How much does a Underwriter make in Seattle, WA?
Underwriters in Seattle, WA, enjoy competitive salaries that reflect their important role in the industry. The average yearly salary for an underwriter in the area is around $106,230. This salary can vary based on several factors such as experience, education, and the specific company.
Seattle offers a robust job market with opportunities for underwriters across various sectors, including insurance, finance, and real estate. With a strong economy and a high cost of living, many companies are willing to offer attractive compensation packages. Entry-level underwriters may start around $52,740, while those with several years of experience can earn upwards of $133,087 per year. Senior underwriters and those in specialized fields can often exceed $156,044 annually.
What are the highest paying cities for a Underwriter near Seattle, WA?

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Bellevue, WA
Average Salary: $91,467
In Bellevue, professionals assess risk for insurance companies and work with top firms like Microsoft and T-Mobile US. The tech-driven environment offers diverse opportunities for those with keen analytical skills. Bellevue’s vibrant community and excellent public transportation make it a desirable place to live and work.
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Federal Way, WA
Average Salary: $90,000
Federal Way is home to many insurance companies where specialists evaluate potential risks. Working here offers stability and the chance to collaborate with notable employers such as Tacoma Public Schools and Global Logistics. The area’s growing business landscape and affordable living attract many professionals.
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Mountlake Terrace, WA
Average Salary: $87,444
Mountlake Terrace provides a dynamic environment for risk assessment professionals, with companies like Boeing and Swedish Medical Center. This area is known for its robust aerospace sector, offering a variety of opportunities for growth. The commute is convenient, with plenty of parks and recreational activities to enjoy outside of work.
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What are the best paying companies for a Underwriter in Seattle, WA?

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Liberty Mutual Insurance
Average Salary: $137,152
Liberty Mutual Insurance offers competitive salaries for Underwriters in Seattle. They provide underwriting services across multiple states. This company focuses on delivering quality insurance products and services.
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The Hartford
Average Salary: $129,307
The Hartford is known for offering a good salary for Underwriter roles in Seattle. This company operates in many states, providing a wide range of insurance products. They emphasize customer service and innovative insurance solutions.
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Columbia Bank
Average Salary: $128,797
Columbia Bank provides attractive salaries for Underwriters in Seattle. They focus on delivering banking and insurance products to their customers. The bank operates across several locations, ensuring they meet diverse customer needs.
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The Cincinnati Insurance Companies
Average Salary: $118,000
The Cincinnati Insurance Companies offer a solid salary for Underwriters in Seattle. They provide various insurance products and operate in multiple states. Their focus is on customer satisfaction and risk management.
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Umpqua Bank Home Lending
Average Salary: $113,943
Umpqua Bank Home Lending offers a competitive salary for Underwriter positions in Seattle. This company offers mortgage and insurance products, operating in several states. They prioritize customer service and innovation in their services.
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Berkley
Average Salary: $102,813
Berkley provides a good salary for Underwriters in Seattle. This company specializes in insurance services and operates in many states. They focus on delivering tailored insurance solutions to their clients.
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Great American Insurance Group
Average Salary: $95,333
Great American Insurance Group offers a decent salary for Underwriter roles in Seattle. They provide a variety of insurance products and operate in multiple states. Their goal is to offer comprehensive insurance solutions to their clients.
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AmTrust Financial Services, Inc.
Average Salary: $94,167
AmTrust Financial Services, Inc. provides a good salary for Underwriters in Seattle. This company offers insurance and financial services in multiple states. They aim to deliver innovative and reliable insurance solutions.
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Western National Insurance
Average Salary: $84,071
Western National Insurance offers a competitive salary for Underwriter positions in Seattle. They focus on insurance services and operate in several states. Their mission is to provide quality insurance products to their customers.
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Berkshire Hathaway Specialty Insurance
Average Salary: $75,625
Berkshire Hathaway Specialty Insurance offers a lower but still competitive salary for Underwriters in Seattle. This company specializes in specialty insurance and operates in many states. They focus on delivering specialized insurance solutions.
What are the best paying Underwriter related jobs in Seattle, WA?

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Risk Management Director
Average Salary: $213,667
Work closely with different departments to identify and manage potential risks. Aim to protect the company’s assets and ensure financial stability. Companies like Microsoft and Amazon often hire for this role.
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Investment Banker
Average Salary: $183,996
Help companies raise capital and make smart investment decisions. Focus on analyzing financial data to guide clients. Firms like JPMorgan Chase and Goldman Sachs offer this career.
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Actuary
Average Salary: $170,892
Use statistical skills to predict future events. Make important decisions about risk and financial planning. Work for companies like Amazon and Aon.
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Underwriting Manager
Average Salary: $163,238
Oversee the underwriting process to ensure accurate risk assessment. Make key decisions on which risks to take on. Employers include State Farm and Nationwide.
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Quantitative Analyst
Average Salary: $161,322
Work with complex data to make smart decisions. Use mathematical skills to improve company strategies. Companies like Goldman Sachs and BlackRock look for this expertise.
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Acquisitions Specialist
Average Salary: $159,350
Identify and pursue opportunities for mergers and acquisitions. Work to expand the company’s market presence. Firms like Microsoft and Amazon often hire for this role.
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Risk Management Manager
Average Salary: $144,221
Develop and implement strategies to mitigate risk. Ensure company policies align with industry standards. Employers include JPMorgan Chase and Amazon.
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Certified Financial Planner
Average Salary: $127,579
Help clients achieve their financial goals. Provide advice on investments, retirement, and taxes. Companies like Edward Jones and Fidelity Investments offer this role.
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Portfolio Manager
Average Salary: $127,535
Manage investment portfolios for clients. Focus on maximizing returns while managing risk. Work for firms like BlackRock and Vanguard.
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Bank Consultant
Average Salary: $126,160
Offer expert advice to improve banking operations. Work to enhance efficiency and customer satisfaction. Companies like Accenture and Deloitte often seek consultants.
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