The salary statistics of insurance underwriters in the industry sector of professional, scientific, and technical services are shown in Table 1. In Table 2 we compare insurance underwriter salaries in different industries within the professional, scientific, and technical services sector.
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $37,970 |
| 25th Percentile Wage | $46,800 |
| 50th Percentile Wage | $70,750 |
| 75th Percentile Wage | $98,290 |
| 90th Percentile Wage | $132,310 |
Table 1 shows the average annual salary for insurance underwriters in the industry sector of professional, scientific, and technical services. 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 $132,310. The median annual salary (50th percentile) is $70,750. The average annual salary for the bottom 10 percent paid insurance underwriters is $37,970.
The table and chart below show the trend of the median salary of insurance underwriters in the industry sector of professional, scientific, and technical services from 2012 to 2018.
| Year | Median Salary | Yearly Growth | 6-Year Growth |
|---|---|---|---|
| 2018 | $70,750 | 4.73% | 18.63% |
| 2017 | $67,400 | -6.90% | - |
| 2016 | $72,050 | 13.96% | - |
| 2015 | $61,990 | -9.73% | - |
| 2014 | $68,020 | 12.54% | - |
| 2013 | $59,490 | 3.23% | - |
| 2012 | $57,570 | - | - |
Data source: The national compensation survey conducted by the U.S. Bureau of Labor Statistics (BLS) in 2018 and published in April 2019 [1].