Insurance Underwriter Salary in Sector of Finance and Insurance

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.

Average Annual Salary of Insurance Underwriters

Percentile BracketAverage Annual Salary
10th Percentile Wage
$40,280
25th Percentile Wage
$51,440
50th Percentile Wage
$67,970
75th Percentile Wage
$92,330
90th Percentile Wage
$121,980

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.

Salary Trend (2012 to 2016)

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.

YearMedian SalaryYearly Growth4-Year Growth
201667,9704.08%7.30%
201565,2001.33%-
201464,3300.50%-
201364,0101.56%-
201263,010--

Compare Insurance Underwriter Salary in Different Industries within the Finance and Insurance Sector

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
$82,470
Securities, Commodity Contracts, and Other Financial Investments and Related Activities
$80,280
Other Financial Investment Activities
$78,450
Other Nondepository Credit Intermediation
$77,980
Nondepository Credit Intermediation
$76,770
Credit Intermediation and Related Activities
$73,060
Activities Related to Credit Intermediation
$69,620
Depository Credit Intermediation
$69,150
Insurance Carriers
$67,750
Insurance Carriers and Related Activities
$67,240
Direct Insurance (except Life, Health, and Medical) Carriers
$66,990
Insurance Agencies and Brokerages
$66,690
Agencies, Brokerages, and Other Insurance Related Activities
$66,180
Other Insurance Related Activities
$64,720
Insurance and Employee Benefit Funds
$59,270
Funds, Trusts, and Other Financial Vehicles
$58,830

Data source: The national compensation survey conducted by the U.S. Bureau of Labor Statistics (BLS) in 2016 and published in April 2017 [1].



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Highest paying industries for insurance underwriters.