The salary statistics and trend of insurance underwriters in the industry of direct insurance (except life, health, and medical) carriers 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.
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $42,370 |
| 25th Percentile Wage | $52,850 |
| 50th Percentile Wage | $69,530 |
| 75th Percentile Wage | $94,160 |
| 90th Percentile Wage | $122,890 |
Table 1 shows the average annual salaries for insurance underwriters in the industry of direct insurance (except life, health, and medical) carriers. 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 $122,890. The median annual salary (50th percentile) is $69,530. The average annual salary for the bottom 10 percent insurance underwriters is $42,370.
The table and chart below show the trend of the median salary of insurance underwriters in the industry of Direct Insurance (except Life, Health, and Medical) Carriers from 2012 to 2017.
| Year | Median Salary | Yearly Growth | 5-Year Growth |
|---|---|---|---|
| 2017 | $69,530 | 3.65% | 9.22% |
| 2016 | $66,990 | 4.66% | - |
| 2015 | $63,870 | 0.27% | - |
| 2014 | $63,700 | -0.05% | - |
| 2013 | $63,730 | 0.96% | - |
| 2012 | $63,120 | - | - |
The average salaries of insurance underwriters in 18 industries within the finance and insurance sector are shown in Table 3. For salary information of insurance underwriters in a specific industry, use the links in the table.
Back to: Salary of insurance underwriters in the industry sector of finance and insurance.