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 amongst 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 2016 and published in April 2017 [1].

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

Percentile BracketAverage Annual Salary
10th Percentile Wage
$42,720
25th Percentile Wage
$50,990
50th Percentile Wage
$64,700
75th Percentile Wage
$82,060
90th Percentile Wage
$98,970

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 $98,970. The median (50th percentile) annual salary is $64,700. The average annual salary for the bottom 10 percent is $42,720.

Percentile BracketAverage Hourly Salary
10th Percentile Wage
$20.54
25th Percentile Wage
$24.51
50th Percentile Wage
$31.11
75th Percentile Wage
$39.45
90th Percentile Wage
$47.58

Table 2 shows the average hourly salary for insurance underwriters in Ohio in 5 percentile scales. The average hourly salary for the 90th percentile is $47.58. The median hourly salary is $31.11. The average hourly salary for the bottom 10 percent is $20.54.

Salary Trend (2012 to 2016)

The following table and chart show the trend of the median salary of insurance underwriters from 2012 to 2016.

YearMedian SalaryYearly Growth4-Year Growth
201664,7005.19%9.03%
201561,3400.72%-
201460,9000.54%-
201360,5702.82%-
201258,860--

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 $69,200. The highest paying area for insurance underwriters in Ohio is Cleveland-Elyria-Mentor with a median annual salary of $69,200. The second highest paying city/area in Ohio State is Columbus (mean annual salary $66,250). The lowest paying area is Canton-Massillon with a median annual salary of $44,330.

Cities/Areas Median Annual Salary
Cleveland-Elyria-Mentor
$69,200
Columbus
$66,250
Dayton
$64,100
Toledo
$62,460
Akron
$61,550
Cincinnati-Middletown
$61,470
Other Ohio nonmetropolitan area
$59,280
West Northwestern Ohio nonmetropolitan area
$55,800
Canton-Massillon
$44,330


Related:

Highest paying cities for insurance underwriters

Highest paying industries for insurance underwriters.