The salary statistics of insurance underwriters in the industry sector of finance and insurance are shown in Table 1. In Table 2 we compare insurance underwriter salaries in different industries within the finance and insurance sector.
|Percentile Bracket||Average Annual Salary|
|10th Percentile Wage|| |
|25th Percentile Wage|| |
|50th Percentile Wage|| |
|75th Percentile Wage|| |
|90th Percentile Wage|| |
Table 1 shows the average annual salary for insurance underwriters in the industry sector of finance and insurance. The salaries are shown in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) insurance underwriters is $121,980. The median annual salary (50th percentile) is $67,970. The average annual salary for the bottom 10 percent paid insurance underwriters is $40,280.
The following table and chart show the trend of the median salary of insurance underwriters in the industry sector of finance and insurance from 2012 to 2016.
|Year||Median Salary||Yearly Growth||4-Year Growth|
The average salaries of insurance underwriters in 16 industries in the finance and insurance sector are shown below. We note that within this industry sector, the salaries vary among different industries. The highest paying industry for insurance underwriter occupations is the securities and commodity contracts intermediation and brokerage industry with an annual salary $82,470. The lowest paying industry is the funds, trusts, and other financial vehicles industry (annual salary $58,830). For detailed insurance underwriter salary information in a particular industry, use the links provided below.
|Industry Name||Median Annual Salary|
|Securities and Commodity Contracts Intermediation and Brokerage|| |
|Securities, Commodity Contracts, and Other Financial Investments and Related Activities|| |
|Other Financial Investment Activities|| |
|Other Nondepository Credit Intermediation|| |
|Nondepository Credit Intermediation|| |
|Credit Intermediation and Related Activities|| |
|Activities Related to Credit Intermediation|| |
|Depository Credit Intermediation|| |
|Insurance Carriers|| |
|Insurance Carriers and Related Activities|| |
|Direct Insurance (except Life, Health, and Medical) Carriers|| |
|Insurance Agencies and Brokerages|| |
|Agencies, Brokerages, and Other Insurance Related Activities|| |
|Other Insurance Related Activities|| |
|Insurance and Employee Benefit Funds|| |
|Funds, Trusts, and Other Financial Vehicles|| |
Data source: The national compensation survey conducted by the U.S. Bureau of Labor Statistics (BLS) in 2016 and published in April 2017 .