Insurance Underwriters Salary in the United States

Median annual wage: $81,370 · Median hourly: $39.12 · Employment: 105,420

Annual Salary Percentiles

PercentileAnnualHourly
10th$55,530$26.70
25th$64,620$31.07
Median$81,370$39.12
75th$110,390$53.07
90th$145,160$69.79

Quick Facts

What the data says

For career planning: entry-level pay (10th percentile) is about $55,530, median pay is $81,370, and experienced pay (90th percentile) reaches $145,160.

The mean wage of $93,700 sits 15.2% above the median — the typical worker earns close to the median, while a smaller group of higher earners pulls the average up.

Insurance Underwriters Salary by State

The table below ranks every state by median annual wage. Click a state for detailed local data.

StateMedian AnnualMedian Hourlyvs NationalEmployment
Alabama $62,220 $29.92 -23.5% 1,540
Alaska $81,620 $39.24 +0.3% 100
Arizona $77,740 $37.38 -4.5% 3,360
Arkansas $82,130 $39.48 +0.9% 290
California $95,320 $45.83 +17.1% 6,580
Colorado $100,640 $48.38 +23.7% 2,040
Connecticut $100,690 $48.41 +23.7% 2,010
Delaware 210
District of Columbia $82,070 $39.46 +0.9% 0
Florida $78,720 $37.85 -3.3% 7,300
Georgia $85,980 $41.34 +5.7% 7,160
Hawaii $73,260 $35.22 -10.0% 230
Idaho $62,530 $30.06 -23.2% 360
Illinois $89,620 $43.09 +10.1% 0
Indiana $77,440 $37.23 -4.8% 2,170
Iowa $75,160 $36.14 -7.6% 1,490
Kansas $77,070 $37.05 -5.3% 1,230
Kentucky $79,830 $38.38 -1.9% 900
Louisiana $76,540 $36.80 -5.9% 1,050
Maine $95,510 $45.92 +17.4% 520
Maryland $92,120 $44.29 +13.2% 1,310
Massachusetts $106,640 $51.27 +31.1% 2,890
Michigan $77,380 $37.20 -4.9% 2,590
Minnesota $80,700 $38.80 -0.8% 2,550
Mississippi $59,250 $28.49 -27.2% 600
Missouri $80,040 $38.48 -1.6% 2,130
Montana $63,140 $30.36 -22.4% 140
Nebraska $75,120 $36.12 -7.7% 1,410
Nevada $101,440 $48.77 +24.7% 480
New Hampshire $103,940 $49.97 +27.7% 270
New Jersey $96,220 $46.26 +18.2% 3,150
New Mexico $64,000 $30.77 -21.3% 100
New York $97,450 $46.85 +19.8% 6,900
North Carolina $77,120 $37.08 -5.2% 3,460
North Dakota $74,130 $35.64 -8.9% 210
Ohio $79,260 $38.11 -2.6% 5,110
Oklahoma $66,770 $32.10 -17.9% 600
Oregon $79,200 $38.08 -2.7% 570
Pennsylvania $78,950 $37.96 -3.0% 5,160
Rhode Island $84,720 $40.73 +4.1% 250
South Carolina $79,570 $38.26 -2.2% 910
South Dakota $83,130 $39.97 +2.2% 210
Tennessee $78,840 $37.91 -3.1% 1,250
Texas $78,890 $37.93 -3.0% 9,980
Utah $72,730 $34.96 -10.6% 490
Vermont $77,990 $37.50 -4.2% 210
Virginia $81,870 $39.36 +0.6% 2,470
Washington $99,400 $47.79 +22.2% 1,740
West Virginia 190
Wisconsin $97,370 $46.81 +19.7% 3,110
Wyoming $62,290 $29.95 -23.4% 50

Data source: BLS OES state file · U.S. BLS OES, May 2024 (updated April 2025)

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Frequently Asked Questions

What is the average salary for insurance underwriters?

The median annual wage for insurance underwriters is $81,370 ($39.12 per hour), according to the BLS OES survey for May 2024.

Which state pays insurance underwriters the most?

Wages vary by state. Use the state table above to compare median annual pay across all 50 states and Washington, D.C.

How many insurance underwriters are employed in the U.S.?

There are approximately 105,420 insurance underwriters employed nationally, per BLS OES.

How much do insurance underwriters make per hour?

The median hourly wage is $39.12. See the hourly salary page for the full percentile breakdown.