Insurance Underwriter salary in Salt Lake City-Murray, UT
Insurance Underwriters in the Salt Lake City-Murray, UT metro area earn a median of $72,730 a year ($34.97 an hour), based on BLS data for 390 workers.
Pay ranges from $39,080 for the lowest-paid 10% to $119,990 for the top 10%. That is 11% lower than the national median of $81,370. Pay here is about the same as the Utah statewide median of $72,730. There are 0.47 insurance underwriters per 1,000 jobs here — the job is less common than nationally (location quotient 0.70). The average (mean) salary is $76,420, above the median because a few high earners pull it up.
Pay range for insurance underwriters in Salt Lake City-Murray, UT
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $39,080 | $18.79 |
| 25th percentile | $53,530 | $25.73 |
| Median | $72,730 | $34.97 |
| 75th percentile | $87,570 | $42.10 |
| 90th percentile (top earners) | $119,990 | $57.69 |
| Average (mean) | $76,420 | $36.74 |
Half of insurance underwriters earn more than the median and half earn less. Percentiles show the spread: 10% earn less than the 10th percentile, and 10% earn more than the 90th.
Median paycheck, before taxes
| Pay period | Amount |
|---|---|
| Monthly | $6,060.83 |
| Semi-monthly (24 a year) | $3,030.42 |
| Biweekly (26 a year) | $2,797.31 |
| Weekly | $1,398.65 |
| Hourly | $34.97 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Buying a home? On a $72,730 salary, see how much house you can afford in Utah at today's mortgage rates, or work out a payment with the mortgage calculator.
Insurance Underwriter salary in other metro areas nearby
| Metro area | Median salary | Workers |
|---|---|---|
| Provo-Orem-Lehi, UT | $74,340 | 40 |
Highest-paying states for insurance underwriters
| State | Median salary |
|---|---|
| Massachusetts | $106,640 |
| New Hampshire | $103,940 |
| Nevada | $101,440 |
| Connecticut | $100,690 |
| Colorado | $100,640 |
| Washington | $99,400 |
| New York | $97,450 |
| Wisconsin | $97,370 |
| New Jersey | $96,220 |
| Maine | $95,510 |
See Insurance Underwriter pay in every state or the Utah statewide figures.
Related jobs in Salt Lake City-Murray, UT
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $82,100 | $39.47 |
| Financial and Investment Analysts | $91,100 | $43.80 |
| Personal Financial Advisor | $77,990 | $37.50 |
| Financial Specialists, All Other | $75,130 | $36.12 |
| Financial Examiner | $95,640 | $45.98 |
| Tax Preparer | $66,920 | $32.17 |
| Credit Analyst | $76,420 | $36.74 |
| Financial Risk Specialist | $81,240 | $39.06 |
| Property Appraisers and Assessors | $58,070 | $27.92 |
| Tax Examiners and Collectors, and Revenue Agents | $77,500 | $37.26 |
| Budget Analyst | $88,880 | $42.73 |
| Credit Counselor | $62,080 | $29.85 |
| Loan Officer | $61,150 | $29.40 |
| Project Management Specialist | $98,000 | $47.12 |
More: Business and Financial Operations Occupations · all salaries in Salt Lake City-Murray, UT
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 13-2053. Wages include base pay, tips, commissions and shift pay, but not overtime, bonuses or benefits, and exclude the self-employed.
Frequently asked questions
How much does a insurance underwriter make in Salt Lake City-Murray, UT?
The median salary for insurance underwriters in the Salt Lake City-Murray, UT metro area is $72,730 a year, or $34.97 an hour. Pay ranges from $39,080 for the lowest-paid 10% to $119,990 for the top 10%.
How much do the highest-paid insurance underwriters make in Salt Lake City-Murray, UT?
The top 10% of insurance underwriters in the Salt Lake City-Murray, UT metro area earn at least $119,990 a year. The top 25% earn $87,570 or more.
What is the starting pay for insurance underwriters in Salt Lake City-Murray, UT?
Entry-level pay (the 10th percentile) is about $39,080 a year, and a quarter of insurance underwriters earn $53,530 or less.
How many insurance underwriters work in Salt Lake City-Murray, UT?
About 390 insurance underwriters are employed in the Salt Lake City-Murray, UT metro area, not counting the self-employed.