SalariesInsurance underwriters

Insurance underwriters Salary in the United States

Median pay, percentile range, and top US metros — official BLS data.

The median salary for Insurance underwriters in the United States is $81,370 per year — about $39 per hour, according to the U.S. Bureau of Labor Statistics. Half of all workers in this occupation earn between $64,620 and $110,390 a year.

Median annual salary
$81,370
~$39/hr · ~$6,781/mo
Total US jobs
127K
Decline
Education
Bachelor's degree
Growth: -3%

Salary range

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

Top US metros for Insurance underwriters

MetroLocal salary
Springfield, MA$115,420
Milwaukee-Waukesha, WI$106,570
Chattanooga, TN-GA$102,460
Lexington-Fayette, KY$100,990
Bridgeport-Stamford-Danbury, CT Metropolitan Statistical Area$114,980
Lafayette-West Lafayette, IN$95,130
Las Vegas-Henderson-North Las Vegas, NV$101,300
Topeka, KS$88,400
Appleton, WI$95,610
Waterbury-Shelton, CT$102,030

Frequently asked questions

How much do Insurance underwriters make in the US?

The median salary is $81,370 per year (about $39 per hour), according to BLS data. The middle 50% of workers earn between $64,620 and $110,390 a year.

How much do Insurance underwriters make per hour?

About $39 per hour, based on the median annual salary of $81,370 for full-time work (2,080 hours per year).

What education do you need to work as Insurance underwriters?

Typical entry-level education: Bachelor's degree, according to the U.S. Bureau of Labor Statistics.

Do these salary figures include bonuses or overtime?

No. BLS Occupational Employment and Wage Statistics reflect base wages only — they exclude overtime pay, bonuses, and most benefits.

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Source: US Bureau of Labor Statistics — Occupational Employment and Wage Statistics. (May 2025 OEWS.)