As of April 01, 2025, the average annual salary for a Insurance Underwriter II in Salem, OR is $71,800. Salary.com reports that pay typically ranges from $64,400 to $77,600, with most professionals earning between $57,663 and $82,881.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $77,600 | $6,467 | $1,492 | $37 |
| Average | $71,800 | $5,983 | $1,381 | $35 |
| 25th Percentile | $64,400 | $5,367 | $1,238 | $31 |
An entry-level Insurance Underwriter II with under 1 year experience makes about $69,370. With less than 2 years of experience, a mid-level Insurance Underwriter II makes around $69,592. After 2-4 years, the Insurance Underwriter II pay rises to about $71,814. Those senior Insurance Underwriter II with 5-8 years of experience earn roughly $73,991, and those Insurance Underwriter II having 8 years or more experience are expected to earn about $74,862 on average.
| Levels | Salary |
|---|---|
| Entry Level Insurance Underwriter II | $69,370 |
| Intermediate Level Insurance Underwriter II | $69,592 |
| Senior Level Insurance Underwriter II | $71,814 |
| Specialist Level Insurance Underwriter II | $73,991 |
| Expert Level Insurance Underwriter II | $74,862 |
| Entry Level | 3% |
| Mid Level | 3% |
| Senior Level | 0% |
| Top Level | 3% |
| Experienced | 4% |
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| Skill | Salary | Demand |
|---|---|---|
|
Credit Administration
|
$81,134 |
13%
|
|
Bank Secrecy Act
|
$78,980 |
10%
|
|
Collective Bargaining
|
$78,980 |
10%
|
|
Financial Accounting
|
$78,262 |
9%
|
|
Due Diligence
|
$76,108 |
6%
|
|
Credit Analysis
|
$75,390 |
5%
|
