As of March 01, 2025, the average annual salary for a Insurance Underwriter I in Montana is $58,560. Salary.com reports that pay typically ranges from $52,300 to $66,460, with most professionals earning between $46,601 and $73,653.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $71,147 | $5,929 | $1,368 | $34 |
| Average | $62,694 | $5,224 | $1,206 | $30 |
| 25th Percentile | $55,991 | $4,666 | $1,077 | $27 |
An entry-level Insurance Underwriter I with under 1 year experience makes about $57,391. With less than 2 years of experience, a mid-level Insurance Underwriter I makes around $57,852. After 2-4 years, the Insurance Underwriter I pay rises to about $59,249. Those senior Insurance Underwriter I with 5-8 years of experience earn roughly $60,180, and those Insurance Underwriter I having 8 years or more experience are expected to earn about $60,413 on average.
| Levels | Salary |
|---|---|
| Entry Level Insurance Underwriter I | $57,391 |
| Intermediate Level Insurance Underwriter I | $57,852 |
| Senior Level Insurance Underwriter I | $59,249 |
| Specialist Level Insurance Underwriter I | $60,180 |
| Expert Level Insurance Underwriter I | $60,413 |
| Entry Level | 8% |
| Mid Level | 8% |
| Senior Level | 5% |
| Top Level | 4% |
| Experienced | 4% |
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Insurance Underwriter I salary varies from city to city. Compared with national average salary of Insurance Underwriter I, the highest Insurance Underwriter I salary is in San Francisco, CA, where the Insurance Underwriter I salary is 25.0% above. The lowest Insurance Underwriter I salary is in Miami, FL, where the Insurance Underwriter I salary is 3.5% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $78,370 |
25.0%
|
| Washington, DC | $69,780 |
11.3%
|
| Miami, FL | $60,500 |
|
| Chicago, IL | $65,770 |
4.9%
|
| Boston, MA | $70,280 |
12.1%
|
| New York, NY | $73,230 |
16.8%
|
