Insurance Underwriter Jobs in Phoenix, AZ

Phoenix, Arizona$77,250 USD/yearFull-timeTech Hub
Updated: April 2026Expert reviewed|Data sourced from BLS, Glassdoor, and industry reports

About Insurance Underwriter Jobs in Phoenix

Looking for a Insurance Underwriter job in Phoenix? You're in the right place. This guide covers everything you need to know about working as a Insurance Underwriter in Phoenix, AZ.

We'll show you what you can expect to earn. We'll also share which companies are hiring. Plus, you'll learn about the cost of living and how to get started in your job search.

Phoenix has a strong job market for Insurance Underwriters. Many employers are actively looking for talent. Read on to learn how to land your next role.

Insurance Underwriter Salary in Phoenix

Entry Level
$48,153
Median
$77,250
Senior Level
$112,527

Insurance Underwriter salaries in Phoenix are in line with national averages, offering competitive compensation for the region.

Purchasing power in Phoenix is comparable to the national average, with salaries appropriately scaled to local costs.

Required Skills

Risk AssessmentPolicy AnalysisUnderwriting GuidelinesData AnalysisCommunication

Insurance Underwriter Job Market in Phoenix

Phoenix, AZ is a major regional employment hub for Insurance Underwriter professionals. With a population of 1.7 million, the Phoenix-Mesa-Chandler metro area offers diverse opportunities across multiple industries. The city's strong Technology and Healthcare sectors create robust demand for Insurance Underwriter talent. The market for Insurance Underwriter positions remains stable, with opportunities in both established companies and growing organizations.

Top Companies Hiring Insurance Underwriters in Phoenix

American ExpressDiscoverUSAACharles SchwabFreeport-McMoRan

Major employers hiring Insurance Underwriters in Phoenix include American Express, Discover, USAA, Charles Schwab, and Freeport-McMoRan. The strong financial services presence creates consistent demand for experienced Insurance Underwriter professionals, with competitive compensation packages. Many companies offer competitive benefits including comprehensive healthcare, and professional development opportunities.

Cost of Living for Insurance Underwriters in Phoenix

Living in Phoenix as a Insurance Underwriter means navigating a cost of living that's slightly above the national average. Average rent for a 1-bedroom apartment is approximately $1,600/month. Housing costs are manageable for Insurance Underwriter salaries in the area.

103
Cost Index (100=avg)
$1.6K
Avg Rent/Month
Yes
Tech Hub
Tier 2
Market Size

Commuting as a Insurance Underwriter in Phoenix

Phoenix Limited public transit options; car recommended for most commutes. The average commute time is 25 minutes. Research employer-specific shuttle services. Consider living close to your workplace. Since transit options are limited, consider living close to your workplace or negotiating flexible hours to avoid peak traffic.

Best neighborhoods for Insurance Underwriters in Phoenix: Downtown (Central business district with tech companies); Tech Park/Campus (Suburban office park developments). Downtown is particularly popular among Insurance Underwriter professionals due to proximity to major employers and urban amenities.

Tax Considerations in Arizona

Arizona has moderate state income taxes. When evaluating offers, consider total compensation including benefits, not just base salary. Local cost of living typically has more impact on your finances than state tax differences.

Career Outlook for Insurance Underwriters

The job outlook for Insurance Underwriters in Phoenix is stable. While not experiencing rapid growth, the field maintains steady demand with consistent opportunities for qualified professionals. Phoenix's growing economy creates new positions regularly, often with less competition than coastal tech hubs. In-demand skills include Risk Assessment, Policy Analysis, Underwriting Guidelines, Data Analysis.

Relocating to Phoenix

Be prepared for hot summers. Air conditioning is essential, and outdoor activities shift to mornings and evenings during summer months.

Frequently Asked Questions

What is the average Insurance Underwriter salary in Phoenix, AZ?

The average Insurance Underwriter salary in Phoenix, AZ is $77,250 per year. Entry-level Insurance Underwriters typically start around $48,153, while experienced professionals can earn $112,527 or more. The national average for Insurance Underwriter roles is $75,000.

How many Insurance Underwriter jobs are available in Phoenix?

Phoenix has a strong job market with regular openings for Insurance Underwriter professionals. Major employers hiring Insurance Underwriters include American Express, Discover, USAA, Charles Schwab. The Technology and Healthcare sectors drive much of the demand in this market.

Is Phoenix a good city for Insurance Underwriters?

Phoenix is an excellent choice for Insurance Underwriters. As a major metro area, it offers abundant opportunities and competitive salaries. The cost of living is reasonable compared to major coastal cities. The city's technology industry creates strong demand for finance & accounting professionals.

What skills are most in-demand for Insurance Underwriters in Phoenix?

Top skills for Insurance Underwriters in Phoenix include Risk Assessment, Policy Analysis, Underwriting Guidelines, Data Analysis, Communication. Employers value both technical expertise and soft skills like communication and teamwork.

What is the cost of living for Insurance Underwriters in Phoenix?

Phoenix's cost of living is near the national average (103% of baseline). Average rent for a 1-bedroom apartment is approximately $1,600/month. Purchasing power in Phoenix is comparable to the national average, with salaries appropriately scaled to local costs.

How is the commute for Insurance Underwriters in Phoenix?

Phoenix Limited public transit options; car recommended for most commutes. The average commute is 25 minutes. Research employer-specific shuttle services.

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