The annual salary statistics of insurance underwriters in Los Angeles-Long Beach-Anaheim, California is shown in Table 1. The wage information of insurance underwriters in Los Angeles-Long Beach-Anaheim is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $61,090 |
| 25th Percentile Wage | $72,050 |
| 50th Percentile Wage | $94,710 |
| 75th Percentile Wage | $120,000 |
| 90th Percentile Wage | $137,750 |
Table 1 shows the average annual salary for insurance underwriters in Los Angeles-Long Beach-Anaheim, California in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $137,750. The median (50th percentile) annual salary is $94,710. The average annual salary for the bottom 10 percent earners is $61,090.
The table and chart below show the trend of the median salary of insurance underwriters from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $94,710 | 15.18% | 24.21% |
| 2021 | $80,330 | 3.44% | - |
| 2020 | $77,570 | 3.42% | - |
| 2019 | $74,920 | -5.63% | - |
| 2018 | $79,140 | 1.40% | - |
| 2017 | $78,030 | 8.01% | - |
| 2016 | $71,780 | 9.89% | - |
| 2015 | $64,680 | -10.98% | - |
| 2012 | $71,780 | - | - |
From Table 3 we note that the median annual salary of $94,710 in Los Angeles-Long Beach-Anaheim is in the middle of salary range for insurance underwriters in state of California. In comparison, the annual salary of insurance underwriters in Los Angeles-Long Beach-Anaheim is 19.5 percent (19.5%) lower than that in the highest paying San Jose-Sunnyvale-Santa Clara and 35.8 percent (35.8%) higher than that in the lowest paying Santa Cruz-Watsonville.