The annual salary statistics of insurance underwriters in Miami-Fort Lauderdale-Pompano Beach, Florida is shown in Table 1. The wage data of insurance underwriters in Miami-Fort Lauderdale-Pompano Beach 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 | $48,150 |
| 25th Percentile Wage | $53,160 |
| 50th Percentile Wage | $66,280 |
| 75th Percentile Wage | $93,610 |
| 90th Percentile Wage | $108,880 |
Table 1 shows the average annual salary for insurance underwriters in Miami-Fort Lauderdale-Pompano Beach, Florida in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $108,880. The median (50th percentile) annual salary is $66,280. The average annual salary for the bottom 10 percent earners is $48,150.
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 | $66,280 | 4.18% | 15.33% |
| 2021 | $63,510 | 9.27% | - |
| 2020 | $57,620 | 1.16% | - |
| 2019 | $56,950 | 0.19% | - |
| 2018 | $56,840 | -16.05% | - |
| 2017 | $65,960 | 6.25% | - |
| 2016 | $61,840 | 7.29% | - |
| 2015 | $57,330 | 3.14% | - |
| 2014 | $55,530 | -4.54% | - |
| 2013 | $58,050 | 3.32% | - |
| 2012 | $56,120 | - | - |
From Table 3 we note that the median annual salary of $66,280 in Miami-Fort Lauderdale-Pompano Beach is in the middle of salary range for insurance underwriters in state of Florida. In comparison, the annual salary of insurance underwriters in Miami-Fort Lauderdale-Pompano Beach is 31.0 percent (31.0%) lower than that in the highest paying Cape Coral-Fort Myers and 30.0 percent (30.0%) higher than that in the lowest paying Deltona-Daytona Beach-Ormond Beach.