An official website of the United States government
Review individual applications for insurance to evaluate degree of risk involved and determine acceptance of applications.
Employment estimate and mean wage estimates for Insurance Underwriters:
Employment (1) | Employment RSE (3) |
Mean hourly wage |
Mean annual wage (2) |
Wage RSE (3) |
---|---|---|---|---|
107,690 | 2.8 % | $ 38.43 | $ 79,940 | 0.9 % |
Percentile wage estimates for Insurance Underwriters:
Percentile | 10% | 25% | 50% (Median) |
75% | 90% |
---|---|---|---|---|---|
Hourly Wage | $ 22.76 | $ 28.29 | $ 36.73 | $ 47.25 | $ 60.76 |
Annual Wage (2) | $ 47,330 | $ 58,840 | $ 76,390 | $ 98,270 | $ 126,380 |
Industries with the highest published employment and wages for Insurance Underwriters are provided. For a list of all industries with employment in Insurance Underwriters, see the Create Customized Tables function.
Industries with the highest levels of employment in Insurance Underwriters:
Industry | Employment (1) | Percent of industry employment | Hourly mean wage | Annual mean wage (2) |
---|---|---|---|---|
Insurance Carriers | 57,080 | 4.75 | $ 38.87 | $ 80,840 |
Agencies, Brokerages, and Other Insurance Related Activities | 38,870 | 3.19 | $ 37.75 | $ 78,530 |
Credit Intermediation and Related Activities (5221 and 5223 only) | 3,600 | 0.18 | $ 37.60 | $ 78,210 |
Nondepository Credit Intermediation | 2,760 | 0.44 | $ 41.70 | $ 86,730 |
Management of Companies and Enterprises | 2,310 | 0.09 | $ 35.71 | $ 74,270 |
Industries with the highest concentration of employment in Insurance Underwriters:
Industry | Employment (1) | Percent of industry employment | Hourly mean wage | Annual mean wage (2) |
---|---|---|---|---|
Insurance Carriers | 57,080 | 4.75 | $ 38.87 | $ 80,840 |
Agencies, Brokerages, and Other Insurance Related Activities | 38,870 | 3.19 | $ 37.75 | $ 78,530 |
Nondepository Credit Intermediation | 2,760 | 0.44 | $ 41.70 | $ 86,730 |
Credit Intermediation and Related Activities (5221 and 5223 only) | 3,600 | 0.18 | $ 37.60 | $ 78,210 |
Management of Companies and Enterprises | 2,310 | 0.09 | $ 35.71 | $ 74,270 |
Top paying industries for Insurance Underwriters:
Industry | Employment (1) | Percent of industry employment | Hourly mean wage | Annual mean wage (2) |
---|---|---|---|---|
Securities, Commodity Contracts, and Other Financial Investments and Related Activities | (8) | (8) | $ 51.84 | $ 107,820 |
Accounting, Tax Preparation, Bookkeeping, and Payroll Services | 50 | (7) | $ 46.62 | $ 96,970 |
Nondepository Credit Intermediation | 2,760 | 0.44 | $ 41.70 | $ 86,730 |
Local Government, excluding schools and hospitals (OEWS Designation) | 150 | (7) | $ 40.69 | $ 84,640 |
Insurance and Employee Benefit Funds | (8) | (8) | $ 39.76 | $ 82,690 |
States and areas with the highest published employment, location quotients, and wages for Insurance Underwriters are provided. For a list of all areas with employment in Insurance Underwriters, see the Create Customized Tables function.
