The annual salary statistics of insurance underwriters in Hartford-West Hartford-East Hartford, Connecticut is shown in Table 1. The wage information of insurance underwriters in Hartford-West Hartford-East Hartford 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 | $60,800 |
| 25th Percentile Wage | $64,770 |
| 50th Percentile Wage | $82,910 |
| 75th Percentile Wage | $104,410 |
| 90th Percentile Wage | $136,650 |
Table 1 shows the average annual salary for insurance underwriters in Hartford-West Hartford-East Hartford, Connecticut in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $136,650. The median (50th percentile) annual salary is $82,910. The average annual salary for the bottom 10 percent earners is $60,800.
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 | $82,910 | 2.03% | 9.48% |
| 2021 | $81,230 | 1.51% | - |
| 2020 | $80,000 | 7.55% | - |
| 2019 | $73,960 | 5.04% | - |
| 2018 | $70,230 | -0.04% | - |
| 2017 | $70,260 | -2.13% | - |
| 2016 | $71,760 | -1.74% | - |
| 2015 | $73,010 | -5.48% | - |
| 2014 | $77,010 | 2.58% | - |
| 2013 | $75,020 | -0.04% | - |
| 2012 | $75,050 | - | - |
From Table 3 we note that with a median annual salary of $82,910, Hartford-West Hartford-East Hartford is the second highest paying city for insurance underwriters in state of Connecticut, following the highest paying city Bridgeport-Stamford-Norwalk (median annual salary of $101,510). Compared with Bridgeport-Stamford-Norwalk, the median annual salary of insurance underwriters in Hartford-West Hartford-East Hartford is 18.3 percent (18.3%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Bridgeport-Stamford-Norwalk | |
| Hartford-West Hartford-East Hartford | |
| New Haven |