As of March 01, 2026, the average salary for a Life Insurance Underwriter II in California is $78,660 per year, which breaks down to an hourly rate of $38.
However, a Life Insurance Underwriter II's salary can vary significantly. Here’s a look at the typical salary range:
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Life Insurance Underwriter II Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $83,530 | $6,961 | $1,606 | $40 |
| Average | $78,660 | $6,555 | $1,513 | $38 |
| 25th Percentile | $71,930 | $5,994 | $1,383 | $35 |
Pacific Life Insurance - Newport Beach, CA
Pacific Life - Newport Beach, CA
Lake Superior Life Care & Hospice - MARQUETTE, MI
Center for Applied Behavioral Instruction - AUBURN, MA
A Life Insurance Underwriter II'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 and company size can directly affect your earning potential.
Experience is a primary driver of a Life Insurance Underwriter II'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 | $66,756 |
| Life Insurance Underwriter II | 2-4 years | $78,653 |
| Life Insurance Underwriter III | 4-7 years | $102,243 |
| Life Insurance Underwriting Supervisor | 7+ years | $129,232 |
| Life Insurance Underwriting Manager | 7+ years | $151,251 |
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 Life Insurance Underwriter IIs. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:
Understanding how a Life Insurance Underwriter II'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.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $83,530 | $6,961 | $1,606 | $40 |
| Average | $78,660 | $6,555 | $1,513 | $38 |
| 25th Percentile | $71,930 | $5,994 | $1,383 | $35 |
Promotions are the fastest way to increase your earnings. As a Life Insurance Underwriter II, 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 | $102,300 | 30% |
| Life Insurance Underwriter III | $102,300 | 30% |
| Property Casualty Insurance Underwriter III | $102,300 | 30% |
| Insurance Underwriter III | $102,300 | 30% |
Ready to take the next step in your career? Browse thousands of current Life Insurance Underwriter II job openings on our job board. Use the search bar below to find your perfect match.
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