Insurance Underwriter salary in Oregon
Insurance Underwriters in Oregon earn a median of $79,200 a year ($38.08 an hour), based on BLS data for 570 workers.
Pay ranges from $61,620 for the lowest-paid 10% to $124,760 for the top 10%. That is 3% lower than the national median of $81,370. Oregon ranks 26th of 49 states for insurance underwriters pay. There are 0.29 insurance underwriters per 1,000 jobs here — the job is less common than nationally (location quotient 0.43). The average (mean) salary is $87,660, above the median because a few high earners pull it up.
Pay range for insurance underwriters in Oregon
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $61,620 | $29.63 |
| 25th percentile | $65,570 | $31.53 |
| Median | $79,200 | $38.08 |
| 75th percentile | $102,000 | $49.04 |
| 90th percentile (top earners) | $124,760 | $59.98 |
| Average (mean) | $87,660 | $42.14 |
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 | $6,600 |
| Semi-monthly (24 a year) | $3,300 |
| Biweekly (26 a year) | $3,046.15 |
| Weekly | $1,523.08 |
| Hourly | $38.08 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Insurance Underwriter salary in cities in Oregon
| Metro area | Median salary | Workers |
|---|---|---|
| Portland-Vancouver-Hillsboro, OR-WA | $79,080 | 340 |
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 |
Related jobs in Oregon
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $85,800 | $41.25 |
| Loan Officer | $94,440 | $45.40 |
| Personal Financial Advisor | $122,830 | $59.05 |
| Financial and Investment Analysts | $120,590 | $57.97 |
| Tax Preparer | $61,370 | $29.51 |
| Budget Analyst | $95,250 | $45.79 |
| Financial Specialists, All Other | $83,080 | $39.94 |
| Financial Examiner | $94,630 | $45.50 |
| Property Appraisers and Assessors | $54,460 | $26.18 |
| Credit Analyst | $80,380 | $38.65 |
| Financial Risk Specialist | $109,580 | $52.69 |
| Tax Examiners and Collectors, and Revenue Agents | $65,830 | $31.65 |
| Credit Counselor | $59,150 | $28.44 |
| Project Management Specialist | $105,480 | $50.71 |
More: Business and Financial Operations Occupations · all salaries in Oregon
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 Oregon?
The median salary for insurance underwriters in Oregon is $79,200 a year, or $38.08 an hour. Pay ranges from $61,620 for the lowest-paid 10% to $124,760 for the top 10%.
How much do the highest-paid insurance underwriters make in Oregon?
The top 10% of insurance underwriters in Oregon earn at least $124,760 a year. The top 25% earn $102,000 or more.
What is the starting pay for insurance underwriters in Oregon?
Entry-level pay (the 10th percentile) is about $61,620 a year, and a quarter of insurance underwriters earn $65,570 or less.
How many insurance underwriters work in Oregon?
About 570 insurance underwriters are employed in Oregon, not counting the self-employed.