FinanceUpdated Q1 2025

Insurance Underwriter Salary
in Salt Lake City, UT

Evaluate insurance applications and determine coverage terms and premiums. Median salary in Salt Lake City: $84K/year. Data from BLS, O*NET, and H-1B disclosures.

Median salary
$84K
per year
Take-home: $55K

Salary range in Salt Lake City

Entry level (25th)$63,000
Median (50th)$84,000
Senior (75th)$110,000
Top earner (90th)$143,000

Source: BLS OES 2026, H-1B DOL Disclosures Q1 2026. Figures represent annual base salary in Salt Lake City, Utah.

Key facts for Salt Lake City

Median salary
$84K
annual
Take-home pay
$55K
after fed/state tax
COL index
105
100 = US avg
State income tax
4.85%
annual
Avg 1BR rent
$1,600
per month
YoY growth
+2%
salary trend

Salary forecast: Salt Lake City Insurance Underwriter to 2030

Based on BLS 2022–2032 Employment Projections and WEF Future of Jobs Report 2025. At current growth rates, median salary reaches $84K by 2030.

Salary trend & forecast — Salt Lake City

Historical (2019–2025) + projected to 2030 based on BLS growth rates

HistoricalProjected
Insurance Underwriter salary trend 2019–2030PROJECTED →$70K$76K$83K$89K$95K201920212023202520272029
2026
$86K
projected
2027
$88K
projected
2028
$90K
projected
2029
$93K
projected
2030
$95K
projected

Projections based on BLS Employment Projections 2022–2032 CAGR and WEF Jobs Report 2025. Not financial advice.

YearProjected median salaryvs today
2027 projected$84,000+$0
2028 projected$84,000+$0
2029 projected$84,000+$0
2030 projected$84,000+$0

Projections use compound annual growth rate (CAGR) from BLS occupational outlook data. Actual salaries may vary.

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Insurance Underwriter Salary in Salt Lake City, Utah: Complete Guide (2026)

The median Insurance Underwriter salary in Salt Lake City, UT is $84,000 per year as of Q1 2025. This figure represents the midpoint of all reported compensation for this role in the Salt Lake City–UT metropolitan area, based on data from the Bureau of Labor Statistics Occupational Employment Statistics, H-1B visa disclosures from the Department of Labor, and O*NET occupational data.

Salary range for Insurance Underwriter in Salt Lake City

Entry-level Insurance Underwriters in Salt Lake City with 0–2 years of experience typically earn between $63,000 and $84,000 annually. Mid-career professionals with 3–7 years command $84,000 to $110,000, while senior-level practitioners with 8+ years of experience regularly earn $110,000 to $143,000 or more.

Cost of living in Salt Lake City for Insurance Underwriters

Salt Lake City has a cost of living index of 105 compared to the US national average of 100. Living costs in Salt Lake City are close to the national average. Utah has a 4.85% state income tax rate.

Education requirements for Insurance Underwriter

Bachelor's in Finance or Business; CPCU designation. 50% of these roles offer some remote flexibility.

Insurance Underwriter salary in nearby cities

CityMedian salaryCOL index
Salt Lake City (current)$84K105
West Valley City—98
Provo—100
West Jordan—100
Orem—98