The highest-paying states 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 of insurance underwriters in those states are also shown in the table. As shown in the table, with an annual salary of $103,980, District of Columbia is the highest paying state for insurance underwriters. It is followed by New York (average annual salary $98,530). The salary and employment information is computed from data published by U.S. Bureau of Labor Statistics (BLS) in April 2023 [1]. For more salary information of insurance underwriters in a specific state, use the links in the table.
Rank | State | Average Salary i | Entry Level Salary i |
# of Empl. i |
---|---|---|---|---|
1 | District of Columbia | $103,980 |
$66,400 | 170 |
2 | New York | $98,530 |
$57,930 | 7,910 |
3 | Massachusetts | $95,000 |
$59,430 | 2,310 |
4 | Delaware | $93,820 |
$54,860 | 110 |
5 | California | $92,490 |
$59,350 | 7,080 |
6 | New Jersey | $90,210 |
$62,260 | 3,100 |
7 | South Dakota | $86,210 |
$52,290 | 170 |
8 | Maine | $84,890 |
$50,760 | 550 |
9 | Colorado | $84,420 |
$60,390 | 1,700 |
10 | Connecticut | $82,910 |
$60,800 | 2,520 |
11 | New Hampshire | $81,590 |
$48,620 | 410 |
12 | Oregon | $80,500 |
$54,650 | 530 |
13 | Washington | $80,440 |
$52,510 | 1,620 |
14 | Maryland | $80,080 |
$55,310 | 1,670 |
15 | Pennsylvania | $79,040 |
$47,430 | 6,090 |
16 | Rhode Island | $79,000 |
$51,950 | 440 |
17 | Wisconsin | $78,090 |
$49,520 | 2,740 |
18 | Georgia | $77,800 |
$51,160 | 6,090 |
19 | Minnesota | $77,070 |
$49,080 | 2,080 |
20 | Ohio | $76,670 |
$50,460 | 4,770 |
21 | Alaska | $76,020 |
$63,480 | 50 |
22 | Indiana | $75,980 |
$46,480 | 1,550 |
23 | North Carolina | $74,350 |
$49,320 | 3,750 |
24 | Alabama | $74,150 |
$45,760 | 1,140 |
25 | North Dakota | $71,990 |
$47,230 | 210 |
26 | Tennessee | $67,190 |
$47,750 | 1,820 |
27 | Nebraska | $66,570 |
$48,340 | 1,130 |
28 | Illinois | $65,940 |
$39,420 | 7,590 |
29 | Michigan | $65,300 |
$49,920 | 2,330 |
30 | Arizona | $64,550 |
$38,590 | 2,490 |
31 | Nevada | $64,540 |
$48,330 | 570 |
32 | Kansas | $64,320 |
$43,390 | 1,580 |
33 | Iowa | $63,680 |
$48,090 | 2,230 |
34 | Oklahoma | $63,350 |
$39,650 | 840 |
35 | Texas | $63,340 |
$40,660 | 10,540 |
36 | Virginia | $62,990 |
$48,000 | 2,620 |
37 | Vermont | $62,920 |
$47,850 | 170 |
38 | Hawaii | $62,880 |
$48,680 | 210 |
39 | Florida | $62,330 |
$46,730 | 6,490 |
40 | New Mexico | $62,040 |
$50,790 | 90 |
41 | South Carolina | $61,270 |
$46,020 | 1,250 |
42 | Utah | $61,150 |
$41,870 | 520 |
43 | Arkansas | $61,080 |
$46,850 | 610 |
44 | Kentucky | $60,150 |
$50,550 | 490 |
45 | Missouri | $59,930 |
$38,290 | 1,430 |
46 | Louisiana | $57,670 |
$44,550 | 1,230 |
47 | Idaho | $53,190 |
$39,950 | 250 |
48 | Mississippi | $52,010 |
$38,480 | 390 |
49 | Montana | $50,920 |
$36,660 | 130 |
50 | West Virginia | $49,640 |
$29,840 | 160 |
51 | Wyoming | $49,150 |
$38,530 | 90 |
52 | Puerto Rico | $46,930 |
$27,610 | 1,090 |
53 | Guam | $30,780 |
$29,280 | 40 |