13 Series · SOC 13-2053

Insurance Underwriters Salary

National pay, percentile range, growth outlook, and state-by-state detail from the U.S. Bureau of Labor Statistics OEWS survey (May 2025).

$81,370
Median / year
+1.9%
2024→2025
$145,160
Top 10% earn
-2.6%
Growth '24–'34
105,420
Estimated US jobs

Insurance Underwriters earn a median of $81,370 per year.

According to the U.S. Bureau of Labor Statistics OEWS survey, the median annual wage is $81,370, based on the most recent survey of employers. Reported pay ranges from $55,530 (10th percentile) to $145,160 (90th percentile) nationally, across roughly 105,420 estimated jobs in covered establishments. The highest published state median in this ranking is Massachusetts ($106,640).

13 Series · Source: BLS OEWS Compare with another job →
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The pay verdict

Insurance Underwriters earn a median of $81,370, putting them among the better-paid US occupations and higher than 75% of the 825 occupations with a published BLS median. Within Business and Financial Operations, it ranks #14 of 32 by median pay. Employment is projected to fall 2.6% by 2034.

$81,370
Median annual wage
Top 25%
of 825 US occupations with published wages
#14 of 32
in Business and Financial Operations
2.6×
90th-to-10th pay spread

Highest-paying state: Massachusetts at $106,640. Typical entry-level education: Bachelor's degree.

Observed pay change

What changed, BLS OEWS 2019–2025

May 2019 → May 2025
  • The published national median for Insurance Underwriters moved from $70,020 in May 2019 to $81,370 in May 2025 (+16.2%).
  • Across the 749 occupations priced in both releases under SOC-2018, the median occupation changed +24.5%.
  • Insurance Underwriters sits -8.2 pp behind that median, nominal dollars, no price deflator applied.

Insurance Underwriters (SOC 13-2053) has a national median of $81,370 per year in the BLS Occupational Employment and Wage Statistics May 2025 release. The published 10th-to-90th-percentile boundaries run from $55,530 to $145,160, and the published mean is $93,700. Those summary statistics describe the estimated distribution; their difference alone does not identify its cause. OEWS estimates 105,420 jobs in covered establishments nationally. WageDex has published rows for 50 state or territory areas and 159 metropolitan or nonmetropolitan wage areas. The published national median moved from $79,880 in the May 2024 OEWS release to $81,370 in May 2025, a rise of $1,490 (+1.9%). This is a change between two BLS survey estimates, not an inflation-adjusted same-worker pay raise.

BLS Employment Projections forecast a -2.6% change in employment from 2024 to 2034, which we classify as declining relative to the all-occupations baseline of 3.1%. About 8,200 openings are projected per year from growth, occupational transfers, and labor-force exits. BLS assigns Bachelor's degree as typical education needed for entry, and BLS classifies its typical on-the-job preparation as moderate-term on-the-job training. BLS does not publish a separate occupation-specific fatality and injury rate for this role in the current release. The safety panel below shows its broad Business and Financial Operations Occupations SOC-group context and is not an occupation-level measurement or ranking.

Geographic variation matters as much as the headline median. Massachusetts pays the highest state median at $106,640, which is +31% above the national figure. The highest published metropolitan-area median in this ranking is Springfield, MA at $115,420. The observed difference does not identify its cause. Pair the national median with the state and metropolitan-area rows below while keeping the geography and statistic consistent. OEWS includes tips, commissions, incentive pay, and production bonuses, but not employer benefits, overtime premiums, stock compensation, or nonproduction bonuses. See our methodology for the sourcing and calculation details.

BLS OEWS May 2025 105,420 jobs Median $81,370/yr

Median Salary

$81,370

per year

Median Hourly

$39.12/hr

per hour

Mean Salary

$93,700

average

Employment

105,420

jobs nationwide

How does this pay compare nationally?

