The annual salary statistics of insurance underwriters in New Orleans-Metairie-Kenner, Louisiana is shown in Table 1. The wage data of insurance underwriters in New Orleans-Metairie-Kenner is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $47,910 |
| 25th Percentile Wage | $49,360 |
| 50th Percentile Wage | $59,300 |
| 75th Percentile Wage | $79,310 |
| 90th Percentile Wage | $102,620 |
Table 1 shows the average annual salary for insurance underwriters in New Orleans-Metairie-Kenner, Louisiana in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $102,620. The median (50th percentile) annual salary is $59,300. The average annual salary for the bottom 10 percent earners is $47,910.
The table and chart below show the trend of the median salary of insurance underwriters from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $59,300 | -4.59% | 14.79% |
| 2021 | $62,020 | 4.31% | - |
| 2020 | $59,350 | -30.16% | - |
| 2019 | $77,250 | -1.57% | - |
| 2018 | $78,460 | 7.07% | - |
| 2017 | $72,910 | 16.17% | - |
| 2016 | $61,120 | 2.78% | - |
| 2015 | $59,420 | 4.39% | - |
| 2014 | $56,810 | -3.91% | - |
| 2013 | $59,030 | 14.40% | - |
| 2012 | $50,530 | - | - |
From Table 3 we note that with a median annual salary of $59,300, New Orleans-Metairie-Kenner is the second highest paying city for insurance underwriters in state of Louisiana, following the highest paying city Shreveport-Bossier City (median annual salary of $63,880). Compared with Shreveport-Bossier City, the median annual salary of insurance underwriters in New Orleans-Metairie-Kenner is 7.2 percent (7.2%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Shreveport-Bossier City | |
| New Orleans-Metairie-Kenner | |
| Baton Rouge | |
| Winnsboro nonmetropolitan area | |
| Lafayette |