Insurance Underwriters pay in the U.S.
$93,700avg. a year
$45.05 an hour · 105,420 employed
Insurance Underwriters in the U.S. earn an average of $93,700 a year and a median of $81,370. Pay is highest in Massachusetts ($114,510) and lowest in Mississippi ($63,890).
$81,370Median pay
$45.05Average hourly
+17%Avg. pay since 2020
105,420Jobs in the U.S.
Top-paying states for insurance underwriters
Average pay by state. Swipe to see the top 10.
12,890 jobs
Massachusetts
$114,510
$55.05 an hour
22,040 jobs
Colorado
$111,330
$53.53 an hour
36,900 jobs
New York
$110,210
$52.99 an hour
4270 jobs
New Hampshire
$109,760
$52.77 an hour
51,740 jobs
Washington
$108,920
$52.37 an hour
6
District of Columbia
$108,350
$52.09 an hour
72,010 jobs
Connecticut
$106,140
$51.03 an hour
8480 jobs
Nevada
$103,000
$49.52 an hour
96,580 jobs
California
$102,850
$49.45 an hour
107,160 jobs
Georgia
$100,720
$48.42 an hour
Why people trust JobPayFacts
Official government dataEvery number comes from the U.S. Bureau of Labor Statistics wage survey of employers, not self-reported salaries.
Every state and city830 jobs across all 50 states, D.C. and 199 large metro areas.
Updated every yearNew figures each spring when BLS releases them. This site uses May 2025 data.
Insurance Underwriters pay, charted
Pay over time
United States, annual wage, May of each year
AverageMedian
Where the jobs are
Employment by state, May 2025
Average pay by state
May 2025 · tap a state
AKMEWIVTNHWAIDMTNDMNILMINYMAORNVWYSDIAINOHPANJCTRICAUTCONEMOKYWVVAMDDEAZNMKSARTNNCSCDCOKLAMSALGAHITXFL
Under $78k$78k–$88k$88k–$99k$99k+
Top-paying metro areas
Average pay, May 2025 (areas with 100+ jobs)
| Metro area | Avg. pay | Hourly |
|---|---|---|
| Bridgeport-Stamford-Danbury, CT | $127,970 | $61.53 |
| Boston-Cambridge-Newton, MA-NH | $115,600 | $55.58 |
| Denver-Aurora-Centennial, CO | $115,260 | $55.42 |
| Seattle-Tacoma-Bellevue, WA | $114,200 | $54.91 |
| Manchester-Nashua, NH | $112,530 | $54.10 |
| New York-Newark-Jersey City, NY-NJ | $111,900 | $53.80 |
| Springfield, MA | $108,170 | $52.01 |
| Chicago-Naperville-Elgin, IL-IN | $106,450 | $51.18 |
Related jobs
- Accountants and Auditors$94,750
- Financial and Investment Analysts$116,800
- Loan Officers$87,790
- Personal Financial Advisors$156,670
- Financial Specialists, All Other$93,810
- Tax Preparers$60,930
Average U.S. pay, May 2025
Bureau of Labor Statistics OEWS
Insurance Underwriters pay in every state
States without a figure had too few jobs or too little survey data for BLS to publish.