States with the highest employment level in Insurance Underwriters:
State | Employment (1) | Employment per thousand jobs | Location quotient (9) | Hourly mean wage | Annual mean wage (2) |
---|---|---|---|---|---|
Texas | 13,240 | 1.08 | 1.42 | $ 33.30 | $ 69,260 |
New York | 7,850 | 0.91 | 1.18 | $ 51.27 | $ 106,650 |
California | 7,720 | 0.47 | 0.61 | $ 42.79 | $ 89,010 |
Georgia | 7,580 | 1.73 | 2.26 | $ 38.92 | $ 80,950 |
Pennsylvania | 6,330 | 1.13 | 1.48 | $ 39.90 | $ 83,000 |
States with the highest concentration of jobs and location quotients in Insurance Underwriters:
State | Employment (1) | Employment per thousand jobs | Location quotient (9) | Hourly mean wage | Annual mean wage (2) |
---|---|---|---|---|---|
Connecticut | 3,110 | 1.98 | 2.59 | $ 46.54 | $ 96,800 |
Georgia | 7,580 | 1.73 | 2.26 | $ 38.92 | $ 80,950 |
Iowa | 2,060 | 1.39 | 1.82 | $ 34.45 | $ 71,650 |
Rhode Island | 590 | 1.30 | 1.70 | $ 45.40 | $ 94,430 |
Kansas | 1,730 | 1.29 | 1.69 | $ 40.39 | $ 84,020 |
Top paying states for Insurance Underwriters:
State | Employment (1) | Employment per thousand jobs | Location quotient (9) | Hourly mean wage | Annual mean wage (2) |
---|---|---|---|---|---|
District of Columbia | 240 | 0.36 | 0.47 | $ 52.94 | $ 110,120 |
New York | 7,850 | 0.91 | 1.18 | $ 51.27 | $ 106,650 |
Delaware | 140 | 0.33 | 0.43 | $ 48.62 | $ 101,130 |
Massachusetts | 2,040 | 0.60 | 0.79 | $ 46.65 | $ 97,040 |
Connecticut | 3,110 | 1.98 | 2.59 | $ 46.54 | $ 96,800 |
Metropolitan areas with the highest employment level in Insurance Underwriters:
Metropolitan area | Employment (1) | Employment per thousand jobs | Location quotient (9) | Hourly mean wage | Annual mean wage (2) |
---|---|---|---|---|---|
New York-Newark-Jersey City, NY-NJ-PA | 7,490 | 0.86 | 1.13 | $ 52.40 | $ 108,990 |
Dallas-Fort Worth-Arlington, TX | 7,000 | 1.95 | 2.55 | $ 33.44 | $ 69,550 |
Atlanta-Sandy Springs-Roswell, GA | 6,320 | 2.44 | 3.20 | $ 39.97 | $ 83,140 |
Chicago-Naperville-Elgin, IL-IN-WI | 3,540 | 0.84 | 1.10 | $ 37.53 | $ 78,050 |
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD | 3,330 | 1.25 | 1.64 | $ 43.64 | $ 90,760 |
Los Angeles-Long Beach-Anaheim, CA | 3,030 | 0.53 | 0.69 | $ 41.35 | $ 86,000 |
Phoenix-Mesa-Scottsdale, AZ | 2,740 | 1.30 | 1.70 | $ 37.63 | $ 78,280 |
Washington-Arlington-Alexandria, DC-VA-MD-WV | 2,330 | 0.79 | 1.04 | $ 35.44 | $ 73,710 |
Hartford-West Hartford-East Hartford, CT | 2,210 | 4.06 | 5.31 | $ 45.41 | $ 94,460 |
Minneapolis-St. Paul-Bloomington, MN-WI | 1,890 | 1.04 | 1.36 | $ 38.88 | $ 80,860 |
Metropolitan areas with the highest concentration of jobs and location quotients in Insurance Underwriters:
Metropolitan area | Employment (1) | Employment per thousand jobs | Location quotient (9) | Hourly mean wage | Annual mean wage (2) |
---|---|---|---|---|---|
Hartford-West Hartford-East Hartford, CT | 2,210 | 4.06 | 5.31 | $ 45.41 | $ 94,460 |
Des Moines-West Des Moines, IA | 1,120 | 3.15 | 4.12 | $ 35.87 | $ 74,600 |
Macon, GA | 290 | 3.10 | 4.05 | $ 28.16 | $ 58,570 |
Lansing-East Lansing, MI | 530 | 2.69 | 3.52 | $ 31.25 | $ 65,000 |
Atlanta-Sandy Springs-Roswell, GA | 6,320 | 2.44 | 3.20 | $ 39.97 | $ 83,140 |
Utica-Rome, NY | 280 | 2.44 | 3.19 | $ 39.83 | $ 82,840 |
Chattanooga, TN-GA | 570 | 2.31 | 3.02 | $ 33.71 | $ 70,110 |
Portland-South Portland, ME | 400 | 2.02 | 2.64 | $ 39.35 | $ 81,860 |
Dallas-Fort Worth-Arlington, TX | 7,000 | 1.95 | 2.55 | $ 33.44 | $ 69,550 |
Omaha-Council Bluffs, NE-IA | 760 | 1.64 | 2.15 | $ 35.07 | $ 72,940 |
Top paying metropolitan areas for Insurance Underwriters:
Metropolitan area | Employment (1) | Employment per thousand jobs | Location quotient (9) | Hourly mean wage | Annual mean wage (2) |
---|---|---|---|---|---|
Bridgeport-Stamford-Norwalk, CT | 380 | 1.00 | 1.31 | $ 58.17 | $ 121,000 |
New York-Newark-Jersey City, NY-NJ-PA | 7,490 | 0.86 | 1.13 | $ 52.40 | $ 108,990 |
San Francisco-Oakland-Hayward, CA | 1,030 | 0.46 | 0.60 | $ 49.59 | $ 103,150 |
Seattle-Tacoma-Bellevue, WA | 920 | 0.48 | 0.63 | $ 47.84 | $ 99,520 |
Boston-Cambridge-Nashua, MA-NH | 1,570 | 0.61 | 0.79 | $ 46.41 | $ 96,530 |
Hartford-West Hartford-East Hartford, CT | 2,210 | 4.06 | 5.31 | $ 45.41 | $ 94,460 |
