National Salary Info » Insurance Underwriters

Highest Paying Industries for Insurance Underwriters

The top 40 highest paying industries for insurance underwriters (ranked by average annual salary) are listed in Table 1. The entry level salary (as measured by the salary of the lowest 10% paid earners) and the number of employment in those industries are also shown. As shown in the table, with an average annual salary of $102,050, wholesale trade is the highest paying industry for insurance underwriters. It is followed by securities and commodity contracts intermediation and brokerage industry (average annual salary $80,780). The salary and employment information is computed from data published by U.S. Bureau of Labor Statistics in May 2015 [1]. For more information about salaries of insurance underwriters in a specific industry, use the links in the table.

Table 1. 40 Highest Paying Industries for Insurance Underwriters

Industry Average Salary i # of
Empl. i
1 Wholesale Trade
$102,050
n/a
2 Securities and Commodity Contracts Intermediation and Brokerage
$80,780
570
3 Local government, including schools and hospitals
$74,300
130
4 Local Government, excluding schools and hospitals (OES Designation)
$74,300
130
5 Securities, Commodity Contracts, and Other Financial Investments and Related Activities
$73,780
1,310
6 Office Administrative Services
$73,670
180
7 Management, Scientific, and Technical Consulting Services
$70,200
480
8 Other Nondepository Credit Intermediation
$70,170
1,960
9 Business, Professional, Labor, Political, and Similar Organizations
$70,110
40
10 Religious, Grantmaking, Civic, Professional, and Similar Organizations
$70,110
40
11 Other Services (except Federal, State, and Local Government)
$70,110
40
12 Other Financial Investment Activities
$68,310
740
13 Professional, Scientific, and Technical Services
$68,020
580
14 Nondepository Credit Intermediation
$67,960
2,450
15 Credit Intermediation and Related Activities
$66,540
4,020
16 Public sector -- Federal, state, and local government, including government owned schools and hospit
$65,830
570
17 Federal, State, and Local Government (OES Designation)
$65,800
570
18 Federal, State, and Local Government
$65,800
570
19 Depository Credit Intermediation
$64,620
1,140
20 Insurance Carriers
$64,530
60,830
21 Finance and Insurance
$64,330
85,800
22 Activities Related to Credit Intermediation
$64,310
420
23 State government, including schools and hospitals
$64,290
440
24 Direct Health and Medical Insurance Carriers
$64,290
4,870
25 State Government, excluding schools and hospitals (OES Designation)
$64,280
440
26 Other Insurance Related Activities
$64,160
5,460
27 Insurance Carriers and Related Activities
$63,980
80,270
28 Direct Insurance (except Life, Health, and Medical) Carriers
$63,700
43,180
29 Insurance and Employee Benefit Funds
$63,600
190
30 Temporary Help Services
$63,490
180
31 Funds, Trusts, and Other Financial Vehicles
$62,780
200
32 Agencies, Brokerages, and Other Insurance Related Activities
$62,280
19,440
33 Management of Companies and Enterprises
$62,130
3,770
34 Insurance Agencies and Brokerages
$61,680
13,980
35 Health Care and Social Assistance
$60,030
50
36 Administrative and Support Services
$59,870
680
37 Administrative and Support and Waste Management and Remediation Services
$59,870
680
38 Employment Services
$59,070
410
39 Real Estate and Rental and Leasing
$50,340
80
40 Real Estate
$37,050
30
See also: Highest paying cities for insurance underwriters.