As of January 01, 2025, the average annual salary for an Insurance Underwriter V in Salem, OR is $149,900. Salary.com reports that pay typically ranges from $126,900 to $176,600, with most professionals earning between $105,960 and $200,909.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $176,600 | $14,717 | $3,396 | $85 |
| Average | $149,900 | $12,492 | $2,883 | $72 |
| 25th Percentile | $126,900 | $10,575 | $2,440 | $61 |
An entry-level Insurance Underwriter V with under 1 year experience makes about $139,608. With less than 2 years of experience, a mid-level Insurance Underwriter V makes around $141,309. After 2-4 years, the Insurance Underwriter V pay rises to about $141,990. Those senior Insurance Underwriter V with 5-8 years of experience earn roughly $145,391, and those Insurance Underwriter V having 8 years or more experience are expected to earn about $148,112 on average.
| Levels | Salary |
|---|---|
| Entry Level Insurance Underwriter V | $139,608 |
| Intermediate Level Insurance Underwriter V | $141,309 |
| Senior Level Insurance Underwriter V | $141,990 |
| Specialist Level Insurance Underwriter V | $145,391 |
| Expert Level Insurance Underwriter V | $148,112 |
| Entry Level | 7% |
| Mid Level | 6% |
| Senior Level | 5% |
| Top Level | 3% |
| Experienced | 1% |
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