The annual salary statistics of insurance underwriters in San Diego-Carlsbad-San Marcos, California is shown in Table 1. The wage statistics of insurance underwriters in San Diego-Carlsbad-San Marcos 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 | $58,870 |
| 25th Percentile Wage | $65,840 |
| 50th Percentile Wage | $87,450 |
| 75th Percentile Wage | $113,040 |
| 90th Percentile Wage | $131,620 |
Table 1 shows the average annual salary for insurance underwriters in San Diego-Carlsbad-San Marcos, California in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $131,620. The median (50th percentile) annual salary is $87,450. The average annual salary for the bottom 10 percent earners is $58,870.
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 | $87,450 | -11.65% | 36.99% |
| 2021 | $97,640 | 24.72% | - |
| 2020 | $73,500 | 2.04% | - |
| 2019 | $72,000 | -4.39% | - |
| 2018 | $75,160 | -11.81% | - |
| 2017 | $84,040 | 8.86% | - |
| 2016 | $76,590 | 14.13% | - |
| 2015 | $65,770 | 9.90% | - |
| 2014 | $59,260 | 1.38% | - |
| 2013 | $58,440 | 5.72% | - |
| 2012 | $55,100 | - | - |
From Table 3 we note that the median annual salary of $87,450 in San Diego-Carlsbad-San Marcos is in the middle of salary range for insurance underwriters in state of California. In comparison, the annual salary of insurance underwriters in San Diego-Carlsbad-San Marcos is 25.7 percent (25.7%) lower than that in the highest paying San Jose-Sunnyvale-Santa Clara and 30.4 percent (30.4%) higher than that in the lowest paying Santa Cruz-Watsonville.