Where Insurance Underwriters pay sits nationally

Median annual wage vs. 825 detailed BLS occupations with a published median

$81,370 Top 25% higher than 75% of 825 US occupations

$0–$20,000: 0 US occupations (0%). Below this entry. $20,000–$40,000: 98 US occupations (12%). Below this entry. $40,000–$60,000: 298 US occupations (36%). Below this entry. $60,000–$80,000: 209 US occupations (25%). Below this entry. $80,000–$100,000: 82 US occupations (10%). This entry sits in this band. $100,000–$120,000: 58 US occupations (7%). Above this entry. $120,000–$140,000: 32 US occupations (4%). Above this entry. $140,000–$160,000: 14 US occupations (2%). Above this entry. $160,000–$180,000: 9 US occupations (1%). Above this entry. $180,000 and above: 25 US occupations (3%). Above this entry. This job $0 $180,000+ every BLS occupation, bucketed by value

Each bar is a $20K-wide band; taller bars hold more US occupations. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Read the chart as text · as of May 2025
Band Count Share
$0–$20,000 0 US occupations 0%
$20,000–$40,000 98 US occupations 12%
$40,000–$60,000 298 US occupations 36%
$60,000–$80,000 209 US occupations 25%
$80,000–$100,000 (this entry) 82 US occupations 10%
$100,000–$120,000 58 US occupations 7%
$120,000–$140,000 32 US occupations 4%
$140,000–$160,000 14 US occupations 2%
$160,000–$180,000 9 US occupations 1%
$180,000 and above 25 US occupations 3%

$81,370 · 75th percentile of 825 US occupations

Source U.S. Bureau of Labor Statistics, OEWS · May 2025

Does this job pay well and grow?

Each dot is a 13-series occupation, placed by projected 2024–2034 growth and median pay. The highlighted dot is Insurance Underwriters; the upper-right quadrant is the sweet spot (high pay + fast growth).

