Insurance Underwriters Salary in California
Official Bureau of Labor Statistics Data - May 2024 - CA
Median Annual Salary in California
$97,325
$46.79 / hour
▲ 25.0% above national avg
National Median
$77,860
$37.43 / hour nationally
COL-Adjusted Purchasing Power
$64,927
Missouri equivalent (COL: 149.9)
Insurance Underwriters Salary in California
| Percentile | Annual Salary |
|---|---|
| 10th (Entry Level) | $51,582 |
| 25th Percentile | $70,074 |
| 50th (Median) | $97,325 |
| 75th Percentile | $134,309 |
| 90th (Top Earners) | $167,399 |
| Source: U.S. Bureau of Labor Statistics OEWS, May 2024 | |
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Cost of Living Adjusted Salary
The California median salary of $97,325 for Insurance Underwriters has the purchasing power of approximately $64,927 in Missouri (the COL baseline state with index 100).
California's higher cost of living (COL index: 149.9) reduces the real purchasing power of wages compared to lower-cost states.
COL data: MERIC 2024 State Cost of Living Index. Missouri = 100 baseline.
Frequently Asked Questions
How much do Insurance Underwriters make in California?
Insurance Underwriters in California earn a median annual salary of $97,325 per year ($46.79/hr) according to BLS OEWS data (May 2024). This is above the national median of $77,860.
Is California a good state for Insurance Underwriters?
California pays above the national average for insurance underwriters, making it a competitive market for this occupation. Cost of living in California is higher average (COL index: 149.9).
What is the cost-of-living adjusted salary for Insurance Underwriters in California?
After adjusting for cost of living (COL index: 149.9 vs. Missouri baseline of 100), the $97,325 salary in California has the purchasing power of approximately $64,927 in Missouri. Higher living costs in California reduce real purchasing power.
How does California compare to neighboring states for Insurance Underwriters salaries?
For detailed comparison across all states, see the full Insurance Underwriters salary page at the national level, which includes a complete 50-state salary table.
Top Paying Jobs in California
| # | Job Title | Median Annual |
|---|---|---|
| 1 | Radiologists | $387,400 |
| 2 | Orthopedic Surgeons, Except Pediatric | $382,775 |
| 3 | Neurologists | $369,500 |
| 4 | Surgeons, All Other | $368,150 |
| 5 | Ophthalmologists, Except Pediatric | $339,850 |
| 6 | Psychiatrists | $312,248 |
| 7 | Physicians, Pathologists | $304,900 |
| 8 | General Internal Medicine Physicians | $304,175 |
| Source: BLS OEWS May 2024 | ||
About Insurance Underwriters in California
Insurance Underwriters work in their specialized field applying expertise and skills to deliver value in their organization. This occupation is part of the business finance sector of the U.S. economy.
Education Required: Bachelor's degree