National Salary Info » Insurance Underwriters

Highest Paying Industries for Insurance Underwriters

The top 40 highest paying industries for insurance underwriters (ranked by average annual salary) are listed in Table 1. The entry level salary (as measured by the salary of the lowest 10% paid earners) and the number of employment in those industries are also shown. As shown in the table, with an average annual salary of $102,050, wholesale trade is the highest paying industry for insurance underwriters. It is followed by securities and commodity contracts intermediation and brokerage industry (average annual salary $80,780). The salary and employment information is computed from data published by U.S. Bureau of Labor Statistics in May 2015 [1]. For more information about salaries of insurance underwriters in a specific industry, use the links in the table.

Table 1. 40 Highest Paying Industries for Insurance Underwriters

Rank	Industry	Average Salary i	Entry Level Salary i	# of Empl. i
1	Wholesale Trade	$102,050	$44,060	n/a
2	Securities and Commodity Contracts Intermediation and Brokerage	$80,780	$48,470	570
3	Local government, including schools and hospitals	$74,300	$48,910	130
4	Local Government, excluding schools and hospitals (OES Designation)	$74,300	$48,910	130
5	Securities, Commodity Contracts, and Other Financial Investments and Related Activities	$73,780	$42,730	1,310
6	Office Administrative Services	$73,670	$36,520	180
7	Management, Scientific, and Technical Consulting Services	$70,200	$40,860	480
8	Other Nondepository Credit Intermediation	$70,170	$43,100	1,960
9	Business, Professional, Labor, Political, and Similar Organizations	$70,110	$43,850	40
10	Religious, Grantmaking, Civic, Professional, and Similar Organizations	$70,110	$43,850	40
11	Other Services (except Federal, State, and Local Government)	$70,110	$43,850	40
12	Other Financial Investment Activities	$68,310	$40,130	740
13	Professional, Scientific, and Technical Services	$68,020	$36,530	580
14	Nondepository Credit Intermediation	$67,960	$42,530	2,450
15	Credit Intermediation and Related Activities	$66,540	$41,620	4,020
16	Public sector -- Federal, state, and local government, including government owned schools and hospit	$65,830	$43,420	570
17	Federal, State, and Local Government (OES Designation)	$65,800	$43,400	570
18	Federal, State, and Local Government	$65,800	$43,400	570
19	Depository Credit Intermediation	$64,620	$40,770	1,140
20	Insurance Carriers	$64,530	$39,580	60,830
21	Finance and Insurance	$64,330	$39,180	85,800
22	Activities Related to Credit Intermediation	$64,310	$39,760	420
23	State government, including schools and hospitals	$64,290	$42,110	440
24	Direct Health and Medical Insurance Carriers	$64,290	$40,750	4,870
25	State Government, excluding schools and hospitals (OES Designation)	$64,280	$42,100	440
26	Other Insurance Related Activities	$64,160	$39,140	5,460
27	Insurance Carriers and Related Activities	$63,980	$38,970	80,270
28	Direct Insurance (except Life, Health, and Medical) Carriers	$63,700	$38,760	43,180
29	Insurance and Employee Benefit Funds	$63,600	$41,260	190
30	Temporary Help Services	$63,490	$35,380	180
31	Funds, Trusts, and Other Financial Vehicles	$62,780	$40,790	200
32	Agencies, Brokerages, and Other Insurance Related Activities	$62,280	$37,240	19,440
33	Management of Companies and Enterprises	$62,130	$40,540	3,770
34	Insurance Agencies and Brokerages	$61,680	$36,570	13,980
35	Health Care and Social Assistance	$60,030	$35,550	50
36	Administrative and Support Services	$59,870	$37,110	680
37	Administrative and Support and Waste Management and Remediation Services	$59,870	$37,110	680
38	Employment Services	$59,070	$41,010	410
39	Real Estate and Rental and Leasing	$50,340	$32,680	80
40	Real Estate	$37,050	$29,530	30