The salary statistics of insurance underwriters in the industry sector of federal, state, and local government are shown in Table 1. In Table 2 we compare insurance underwriter salaries in different industries within the federal, state, and local government sector.
Percentile Bracket | Average Annual Salary |
---|---|
10th Percentile Wage | $48,600 |
25th Percentile Wage | $57,650 |
50th Percentile Wage | $67,240 |
75th Percentile Wage | $78,550 |
90th Percentile Wage | $92,650 |
Table 1 shows the average annual salary for insurance underwriters in the industry sector of federal, state, and local government. 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 $92,650. The median annual salary (50th percentile) is $67,240. The average annual salary for the bottom 10 percent paid insurance underwriters is $48,600.
The table and chart below show the trend of the median salary of insurance underwriters in the industry sector of federal, state, and local government from 2012 to 2018.
Year | Median Salary | Yearly Growth | 6-Year Growth |
---|---|---|---|
2018 | $67,240 | 1.01% | 8.86% |
2017 | $66,560 | 1.52% | - |
2016 | $65,550 | 0.79% | - |
2015 | $65,030 | -1.18% | - |
2014 | $65,800 | 5.00% | - |
2013 | $62,510 | 1.97% | - |
2012 | $61,280 | - | - |
Data source: The national compensation survey conducted by the U.S. Bureau of Labor Statistics (BLS) in 2018 and published in April 2019 [1].