Worcester, MA-CT | 260 | 0.97 | 1.26 | $ 45.36 | $ 94,340 |
Springfield, MA-CT | 210 | 0.69 | 0.90 | $ 44.96 | $ 93,520 |
San Jose-Sunnyvale-Santa Clara, CA | 150 | 0.14 | 0.19 | $ 44.65 | $ 92,860 |
Las Vegas-Henderson-Paradise, NV | 410 | 0.44 | 0.58 | $ 44.63 | $ 92,830 |
Nonmetropolitan areas with the highest employment in Insurance Underwriters:
Nonmetropolitan area | Employment (1) | Employment per thousand jobs | Location quotient (9) | Hourly mean wage | Annual mean wage (2) |
---|---|---|---|---|---|
Northeastern Wisconsin nonmetropolitan area | 220 | 1.16 | 1.51 | $ 36.36 | $ 75,620 |
Central East New York nonmetropolitan area | 130 | 0.86 | 1.12 | $ 32.10 | $ 66,760 |
Kansas nonmetropolitan area | 120 | 0.33 | 0.43 | $ 26.35 | $ 54,800 |
Northern Vermont nonmetropolitan area | 120 | 1.90 | 2.48 | $ 36.27 | $ 75,430 |
Southeast Minnesota nonmetropolitan area | 110 | 0.76 | 1.00 | (8) | (8) |
Nonmetropolitan areas with the highest concentration of jobs and location quotients in Insurance Underwriters:
Nonmetropolitan area | Employment (1) | Employment per thousand jobs | Location quotient (9) | Hourly mean wage | Annual mean wage (2) |
---|---|---|---|---|---|
Northern Vermont nonmetropolitan area | 120 | 1.90 | 2.48 | $ 36.27 | $ 75,430 |
Northeastern Wisconsin nonmetropolitan area | 220 | 1.16 | 1.51 | $ 36.36 | $ 75,620 |
Central East New York nonmetropolitan area | 130 | 0.86 | 1.12 | $ 32.10 | $ 66,760 |
Central New Hampshire nonmetropolitan area | 80 | 0.85 | 1.12 | $ 35.60 | $ 74,050 |
Southeast Minnesota nonmetropolitan area | 110 | 0.76 | 1.00 | (8) | (8) |
Top paying nonmetropolitan areas for Insurance Underwriters:
Nonmetropolitan area | Employment (1) | Employment per thousand jobs | Location quotient (9) | Hourly mean wage | Annual mean wage (2) |
---|---|---|---|---|---|
South Central Wisconsin nonmetropolitan area | 40 | 0.21 | 0.27 | $ 60.77 | $ 126,410 |
West Central-Southwest New Hampshire nonmetropolitan area | 70 | 0.73 | 0.95 | $ 48.43 | $ 100,730 |
Northeast Iowa nonmetropolitan area | (8) | (8) | (8) | $ 46.24 | $ 96,180 |
West Northwestern Ohio nonmetropolitan area | 50 | 0.21 | 0.28 | $ 37.57 | $ 78,150 |
Northeastern Wisconsin nonmetropolitan area | 220 | 1.16 | 1.51 | $ 36.36 | $ 75,620 |
These estimates are calculated with data collected from employers in all industry sectors, all metropolitan and nonmetropolitan areas, and all states and the District of Columbia. The top employment and wage figures are provided above. The complete list is available in the downloadable XLS files.
The percentile wage estimate is the value of a wage below which a certain percent of workers fall. The median wage is the 50th percentile wage estimate—50 percent of workers earn less than the median and 50 percent of workers earn more than the median. More about percentile wages.
(1) Estimates for detailed occupations do not sum to the totals because the totals include occupations not shown separately. Estimates do not include self-employed workers.
(2) Annual wages have been calculated by multiplying the hourly mean wage by a "year-round, full-time" hours figure of 2,080 hours; for those occupations where there is not an hourly wage published, the annual wage has been directly calculated from the reported survey data.
(3) The relative standard error (RSE) is a measure of the reliability of a survey statistic. The smaller the relative standard error, the more precise the estimate.
(7) The value is less than .005 percent of industry employment.
(8) Estimate not released.
(9) The location quotient is the ratio of the area concentration of occupational employment to the national average concentration. A location quotient greater than one indicates the occupation has a higher share of employment than average, and a location quotient less than one indicates the occupation is less prevalent in the area than average.
Other OEWS estimates and related information:
May 2021 National Occupational Employment and Wage Estimates
May 2021 State Occupational Employment and Wage Estimates
May 2021 Metropolitan and Nonmetropolitan Area Occupational Employment and Wage Estimates
May 2021 National Industry-Specific Occupational Employment and Wage Estimates
Last Modified Date: March 31, 2022