Among 24 13-series occupations with growth data, Insurance Underwriters sits on the slower-growing side at -2.6% growth and $81,370 median pay. Scatter plot of 24 data points. $40000$60000$80000$100000$120000 -10%0%10%20% Projected growth 2024–2034 (%) Median annual wage Accountants and Audi… - Projected growth 2024–2034 (%): 4.6% · Median annual wage: $83680Business Operations … - Projected growth 2024–2034 (%): 3% · Median annual wage: $83050Project Management S… - Projected growth 2024–2034 (%): 5.6% · Median annual wage: $102320Human Resources Spec… - Projected growth 2024–2034 (%): 6.2% · Median annual wage: $75940Market Research Anal… - Projected growth 2024–2034 (%): 6.7% · Median annual wage: $78760Management Analysts - Projected growth 2024–2034 (%): 8.8% · Median annual wage: $101860Buyers and Purchasin… - Projected growth 2024–2034 (%): 5.8% · Median annual wage: $77710Training and Develop… - Projected growth 2024–2034 (%): 10.8% · Median annual wage: $69280Compliance Officers - Projected growth 2024–2034 (%): 3% · Median annual wage: $80730Financial and Invest… - Projected growth 2024–2034 (%): 5.7% · Median annual wage: $102740Claims Adjusters, Ex… - Projected growth 2024–2034 (%): -5.1% · Median annual wage: $78000Loan Officers - Projected growth 2024–2034 (%): 1.7% · Median annual wage: $76690Personal Financial A… - Projected growth 2024–2034 (%): 9.6% · Median annual wage: $105070Logisticians - Projected growth 2024–2034 (%): 16.7% · Median annual wage: $82320Cost Estimators - Projected growth 2024–2034 (%): -4.2% · Median annual wage: $78740Meeting, Convention,… - Projected growth 2024–2034 (%): 4.8% · Median annual wage: $61160Financial Specialist… - Projected growth 2024–2034 (%): 3.1% · Median annual wage: $81100Compensation, Benefi… - Projected growth 2024–2034 (%): 5.3% · Median annual wage: $78210Fundraisers - Projected growth 2024–2034 (%): 4.3% · Median annual wage: $72550Insurance Underwriters - Projected growth 2024–2034 (%): -2.6% · Median annual wage: $81370Tax Preparers - Projected growth 2024–2034 (%): 4.5% · Median annual wage: $54920Financial Examiners - Projected growth 2024–2034 (%): 18.5% · Median annual wage: $94160Labor Relations Spec… - Projected growth 2024–2034 (%): -0.1% · Median annual wage: $95420Credit Analysts - Projected growth 2024–2034 (%): -4.4% · Median annual wage: $83510
Among 24 13-series occupations with growth data, Insurance Underwriters sits on the slower-growing side at -2.6% growth and $81,370 median pay.
Read the chart as text
  • Accountants and Audi…: Projected growth 2024–2034 (%) 4.6%, Median annual wage $83680
  • Business Operations …: Projected growth 2024–2034 (%) 3%, Median annual wage $83050
  • Project Management S…: Projected growth 2024–2034 (%) 5.6%, Median annual wage $102320
  • Human Resources Spec…: Projected growth 2024–2034 (%) 6.2%, Median annual wage $75940
  • Market Research Anal…: Projected growth 2024–2034 (%) 6.7%, Median annual wage $78760
  • Management Analysts: Projected growth 2024–2034 (%) 8.8%, Median annual wage $101860
  • Buyers and Purchasin…: Projected growth 2024–2034 (%) 5.8%, Median annual wage $77710
  • Training and Develop…: Projected growth 2024–2034 (%) 10.8%, Median annual wage $69280
  • Compliance Officers: Projected growth 2024–2034 (%) 3%, Median annual wage $80730
  • Financial and Invest…: Projected growth 2024–2034 (%) 5.7%, Median annual wage $102740
  • Claims Adjusters, Ex…: Projected growth 2024–2034 (%) -5.1%, Median annual wage $78000
  • Loan Officers: Projected growth 2024–2034 (%) 1.7%, Median annual wage $76690
  • Personal Financial A…: Projected growth 2024–2034 (%) 9.6%, Median annual wage $105070
  • Logisticians: Projected growth 2024–2034 (%) 16.7%, Median annual wage $82320
  • Cost Estimators: Projected growth 2024–2034 (%) -4.2%, Median annual wage $78740
  • Meeting, Convention,…: Projected growth 2024–2034 (%) 4.8%, Median annual wage $61160
  • Financial Specialist…: Projected growth 2024–2034 (%) 3.1%, Median annual wage $81100
  • Compensation, Benefi…: Projected growth 2024–2034 (%) 5.3%, Median annual wage $78210
  • Fundraisers: Projected growth 2024–2034 (%) 4.3%, Median annual wage $72550
  • Insurance Underwriters: Projected growth 2024–2034 (%) -2.6%, Median annual wage $81370
  • Tax Preparers: Projected growth 2024–2034 (%) 4.5%, Median annual wage $54920
  • Financial Examiners: Projected growth 2024–2034 (%) 18.5%, Median annual wage $94160
  • Labor Relations Spec…: Projected growth 2024–2034 (%) -0.1%, Median annual wage $95420
  • Credit Analysts: Projected growth 2024–2034 (%) -4.4%, Median annual wage $83510

Source: U.S. Bureau of Labor Statistics, OEWS (wages, May 2025) and Employment Projections (2024–2034).

Job Outlook (2024–2034)

Projected Growth

-2.6%

Declining

Annual Openings

8,200

per year (projected)

Employment Change

-3,300

127,000 (2024) → 123,700 (2034)

Typical Education

Bachelor's degree

On-the-Job Training

Moderate-term on-the-job training

Source: BLS Employment Projections, 2024–2034

Workplace Safety

All safety ratings →
Group

Business and Financial Operations Occupations context

Broad SOC context, not an occupation grade

Fatality Rate

0.3/100K

Injury Rate

0.3/100

Danger Index

1.4/100

Source: BLS Census of Fatal Occupational Injuries (CFOI) & Survey of Occupational Injuries and Illnesses (SOII), 2023

Career Intelligence

Skills, knowledge, and tasks most important for Insurance Underwriters roles, ranked by importance. Source: O*NET.

