As of March 01, 2026, the average salary for a Life Insurance Underwriter II in Montana is $67,330 per year, which breaks down to an hourly rate of $32.
However, a Life Insurance Underwriter II's salary can vary significantly. Here’s a look at the typical salary range:
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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 | $57,139 |
| Life Insurance Underwriter II | 2-4 years | $67,322 |
| Life Insurance Underwriter III | 4-7 years | $87,513 |
| Life Insurance Underwriting Supervisor | 7+ years | $110,615 |
| Life Insurance Underwriting Manager | 7+ years | $129,462 |
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:
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.
Last Updated on March 01, 2026Promotions 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 | $87,600 | 30% |
| Life Insurance Underwriter III | $87,600 | 30% |
| Property Casualty Insurance Underwriter III | $87,600 | 30% |
| Insurance Underwriter III | $87,600 | 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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