Insurance Underwriter Salary Information in Ohio

The average annual and hourly salaries for insurance underwriters in the state of Ohio are shown in Table 1 and Table 2, respectively. The comparison of the salary statistics of insurance underwriters among Ohio areas is shown in Table 3. The salary statistics are based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2017 and published in April 2018 [1].

Table 1 & 2. Annual & Hourly Salary of Insurance Underwriters in Ohio

Percentile BracketAverage Annual Salary
10th Percentile Wage
$44,740
25th Percentile Wage
$54,700
50th Percentile Wage
$69,880
75th Percentile Wage
$88,810
90th Percentile Wage
$106,940

Table 1 shows the average annual salary for insurance underwriters in Ohio in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $106,940. The median (50th percentile) annual salary is $69,880. The average annual salary for the bottom 10 percent is $44,740.

Salary Trend (2012 to 2017)

The table and chart below show the trend of the median salary of insurance underwriters from 2012 to 2017.

YearMedian SalaryYearly Growth5-Year Growth
2017
$69,880
7.41% 15.77%
2016
$64,700
5.19% -
2015
$61,340
0.72% -
2014
$60,900
0.54% -
2013
$60,570
2.82% -
2012
$58,860
- -

Table 3. Median Annual Salary of Insurance Underwriters in Ohio Cities

Table 3 shows the median annual salary of insurance underwriters in some Ohio cities and metropolitan areas. We note that the median annual salary of insurance underwriters in state of Ohio ranges from $44,330 to $72,150. The highest paying area for insurance underwriters in Ohio is Cleveland-Elyria-Mentor with a median annual salary of $72,150. The second highest paying city/area in Ohio State is Columbus (mean annual salary $71,150). The lowest paying area is Canton-Massillon with a median annual salary of $44,330.

Cities/Areas Median Annual Salary
Cleveland-Elyria-Mentor
$72,150
Columbus
$71,150
Cincinnati-Middletown
$69,050
Dayton
$63,410
Akron
$62,980
Other Ohio nonmetropolitan area
$60,550
West Northwestern Ohio nonmetropolitan area
$58,460
Toledo
$58,300
Canton-Massillon
$44,330




Related:

💰 Highest paying cities for insurance underwriters

💰 Highest paying industries for insurance underwriters.