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Insurance Underwriters Salary in Montana

How much does a Insurance Underwriters make in Montana?

Last updated: 2024 data from the Bureau of Labor Statistics

$60,350
Median Annual Salary
$69,830
Mean Salary
$60,350
Median Salary
$29.01
Hourly Rate
170 people work as Insurance Underwriters in Montana

About This Job: Insurance Underwriters

Review individual applications for insurance to evaluate degree of risk involved and determine acceptance of applications.

Top Skills

Reading Comprehension
3.75
Active Listening
3.75
Writing
3.75
Critical Thinking
3.75
Speaking
3.62

Key Knowledge Areas

English Language
4.0
Customer and Personal Service
3.9
Mathematics
3.27
Sales and Marketing
3.17
Administrative
2.93
Typical Education: Bachelor's Degree (70.0% of workers)

Source: O*NET OnLine, U.S. Department of Labor

Salary Range: Insurance Underwriters in Montana

Salaries for Insurance Underwriters in Montana range from $36,400 at the 10th percentile (entry level) to $122,500 at the 90th percentile (experienced). The middle 50% earn between $51,860 and $80,910.

Median $60,350
P10: $36,400 P25: $51,860 P75: $80,910 P90: $122,500
10th
$36,400
25th
$51,860
Median
$60,350
75th
$80,910
90th
$122,500
Percentile Annual Salary Hourly Rate Monthly
10th Percentile (Entry Level) $36,400 $17.50 $3,033
25th Percentile $51,860 $24.93 $4,321
Median (50th) $60,350 $29.01 $5,029
75th Percentile $80,910 $38.90 $6,742
90th Percentile (Experienced) $122,500 $58.89 $10,208

Note: The mean (average) salary of $69,830 differs from the median because salary distributions are typically skewed by high earners.

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What does this salary really buy? See Insurance Underwriters salary in Montana adjusted for cost of living →

Insurance Underwriters Salary by State

Compare Insurance Underwriters pay across states — sorted by highest median salary.

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Frequently Asked Questions

How much does a Insurance Underwriters make in Montana?
The median annual salary for a Insurance Underwriters in Montana is $60,350 as of 2024. The average (mean) salary is $69,830.
What is the salary range for a Insurance Underwriters in Montana?
Salaries for Insurance Underwriters in Montana range from $36,400 at the 10th percentile to $122,500 at the 90th percentile. The middle 50%% earn between $51,860 and $80,910.
What is the starting salary for a Insurance Underwriters in Montana?
Entry-level Insurance Underwriters positions in Montana typically start around $36,400 (10th percentile). With some experience, salaries rise to $51,860 (25th percentile).
How many people work as Insurance Underwriters in Montana?
According to 2024 BLS data, approximately 170 people are employed as Insurance Underwriters in Montana.
What is the hourly rate for a Insurance Underwriters in Montana?
Based on a standard 2,080-hour work year, the median hourly rate for a Insurance Underwriters in Montana is approximately $29.01 per hour.

Data Source & Methodology

Salary data is sourced from the U.S. Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) survey, 2024 estimates. The OEWS survey covers approximately 1.1 million establishments nationwide.

Annual salaries are calculated based on a standard 2,080-hour work year. Actual compensation may vary based on experience, education, employer, and local market conditions. Figures do not include benefits, bonuses, or overtime pay.

Our Methodology · Data Sources · Source: BLS OEWS