Insurance Underwriter Job Description
Insurance Underwriters Review individual applications for insurance to evaluate degree of risk involved and determine acceptance of applications.
Insurance Underwriter Salary Statistics as of 2015
Average annual salary for a Insurance Underwriter is $49167 based on statistics in the U.S. as of 2015. The highest salary recorded was $76425. The lowest salary reported was $33394. These figures will vary on a state to state basis as these are averages across all 50 states.
Median hourly wage for a Insurance Underwriter is $24.45 based on statistics in the U.S. as of 2015. The highest hourly rate recorded was $38. The lowest hourly rate recorded was $16.61. These figures will vary on a state to state basis as these are averages across all 50 states.
Bonuses for a Insurance Underwriter are based on the years of experience using statistics from the U.S. as of 2015. The average bonus recorded was $1750 from people with 15+ years of experience. The average bonus recorded was $976 from people with under 1 year of experience.
These are the highest paying states for a Insurance Underwriter. These numbers are based of the median annual salary as of 2015.
California – $39,596 – $82,434
Florida – $29,056 – $62,848
Massachusetts – $44,043 – $80,065
Michigan – $31,562 – $59,807
New York – $39,149 – $84,767
Pennsylvania – $35,895 – $76,085
Texas – $32,262 – $69,631
These are the highest paying cities for a Insurance Underwriter. These numbers are based of the median annual salary as of 2015.
New York, New York –
Los Angeles, California –
Dallas, Texas –
Philadelphia, Pennsylvania –
Phoenix, Arizona –
Minneapolis, Minnesota –
Hartford, Connecticut –
This chart outlines the average annual salary of a Insurance Underwriter from the past 5 years. In 2015 the average annual salary was $49167 while in 2007 it was just $45596.61
