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Insurance Underwriter Salary in the Industry of Insurance Carriers and Related Activities

The salary statistics and trend of insurance underwriters in the industry of insurance carriers and related activities are shown in the following tables and chart. In Table 3 we compare insurance underwriter salaries in different industries within the finance and insurance sector.

Table 1. Average Annual Salary

Percentile BracketAverage Annual Salary
10th Percentile Wage
$41,830
25th Percentile Wage
$52,870
50th Percentile Wage
$69,680
75th Percentile Wage
$94,660
90th Percentile Wage
$124,710

Table 1 shows the average annual salaries for insurance underwriters in the industry of insurance carriers and related activities. The salaries are shown in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) insurance underwriters is $124,710. The median annual salary (50th percentile) is $69,680. The average annual salary for the bottom 10 percent insurance underwriters is $41,830.

Salary Trend (2012 to 2017)

The table and chart below show the trend of the median salary of insurance underwriters in the industry of Insurance Carriers and Related Activities from 2012 to 2017.

YearMedian SalaryYearly Growth5-Year Growth
2017
$69,680
3.50% 9.80%
2016
$67,240
3.78% -
2015
$64,700
1.11% -
2014
$63,980
-0.06% -
2013
$64,020
1.83% -
2012
$62,850
- -

Table 3. Compare Insurance Underwriter Salary in Different Industries within the Finance and Insurance Sector