurance Underwriter II ranges from $72,200 to $93,000 with the average base salary of $80,600. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $75,000 to $98,900 with the average total cash compensation of $84,500.
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72200
93000

 

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About Seattle, Washington    Seattle (/siˈætəl/ (listen) see-AT-əl) is a seaport city on the West Coast of the United States. It is the seat of King County, Washington. With an e....More

Seattle, Washington  area prices were up 2.8% from a year ago    View the Cost of Living in Seattle, Washington

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