Insurance Underwriter Salary Information in Wisconsin

The average annual and hourly salaries for insurance underwriters in the state of Wisconsin are shown in Table 1 and Table 2, respectively. The comparison of the salary statistics of insurance underwriters among Wisconsin 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 Wisconsin

Percentile BracketAverage Annual Salary
10th Percentile Wage
$44,210
25th Percentile Wage
$51,680
50th Percentile Wage
$62,910
75th Percentile Wage
$80,100
90th Percentile Wage
$100,480

Table 1 shows the average annual salary for insurance underwriters in Wisconsin in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $100,480. The median (50th percentile) annual salary is $62,910. The average annual salary for the bottom 10 percent is $44,210.

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
$62,910
2.86% 10.57%
2016
$61,110
1.60% -
2015
$60,130
4.52% -
2014
$57,410
0.14% -
2013
$57,330
1.87% -
2012
$56,260
- -

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

Table 3 shows the median annual salary of insurance underwriters in some Wisconsin cities and metropolitan areas. We note that the median annual salary of insurance underwriters in state of Wisconsin ranges from $39,660 to $68,820. The highest paying area for insurance underwriters in Wisconsin is Milwaukee-Waukesha-West Allis with a median annual salary of $68,820. The second highest paying city/area in Wisconsin State is Lake County-Kenosha County (mean annual salary $65,040). The lowest paying area is Southwestern Wisconsin nonmetropolitan area with a median annual salary of $39,660.

Cities/Areas Median Annual Salary
Milwaukee-Waukesha-West Allis
$68,820
Lake County-Kenosha County
$65,040
Wausau
$64,670
Madison
$64,040
Green Bay
$62,950
Minneapolis-St Paul-Bloomington
$62,350
Appleton
$62,350
Eau Claire
$61,370
Oshkosh-Neenah
$57,930
West Central Wisconsin nonmetropolitan area
$55,210
Sheboygan
$54,770
La Crosse
$54,470
South Central Wisconsin nonmetropolitan area
$51,660
Southwestern Wisconsin nonmetropolitan area
$39,660




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