Top Skills

Reading Comprehension 3.8
Active Listening 3.8
Writing 3.8
Critical Thinking 3.8
Speaking 3.6
Judgment and Decision Making 3.5
Active Learning 3.1
Complex Problem Solving 3.1
Monitoring 3.0
Social Perceptiveness 3.0

Knowledge Areas

English Language 4.0
Customer and Personal Service 3.9
Mathematics 3.3
Sales and Marketing 3.2
Administrative 2.9
Economics and Accounting 2.7
Law and Government 2.7
Computers and Electronics 2.7
Administration and Management 2.4
Psychology 2.2

Key Tasks

  • Examine documents to determine degree of risk from factors such as applicant health, financial standing and value, and condition of property.
  • Decline excessive risks.
  • Write to field representatives, medical personnel, or others to obtain further information, quote rates, or explain company underwriting policies.
  • Evaluate possibility of losses due to catastrophe or excessive insurance.
  • Review company records to determine amount of insurance in force on single risk or group of closely related risks.
  • Decrease value of policy when risk is substandard and specify applicable endorsements or apply rating to ensure safe, profitable distribution of risks, using reference materials.
  • Authorize reinsurance of policy when risk is high.

Source: O*NET Online, National Center for O*NET Development. Data represents typical importance ratings for this occupation.

Salary Range

Annual Salary Distribution

10th$55,530
25th$64,620
Median$81,370
75th$110,390
90th$145,160

Hourly Rate Distribution

10th$26.70
25th$31.07
Median$39.12
75th$53.07
90th$69.79

Insurance Underwriters pay history, 2015–2025

Published national median across 11 BLS OEWS releases. Nominal dollars, not inflation-adjusted.

$60,000$65,000$70,000$75,000$80,000$85,000 20152016201720182019202020212022202320242025 National median - 2015: $65,040National median - 2016: $67,680National median - 2017: $69,760National median - 2018: $69,380National median - 2019: $70,020National median - 2020: $71,790National median - 2021: $76,390National median - 2022: $76,230National median - 2023: $77,860National median - 2024: $79,880National median - 2025: $81,370$81,370
National median annual wage for Insurance Underwriters, May 2015 to May 2025 OEWS releases
Read the chart as text
Period National median
2015 $65,040
2016 $67,680
2017 $69,760
2018 $69,380
2019 $70,020
2020 $71,790
2021 $76,390
2022 $76,230
2023 $77,860
2024 $79,880
2025 $81,370

2015 median

$65,040

2025 median

$81,370

2019–2025 change (same SOC)

+$11,350 (+16.2%)

Avg/year (same SOC)

+2.5%

Published national median annual wage and estimated employment for Insurance Underwriters by OEWS release year
Release Median Change Estimated jobs
May 2015 $65,040 First banked release 89,960
May 2016 $67,680 +4.1% 91,650
May 2017 $69,760 +3.1% 89,910
May 2018 $69,380 -0.5% 96,040
May 2019 $70,020 Classification break 100,050
May 2020 $71,790 +2.5% 101,790
May 2021 $76,390 +6.4% 107,690
May 2022 $76,230 -0.2% 105,900
May 2023 $77,860 +2.1% 101,310
May 2024 $79,880 +2.6% 107,820
May 2025 $81,370 +1.9% 105,420

Across the 11 releases WageDex holds for this occupation, the published national median went from $65,040 in May 2015 to $81,370 in May 2025. Within the SOC-2018 classification (2019–2025), the like-for-like change averages +2.5% per year in nominal terms. Within the same SOC classification, estimated employment went from 100,050 in May 2019 to 105,420 in May 2025.

