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How much does an Underwriter II - Life make in Oregon?

As of August 01, 2026, the average salary for an Underwriter II - Life in Oregon is $72,408 per year, which breaks down to an hourly rate of $35.

However, an Underwriter II - Life's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $80,987
  • Majority Range (25th-75th percentile): $66,228 to $76,899
  • Entry-Level (10th percentile): $60,601

Key Factors That Influence Underwriter II - Life Salaries

An Underwriter II - 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 and company size can directly affect your earning potential.

How Experience Level Affects Underwriter II - Life Salaries?

Experience is a primary driver of an Underwriter II - 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:

  • Underwriter (Life) I (0-2 years): $61,455
  • Underwriter II - Life (2-4 years): $72,408
  • Underwriter (Life) III (4-7 years): $94,134
  • Life Underwriting Supervisor (7+ years): $119,088
  • Life Underwriting Manager (7+ years): $139,341
Job Role Years of Experience Average Salary
Underwriter (Life) I0-2 years$61,455
Underwriter II - Life2-4 years$72,408
Underwriter (Life) III4-7 years$94,134
Life Underwriting Supervisor7+ years$119,088
Life Underwriting Manager7+ years$139,341

Top Paying Cities for Underwriter II - Life

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:

  • Antelope: $68,919
  • Aurora: $73,098
  • Beaverton: $74,570

Underwriter II - Life Salary by Company Size: Startups vs. Enterprise

Underwriter II - Life salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $78,144. While startup companies pay approximate $66,267.

Underwriter II - Life Salary by Company Size

Company Size Employees Average Salary
Startup 1~50 $66,267
Growth Stage 51~500 $70,050
Established 501~5000 $75,497
Enterprise 5000+ $78,144

Underwriter II - Life Salary by Industry: Top Paying Sectors

For Underwriter II - Life roles, the industry you choose can affect earning potential by as much as 75% (the gap between the highest and lowest paying industries). Data shows that the Financial Services and Healthcare sectors offer the strongest compensation, at 35% above the average. In contrast, Underwriter II - Life positions in Insurance or Business Services typically offer lower base pay, as these industries often view Underwriter II - Life as a support function rather than a direct revenue driver.

The top paying industries for an Underwriter II - Life

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Financial Services$96,259$46.035%
Healthcare$89,129$43.025%

Underwriter II - Life Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how an Underwriter II - 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 August 01, 2026
$66,228
Average $72,408/year
$76,899
$5,519
Average $6,034/month
$6,408
$1,274
Average $1,392/week
$1,479
$32
Average $35/hour
$37
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $76,899 $6,408 $1,479 $37
Average $72,408 $6,034 $1,392 $35
25th Percentile $66,228 $5,519 $1,274 $32

Underwriter II - Life Salary Growth & Career Path

Promotions are the fastest way to increase your earnings. As an Underwriter II - 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.

Underwriter II - Life Salary Growth and Career Path
Next Step Role Estimate Salary Projected Raise
Health Underwriting Senior Cost Analyst $103,163 42%
Underwriter III - Life $94,134 30%
Senior Underwriter - Complex Medical $94,134 30%
Underwriter III - P&C $94,131 30%

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Where Does Our Salary Data Come From?

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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