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Insurance Underwriter Salary in Sector of Professional, Scientific, and Technical Services

The salary statistics of insurance underwriters in the industry sector of professional, scientific, and technical services are shown in Table 1. In Table 2 we compare insurance underwriter salaries in different industries within the professional, scientific, and technical services sector.

Average Annual Salary of Insurance Underwriters

Percentile BracketAverage Annual Salary
10th Percentile Wage
$35,600
25th Percentile Wage
$42,640
50th Percentile Wage
$67,400
75th Percentile Wage
$105,480
90th Percentile Wage
$145,840

Table 1 shows the average annual salary for insurance underwriters in the industry sector of professional, scientific, and technical services. 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 $145,840. The median annual salary (50th percentile) is $67,400. The average annual salary for the bottom 10 percent paid insurance underwriters is $35,600.

Salary Trend (2012 to 2017)

The table and chart below show the trend of the median salary of insurance underwriters in the industry sector of professional, scientific, and technical services from 2012 to 2017.

YearMedian SalaryYearly Growth5-Year Growth
2017
$67,400
-6.90% 14.58%
2016
$72,050
13.96% -
2015
$61,990
-9.73% -
2014
$68,020
12.54% -
2013
$59,490
3.23% -
2012
$57,570
- -

Compare Insurance Underwriter Salary in Different Industries within the Professional, Scientific, and Technical Services Sector

The average salaries of insurance underwriters in three industries in the professional, scientific, and technical services 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 management, scientific, and technical consulting services industry with an annual salary $106,110. The lowest paying industry is the accounting, tax preparation, bookkeeping, and payroll services industry (annual salary $43,880). For detailed insurance underwriter salary information in a particular industry, use the links provided below.

Industry Name Median Annual Salary
Management, Scientific, and Technical Consulting Services
$106,110
Professional, Scientific, and Technical Services
$67,400
Accounting, Tax Preparation, Bookkeeping, and Payroll Services
$43,880

Data source: The national compensation survey conducted by the U.S. Bureau of Labor Statistics (BLS) in 2017 and published in April 2018 [1].




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