Each figure is a separate BLS survey estimate, so a change between releases reflects the estimated occupation-wide median in each year. It is not the raise any individual worker received, and it is not adjusted for inflation. Years where BLS did not publish an annual median for this occupation are omitted rather than filled in. This span also crosses a classification change: releases before May 2019 use the 2010 Standard Occupational Classification and later releases use the 2018 SOC, so figures either side of that boundary are not strictly like-for-like. Headline change rates on this page use only the same-classification subset.

Salary by State

View all 50 states →
# State Median Salary vs National
1 Massachusetts $106,640 +31% above national
2 New Hampshire $103,940 +28% above national
3 Nevada $101,440 +25% above national
4 Connecticut $100,690 +24% above national
5 Colorado $100,640 +24% above national
6 Washington $99,400 +22% above national
7 New York $97,450 +20% above national
8 Wisconsin $97,370 +20% above national
9 New Jersey $96,220 +18% above national
10 Maine $95,510 +17% above national
11 California $95,320 +17% above national
12 Maryland $92,120 +13% above national
13 Illinois $89,620 +10% above national
14 Georgia $85,980 +6% above national
15 Rhode Island $84,720 +4% above national
16 South Dakota $83,130 +2% above national
17 Arkansas $82,130 +1% above national
18 District of Columbia $82,070 +1% above national
19 Virginia $81,870 +1% above national
20 Alaska $81,620 same as national
21 Minnesota $80,700 1% below national
22 Missouri $80,040 2% below national
23 Kentucky $79,830 2% below national
24 South Carolina $79,570 2% below national
25 Ohio $79,260 3% below national
26 Oregon $79,200 3% below national
27 Pennsylvania $78,950 3% below national
28 Texas $78,890 3% below national
29 Tennessee $78,840 3% below national
30 Florida $78,720 3% below national
31 Vermont $77,990 4% below national
32 Arizona $77,740 4% below national
33 Indiana $77,440 5% below national
34 Michigan $77,380 5% below national
35 North Carolina $77,120 5% below national
36 Kansas $77,070 5% below national
37 Louisiana $76,540 6% below national
38 Iowa $75,160 8% below national
39 Nebraska $75,120 8% below national
40 North Dakota $74,130 9% below national
41 Hawaii $73,260 10% below national
42 Utah $72,730 11% below national
43 Oklahoma $66,770 18% below national
44 New Mexico $64,000 21% below national
45 Montana $63,140 22% below national
46 Idaho $62,530 23% below national
47 Wyoming $62,290 23% below national
48 Alabama $62,220 24% below national
49 Mississippi $59,250 27% below national
50 Puerto Rico $46,990 42% below national