| State | Avg. pay | Median | Jobs |
|---|---|---|---|
| Alabama | $76,480 | $62,220 | 1,540 |
| Alaska | $76,560 | $81,620 | 100 |
| Arizona | $85,770 | $77,740 | 3,360 |
| Arkansas | $86,390 | $82,130 | 290 |
| California | $102,850 | $95,320 | 6,580 |
| Colorado | $111,330 | $100,640 | 2,040 |
| Connecticut | $106,140 | $100,690 | 2,010 |
| District of Columbia | $108,350 | $82,070 | – |
| Florida | $89,040 | $78,720 | 7,300 |
| Georgia | $100,720 | $85,980 | 7,160 |
| Hawaii | $76,090 | $73,260 | 230 |
| Idaho | $77,420 | $62,530 | 360 |
| Illinois | $99,120 | $89,620 | – |
| Indiana | $78,280 | $77,440 | 2,170 |
| Iowa | $83,220 | $75,160 | 1,490 |
| Kansas | $95,660 | $77,070 | 1,230 |
| Kentucky | $87,430 | $79,830 | 900 |
| Louisiana | $81,450 | $76,540 | 1,050 |
| Maine | $94,640 | $95,510 | 520 |
| Maryland | $96,540 | $92,120 | 1,310 |
| Massachusetts | $114,510 | $106,640 | 2,890 |
| Michigan | $81,620 | $77,380 | 2,590 |
| Minnesota | $95,750 | $80,700 | 2,550 |
| Mississippi | $63,890 | $59,250 | 600 |
| Missouri | $84,070 | $80,040 | 2,130 |
| Montana | $76,970 | $63,140 | 140 |
| Nebraska | $76,900 | $75,120 | 1,410 |
| Nevada | $103,000 | $101,440 | 480 |
| New Hampshire | $109,760 | $103,940 | 270 |
| New Jersey | $99,990 | $96,220 | 3,150 |
| New Mexico | $71,970 | $64,000 | 100 |
| New York | $110,210 | $97,450 | 6,900 |
| North Carolina | $83,920 | $77,120 | 3,460 |
| North Dakota | $78,330 | $74,130 | 210 |
| Ohio | $86,900 | $79,260 | 5,110 |
| Oklahoma | $72,490 | $66,770 | 600 |
| Oregon | $87,660 | $79,200 | 570 |
| Pennsylvania | $90,490 | $78,950 | 5,160 |
| Rhode Island | $91,620 | $84,720 | 250 |
| South Carolina | $87,610 | $79,570 | 910 |
| South Dakota | $99,910 | $83,130 | 210 |
| Tennessee | $82,570 | $78,840 | 1,250 |
| Texas | $88,790 | $78,890 | 9,980 |
| Utah | $76,430 | $72,730 | 490 |
| Vermont | $81,310 | $77,990 | 210 |
| Virginia | $92,270 | $81,870 | 2,470 |
| Washington | $108,920 | $99,400 | 1,740 |
| Wisconsin | $95,410 | $97,370 | 3,110 |
| Wyoming | $67,760 | $62,290 | 50 |
Metro areas with the most jobs
New York-Newark-Jersey City, NY-NJ
$111,900
6,740 jobsAtlanta-Sandy Springs-Roswell, GA$104,320
5,090 jobsDallas-Fort Worth-Arlington, TX$94,020
4,140 jobsChicago-Naperville-Elgin, IL-IN
$106,450
4,060 jobsPhoenix-Mesa-Chandler, AZ
$86,030
3,030 jobsPhiladelphia-Camden-Wilmington, PA-NJ-DE-MD
$99,570
2,590 jobsLos Angeles-Long Beach-Anaheim, CA
$104,220
2,090 jobsBoston-Cambridge-Newton, MA-NH
$115,600
2,080 jobsQuestions and answers
How much do insurance underwriters make?
The average is $93,700 a year across the U.S. Half earn more than $81,370 and half earn less (the median).
What is the hourly pay?
The average hourly wage is $45.05, and the median is $39.12 an hour.
Which state pays insurance underwriters the most?
Massachusetts, with an average of $114,510 a year. The best-paying metro area is Bridgeport-Stamford-Danbury, CT at $127,970.
What is the pay range?
The lowest-paid 10% earn under $55,530 a year, and the top 10% earn over $145,160.
Sources and notes. U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 (trend: May 2020–May 2025), occupation code 13-2053. Wages are gross pay before taxes and don't include overtime premiums, tips, bonuses or benefits; self-employed workers aren't included. Year-to-year changes can partly reflect survey method changes, so treat the trend as a guide. How we use the data. JobPayFacts isn't affiliated with BLS.