The annual salary statistics of insurance underwriters in Miami-Miami Beach-Kendall, Florida is shown in Table 1. The wage statistics of insurance underwriters in Miami-Miami Beach-Kendall 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 | $44,320 |
| 25th Percentile Wage | $68,280 |
| 50th Percentile Wage | $87,580 |
| 75th Percentile Wage | $101,210 |
| 90th Percentile Wage | $115,900 |
Table 1 shows the average annual salary for insurance underwriters in Miami-Miami Beach-Kendall, Florida in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $115,900. The median (50th percentile) annual salary is $87,580. The average annual salary for the bottom 10 percent earners is $44,320.
The table and chart below show the trend of the median salary of insurance underwriters from 2012 to 2017.
| Year | Median Salary | Yearly Growth | 5-Year Growth |
|---|---|---|---|
| 2017 | $87,580 | 11.70% | 37.86% |
| 2016 | $77,330 | 23.92% | - |
| 2015 | $58,830 | 6.92% | - |
| 2014 | $54,760 | -5.41% | - |
| 2013 | $57,720 | 5.72% | - |
| 2012 | $54,420 | - | - |
From Table 3 we note that with a median annual salary of $87,580, Miami-Miami Beach-Kendall is the second highest paying city for insurance underwriters in state of Florida, following the highest paying city Cape Coral-Fort Myers (median annual salary of $96,040). Compared with Cape Coral-Fort Myers, the median annual salary of insurance underwriters in Miami-Miami Beach-Kendall is 8.8 percent (8.8%) lower.