Salary by Metro Area

View all 142 metro areas →
# Metro Area Median Salary vs National
1 Springfield, MA $115,420 +42% above national
2 Bridgeport-Stamford-Danbury, CT $114,980 +41% above national
3 Milwaukee-Waukesha, WI $106,570 +31% above national
4 Boston-Cambridge-Newton, MA-NH $106,170 +30% above national
5 Chattanooga, TN-GA $102,460 +26% above national
6 Waterbury-Shelton, CT $102,030 +25% above national
7 Denver-Aurora-Centennial, CO $101,840 +25% above national
8 Las Vegas-Henderson-North Las Vegas, NV $101,300 +24% above national
9 Lexington-Fayette, KY $100,990 +24% above national
10 Hartford-West Hartford-East Hartford, CT $100,690 +24% above national
11 Seattle-Tacoma-Bellevue, WA $100,130 +23% above national
12 Chicago-Naperville-Elgin, IL-IN $99,840 +23% above national
13 New York-Newark-Jersey City, NY-NJ $98,410 +21% above national
14 San Diego-Chula Vista-Carlsbad, CA $98,210 +21% above national
15 Worcester, MA $98,000 +20% above national
16 Los Angeles-Long Beach-Anaheim, CA $97,870 +20% above national
17 Manchester-Nashua, NH $97,800 +20% above national
18 Trenton-Princeton, NJ $96,730 +19% above national
19 Fresno, CA $95,880 +18% above national
20 San Jose-Sunnyvale-Santa Clara, CA $95,830 +18% above national
21 Appleton, WI $95,610 +18% above national
22 Atlanta-Sandy Springs-Roswell, GA $95,430 +17% above national
23 Buffalo-Cheektowaga, NY $95,370 +17% above national
24 Lafayette-West Lafayette, IN $95,130 +17% above national
25 Madison, WI $95,130 +17% above national
26 Rochester, NY $94,310 +16% above national
27 Colorado Springs, CO $93,960 +15% above national
28 Baltimore-Columbia-Towson, MD $93,510 +15% above national
29 Albany-Schenectady-Troy, NY $92,830 +14% above national
30 Portland-South Portland, ME $92,490 +14% above national
31 Sacramento-Roseville-Folsom, CA $91,340 +12% above national
32 Washington-Arlington-Alexandria, DC-VA-MD-WV $90,990 +12% above national
33 Kiryas Joel-Poughkeepsie-Newburgh, NY $90,380 +11% above national
34 Ocala, FL $89,740 +10% above national
35 Topeka, KS $88,400 +9% above national
36 Providence-Warwick, RI-MA $85,150 +5% above national
37 Kansas City, MO-KS $84,800 +4% above national
38 Philadelphia-Camden-Wilmington, PA-NJ-DE-MD $84,580 +4% above national
39 San Francisco-Oakland-Fremont, CA $84,520 +4% above national
40 New Haven, CT $84,510 +4% above national
41 Spokane-Spokane Valley, WA $83,630 +3% above national
42 Oxnard-Thousand Oaks-Ventura, CA $83,240 +2% above national
43 Minneapolis-St. Paul-Bloomington, MN-WI $82,980 +2% above national
44 Cape Coral-Fort Myers, FL $82,390 +1% above national
45 St. Louis, MO-IL $82,270 +1% above national
46 Cincinnati, OH-KY-IN $82,110 +1% above national
47 Anchorage, AK $81,620 same as national
48 Charlottesville, VA $81,580 same as national
49 Richmond, VA $81,400 same as national
50 Jacksonville, FL $81,220 same as national
51 Syracuse, NY $81,160 same as national
52 Helena, MT $81,080 same as national
53 Hagerstown-Martinsburg, MD-WV $80,770 1% below national
54 Allentown-Bethlehem-Easton, PA-NJ $80,690 1% below national
55 Detroit-Warren-Dearborn, MI $80,180 1% below national
56 Memphis, TN-MS-AR $80,160 1% below national
57 Charlotte-Concord-Gastonia, NC-SC $80,080 2% below national
58 Davenport-Moline-Rock Island, IA-IL $80,070 2% below national
59 Nashville-Davidson--Murfreesboro--Franklin, TN $79,870 2% below national
60 Durham-Chapel Hill, NC $79,830 2% below national
61 Boise City, ID $79,780 2% below national
62 New Orleans-Metairie, LA $79,780 2% below national
63 Dallas-Fort Worth-Arlington, TX $79,590 2% below national
64 Riverside-San Bernardino-Ontario, CA $79,590 2% below national
65 Charleston-North Charleston, SC $79,570 2% below national
66 Grand Rapids-Wyoming-Kentwood, MI $79,560 2% below national
