How to Become a Insurance Underwriters in Montana
Insurance Underwriters in Montana earn a median salary of $60,350/year, which is 24% below the national average. Montana has a state income tax of ~4.1%. After taxes and rent, a insurance underwriters takes home approximately $2,594/month. Most positions require Bachelor's degree.
What a insurance underwriters can afford in Montana
Becoming a insurance underwriters in Montana
Meet education requirements
Insurance Underwriters positions in Montana typically require Bachelor's degree. Programs are available at colleges and training institutions across Montana. Research accredited programs in your area.
Gain required experience
Many insurance underwriters positions in Montana require hands-on experience through internships, apprenticeships, or entry-level roles. Look for training programs and mentorship opportunities in your metro area.
Obtain Montana licensure or certification
Montana may require specific licensing or professional certification for insurance underwriterss. Requirements vary by state — contact the Montana Department of Labor or relevant licensing board for current requirements, exam schedules, and application procedures.
Find positions in Montana
Montana employs 170 insurance underwriters. The highest concentrations are in Missoula.
Insurance Underwriters salary by metro area in Montana
| Metro area | Median | Hourly | Employment |
|---|---|---|---|
| Missoula | $60K | $29.01/hr | 40 |
Insurance Underwriters salary range in Montana
Insurance Underwriters careers in other states
Frequently asked questions
How much does a insurance underwriters make in Montana?▼
The median insurance underwriters salary in Montana is $60,350 per year ($29.01/hr). This is 24% below the national median of $79,880. Salaries range from $36,400 to $122,500.
What are the requirements to become a insurance underwriters in Montana?▼
Insurance Underwriters positions in Montana typically require Bachelor's degree. Montana may have specific licensing or certification requirements. Check with the Montana licensing board or department of labor for current requirements.
Can a insurance underwriters afford to live in Montana?▼
At the median salary of $60,350, a insurance underwriters in Montana would take home approximately $4,006/month after taxes. With median 2-bedroom rent at $1,412/month, that's 35.2% of take-home pay going to housing. This exceeds the recommended 30% guideline.
What are the best cities for insurance underwriters in Montana?▼
The highest paying metro areas for insurance underwriters in Montana are Missoula ($60,350). However, cost of living varies significantly between metros — a higher salary may not mean more purchasing power.
Does Montana have state income tax for insurance underwriters?▼
Yes, Montana has a state income tax rate of approximately 4.1%. On a $60,350 salary, this means roughly $2,453/year in state income tax. Use our take-home pay calculator for a detailed breakdown.