The annual salary statistics of insurance underwriters in San Francisco-Oakland-Fremont, California is shown in Table 1. The wage statistics of insurance underwriters in San Francisco-Oakland-Fremont 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 | $64,350 |
| 25th Percentile Wage | $78,170 |
| 50th Percentile Wage | $100,830 |
| 75th Percentile Wage | $132,400 |
| 90th Percentile Wage | $163,830 |
Table 1 shows the average annual salary for insurance underwriters in San Francisco-Oakland-Fremont, California in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $163,830. The median (50th percentile) annual salary is $100,830. The average annual salary for the bottom 10 percent earners is $64,350.
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 | $100,830 | 2.69% | 27.72% |
| 2021 | $98,120 | 8.97% | - |
| 2020 | $89,320 | 0.02% | - |
| 2019 | $89,300 | -0.69% | - |
| 2018 | $89,920 | 6.18% | - |
| 2017 | $84,360 | 7.04% | - |
| 2016 | $78,420 | 12.33% | - |
| 2015 | $68,750 | 3.24% | - |
| 2014 | $66,520 | -8.52% | - |
| 2013 | $72,190 | -0.96% | - |
| 2012 | $72,880 | - | - |
From Table 3 we note that the median annual salary of $100,830 in San Francisco-Oakland-Fremont is in the middle of salary range for insurance underwriters in state of California. In comparison, the annual salary of insurance underwriters in San Francisco-Oakland-Fremont is 14.3 percent (14.3%) lower than that in the highest paying San Jose-Sunnyvale-Santa Clara and 39.7 percent (39.7%) higher than that in the lowest paying Santa Cruz-Watsonville.