67 Miami-Fort Lauderdale-West Palm Beach, FL $79,460 2% below national
68 Columbus, OH $79,370 2% below national
69 Indianapolis-Carmel-Greenwood, IN $79,280 3% below national
70 Des Moines-West Des Moines, IA $79,230 3% below national
71 Raleigh-Cary, NC $79,210 3% below national
72 Portland-Vancouver-Hillsboro, OR-WA $79,080 3% below national
73 Atlantic City-Hammonton, NJ $79,070 3% below national
74 Deltona-Daytona Beach-Ormond Beach, FL $79,060 3% below national
75 Lincoln, NE $78,830 3% below national
76 Cleveland, OH $78,610 3% below national
77 Baton Rouge, LA $78,360 4% below national
78 Tampa-St. Petersburg-Clearwater, FL $78,350 4% below national
79 Greenville-Anderson-Greer, SC $78,110 4% below national
80 Virginia Beach-Chesapeake-Norfolk, VA-NC $77,980 4% below national
81 Harrisburg-Carlisle, PA $77,890 4% below national
82 Houston-Pasadena-The Woodlands, TX $77,770 4% below national
83 Pittsburgh, PA $77,760 4% below national
84 Ann Arbor, MI $77,750 4% below national
85 Phoenix-Mesa-Chandler, AZ $77,740 4% below national
86 Cedar Rapids, IA $77,440 5% below national
87 North Port-Bradenton-Sarasota, FL $77,360 5% below national
88 Sioux Falls, SD-MN $77,160 5% below national
89 Slidell-Mandeville-Covington, LA $76,540 6% below national
90 Louisville/Jefferson County, KY-IN $76,450 6% below national
91 Jefferson City, MO $75,970 7% below national
92 Greensboro-High Point, NC $75,930 7% below national
93 Austin-Round Rock-San Marcos, TX $75,910 7% below national
94 Peoria, IL $75,910 7% below national
95 Winston-Salem, NC $75,840 7% below national
96 San Antonio-New Braunfels, TX $75,750 7% below national
97 Tucson, AZ $75,560 7% below national
98 Lancaster, PA $75,380 7% below national
99 Columbia, SC $75,290 7% below national
100 Lansing-East Lansing, MI $75,140 8% below national
101 Orlando-Kissimmee-Sanford, FL $74,700 8% below national
102 Springfield, IL $74,680 8% below national
103 Dubuque, IA $74,390 9% below national
104 Provo-Orem-Lehi, UT $74,340 9% below national
105 Fargo, ND-MN $74,130 9% below national
106 Sioux City, IA-NE-SD $74,130 9% below national
107 Knoxville, TN $73,880 9% below national
108 Urban Honolulu, HI $73,580 10% below national
109 Lafayette, LA $72,980 10% below national
110 Akron, OH $72,870 10% below national
111 Pensacola-Ferry Pass-Brent, FL $72,830 10% below national
112 Salt Lake City-Murray, UT $72,730 11% below national
113 Wausau, WI $71,140 13% below national
114 Omaha, NE-IA $70,160 14% below national
115 Albuquerque, NM $70,150 14% below national
116 Traverse City, MI $69,500 15% below national
117 Oklahoma City, OK $69,140 15% below national
118 Tulsa, OK $69,090 15% below national
119 Little Rock-North Little Rock-Conway, AR $67,520 17% below national
120 Bismarck, ND $66,930 18% below national
121 Roanoke, VA $66,670 18% below national
122 Manhattan, KS $66,280 19% below national
123 Birmingham, AL $66,000 19% below national
124 Jackson, MS $65,550 19% below national
125 Charleston, WV $64,730 20% below national
126 Fort Wayne, IN $64,490 21% below national
127 Gainesville, FL $64,270 21% below national
128 Columbia, MO $63,540 22% below national
129 Missoula, MT $62,890 23% below national
130 Tallahassee, FL $62,470 23% below national
131 Sebastian-Vero Beach-West Vero Corridor, FL $61,900 24% below national
132 Waco, TX $61,560 24% below national
133 Toledo, OH $59,710 27% below national
134 Burlington, NC $58,790 28% below national
135 Goldsboro, NC $58,110 29% below national
136 Decatur, AL $57,850 29% below national
137 Montgomery, AL $57,400 29% below national
138 Mobile, AL $56,660 30% below national
139 Gulfport-Biloxi, MS $51,470 37% below national
140 Scranton--Wilkes-Barre, PA $47,840 41% below national
141 San Juan-Bayamon-Caguas, PR $46,990 42% below national
142 Daphne-Fairhope-Foley, AL $43,540 46% below national

