As of May 01, 2026, the average salary for an Intermediate Underwriter (Life) in the United States is $71,400 per year, which breaks down to an hourly rate of $34.
However, an Intermediate Underwriter (Life)'s salary can vary significantly. Here’s a look at the typical salary range:
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An Intermediate Underwriter (Life)'s salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.
Experience is a primary driver of an Intermediate Underwriter (Life)'s salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Entry Underwriter (Life) | 0-2 years | $60,520 |
| Intermediate Underwriter (Life) | 2-4 years | $71,306 |
| Life Insurance Underwriter III | 4-7 years | $92,696 |
| Life Insurance Underwriting Supervisor | 7+ years | $117,204 |
| Life Insurance Underwriting Manager | 7+ years | $137,160 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Intermediate Underwriter (Life)s. For example, consider the average annual salaries in these key locations:
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Analysis | 6.74% |
| Knowledge of Underwriting | 1.41% |
| Financial Analysis | 1.1% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Economics
|
$96,390 |
35%
|
|
Analysis
|
$88,536 |
24%
|
|
Risk Management
|
$86,394 |
21%
|
|
Knowledge of Underwriting
|
$85,680 |
20%
|
|
Financial Statements
|
$84,252 |
18%
|
|
Tax Return
|
$81,396 |
14%
|
Your level of education can impact your salary potential. While many Intermediate Underwriter (Life)s enter the field with a Associate's Degree degree, higher education can lead to more specialized and higher-paying roles.
According to our 100% employer-reported salary data, the median salary for an Intermediate Underwriter (Life) with a Associate's Degree is between $68,407 and $72,924).
Intermediate Underwriter (Life) Salaries by Degree Level
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 4.5% |
| High School | 4.5% |
| Associates | 9.1% |
| Bachelors | 72.7% |
| Masters | 13.6% |
| Doctorate | 0.0% |
Understanding how an Intermediate Underwriter (Life)'s annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
Last Updated on May 01, 2026Promotions are the fastest way to increase your earnings. As an Intermediate Underwriter (Life), you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.
| Next Step Role | Estimate Salary | Projected Raise |
|---|---|---|
| Health Insurance Senior Underwriter | $92,700 | 30% |
| Life Insurance Underwriter III | $92,700 | 30% |
| Property Casualty Insurance Underwriter III | $92,700 | 30% |
| Insurance Underwriter III | $92,700 | 30% |
Salaries for an Intermediate Underwriter (Life) can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $78,379 in 2023 to around $74,033 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Intermediate Underwriter (Life) salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 |
View More
|
| 2023 | $78,379 |
| 2024 | $75,848 |
| 2025 | $74,033 |
| 2026 |
View More
|
| 2027 |
View More
|
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State Farm underwriters, specifically Intermediate Underwriters in the Life sector, typically earn between $64,800 and $82,600 annually, with a median salary of $72,700. This range reflects competitive compensation in the industry, ensuring a solid financial foundation for professionals in this role.
An Intermediate Underwriter (Life) in the USA earns an annual salary ranging from $64,800 to $82,600, with a median salary of $72,700. This translates to an hourly wage of approximately $31.13 to $39.69, and a monthly salary between $5,400 and $6,883.
The average salary for an Intermediate Underwriter (Life) ranges from $64,800 to $82,600, with a midpoint of $72,700. States like California and Pennsylvania typically offer competitive salaries, with California averaging around $34 per hour, which aligns with the higher end of the salary range for underwriters.
How much does a Mortgage Underwriter make in the USA? The salary for an Intermediate Underwriter (Life) ranges from $64,800 to $82,600 per year, with a mid-salary of $72,700. Entry-level positions typically start at $64,800, while experienced professionals can earn up to $82,600 annually.
As an Intermediate Underwriter in the Life insurance sector, you can expect to earn a salary ranging from $64,800 to $82,600, with a mid-level salary of approximately $72,700. While entry-level positions may start lower, experienced underwriters can achieve competitive earnings, especially in high-demand areas.
Being an insurance underwriter can be stressful due to tight deadlines and the need for meticulous attention to detail. However, the work hours are generally manageable. With a salary range for Intermediate Underwriters between $64,800 and $82,600, the compensation reflects the responsibilities involved in the role.
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
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