Average Insurance Underwriter Salary in Salt Lake City, Utah

$61,029
Avg. Base Salary (USD)
10%
$39k
MEDIAN
$61k
90%
$106k

The average salary for an Insurance Underwriter is $61,029 in 2025

Base Salary
$39k - $106k
Bonus
$2k - $12k
Total Pay
$40k - $101k
Is Average Insurance Underwriter Salary in Salt Lake City, Utah your job title? Find out what you should be paid
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What Do Insurance Underwriters Do?

Insurance Underwriter Tasks
  • Analyze new and renewal business, data, claim history, loss experience, and outcome of liability decisions.
  • Underwrite, submit, approve or pend coverage amounts and premiums, and present decisions to management.
  • Monitor existing policies for compliance with company guidelines.
  • Manage underwriting territory and select new business based on analysis of their profitability.
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FAQs About Insurance Underwriters

What is the highest pay for Insurance Underwriters in Salt Lake City?

Our data indicates that the highest pay for an Insurance Underwriter in Salt Lake City is $106k / year

What is the lowest pay for Insurance Underwriters in Salt Lake City?

Our data indicates that the lowest pay for an Insurance Underwriter in Salt Lake City is $39k / year

How can Insurance Underwriters increase their salary?

Increasing your pay as an Insurance Underwriter is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are an Insurance Underwriter that oversees more junior Insurance Underwriters, this experience can increase the likelihood to earn more.