Same SOC major group

Other detailed occupations in SOC major group 13 (Business and Financial Operations Occupations) - category peers, not a pay match.

Showing 5 of 31 detailed occupations BLS assigns to this SOC major group.

Nationwide occupations with similar pay or employment scale

Two OEWS peer sets outside this SOC major group (Business and Financial Operations Occupations). Same-category cards above stay inside the group; these neighborhoods are cross-group nearest neighbors on national median pay ($81,370 here) and reported employment (105,420 jobs here).

Peers are nearest-neighbor matches on BLS OEWS national median annual wage and reported employment. Employment peers exclude occupations already listed in the pay column so the two link sets stay distinct.

Frequently Asked Questions

How much do Insurance Underwriters make?
The median annual salary for Insurance Underwriters is $81,370 ($39.12/hour). The salary range spans from $55,530 at the 10th percentile to $145,160 at the 90th percentile.
Where does Insurance Underwriters pay rank nationally?
At a published national median of $81,370, Insurance Underwriters pay is higher than 75% of the 825 detailed occupations with a published BLS annual median in the May 2025 OEWS release. This compares occupation-level medians, not individual workers, job offers, or this occupation's own worker pay-percentile range.
What state pays Insurance Underwriters the most?
Massachusetts pays the highest median salary for Insurance Underwriters at $106,640/year, which is +31% above the national median.
What education do Insurance Underwriters need?
BLS assigns Insurance Underwriters to Bachelor's degree for typical education needed for entry. Typical on-the-job training assignment: Moderate-term on-the-job training.
Does BLS publish a safety rate for Insurance Underwriters?
BLS does not publish a separate occupation-specific fatality and injury rate for Insurance Underwriters in this release. WageDex shows the Business and Financial Operations Occupations SOC-group rate only as broad context and does not rank it as this occupation's measured rate.
Is Insurance Underwriters a good career?
Employment for Insurance Underwriters is projected to decline 2.6% from 2024 to 2034, which is declining. About 8,200 openings are projected each year.
How does Insurance Underwriters pay vary by state?
Insurance Underwriters salaries vary significantly by state. The highest-paying state is Massachusetts at $106,640/year, while Puerto Rico pays the least at $46,990/year. BLS data covers 50 states and territories.
Which metro areas pay the most for Insurance Underwriters?
The highest published metropolitan-area median in this ranking is Springfield, MA at $115,420/year. BLS reports a median for 142 metropolitan areas for this occupation. The ranking does not establish why values differ.

What to do with this data

How to use Insurance Underwriters pay figures in a real decision

  • The 75th-percentile wage is about $110,390/year. Treat it as the upper-quartile market boundary, not an automatic target for experience alone; role scope, location, industry, credentials, performance, and employer context still need separate evidence. Salary calculator
  • Location moves pay significantly: Massachusetts leads at $106,640/year for this role. Weigh state pay against local cost of living before relocating or negotiating remote. Pay by state
  • Compare this occupation against similar roles before you decide, so you are reading the pay band in context rather than in isolation. Compare jobs

These are BLS survey estimates for the occupation, not a salary offer or a prediction for any individual. Your pay depends on experience, employer, exact role, and location.

Data as of May 2025. Source: U.S. Bureau of Labor Statistics (BLS).

Occupational Employment and Wage Statistics (OEWS), May 2025 annual release. Employment projections from BLS Employment Projections program, 2024–2034. Data reflects cross-industry estimates for all ownership types.

These are survey estimates for the occupation, not a salary offer or a prediction for any individual. See how to use them.

Source data and WageDex calculations are identified in context on this page. Occupation wages use BLS OEWS May 2025; outlook uses BLS Employment Projections for 2024–2034; safety, skills, knowledge, and task panels identify their BLS or O*NET sources in context. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.

This page is for informational purposes only and does not constitute financial or career advice. Actual pay for a specific role, employer, or offer may differ from these national/state figures, consult a qualified career counselor, recruiter, or financial advisor before making decisions based on this data.