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Average Insurance Underwriter Salary in Los Angeles, California

$64,037
Avg. SalaryShow Hourly Rate
$3,000
Bonus
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The average salary for an Insurance Underwriter in Los Angeles, California is $64,037.
10%
$45k
MEDIAN
$64k
90%
$103k
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Salary
$45k - $103k
Bonus
$986 - $16k
Total Pay
$47k - $118k
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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.

Career Paths

Explore the most common career paths for Insurance Underwriter. Thickness and color of lines indicates popularity of movement from one job to the next. Visit our career path planner to research other job paths.
Insurance Underwriter
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)

Insurance Underwriter Job Listings

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What Are Popular Skills for Insurance Underwriters?

Skills in Insurance, Risk Management / Risk Control and Commercial are correlated to pay that is above average.

What is the Pay by Experience Level for Insurance Underwriters?

An early career Insurance Underwriter with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $55,622 based on 9 salaries. A mid-career Insurance Underwriter with 5-9 years of experience earns an average total compensation of $63,824 based on 8 salaries. An experienced Insurance Underwriter with 10-19 years of experience earns an average total compensation of $72,000 based on 7 salaries. In their late career (20 years and higher), employees earn an average total compensation of $87,000.
Employees with Insurance Underwriter in their job title in New York, New York earn an average of 13.2% more than the national average. These job titles also find higher than average salaries in Chicago, Illinois (2.6% more). The lowest salaries can be found in Detroit, Michigan (16.1% less), Dallas, Texas (9.2% less) and Milwaukee, Wisconsin (8.3% less).

Years of Experience

This data is based on 31 survey responses.
Early Career
29.0%
Mid Career
25.8%
Experienced
22.6%
Late Career
22.6%