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Occupational Employment Statistics
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Occupational Employment and Wages, May 2018

13-2053 Insurance Underwriters

Review individual applications for insurance to evaluate degree of risk involved and determine acceptance of applications.


National estimates for this occupation
Industry profile for this occupation
Geographic profile for this occupation

National estimates for this occupation: Top

Employment estimate and mean wage estimates for this occupation:

Employment (1) Employment
RSE (3)
Mean hourly
wage
Mean annual
wage (2)
Wage RSE (3)
96,040 2.6 % $36.96 $76,880 0.7 %

Percentile wage estimates for this occupation:

Percentile 10% 25% 50%
(Median)
75% 90%
Hourly Wage $20.32 $25.57 $33.36 $44.98 $59.06
Annual Wage (2) $42,260 $53,200 $69,380 $93,550 $122,840


Industry profile for this occupation: Top

Industries with the highest published employment and wages for this occupation are provided. For a list of all industries with employment in this occupation, see the Create Customized Tables function.

Industries with the highest levels of employment in this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Insurance Carriers 53,340 4.56 $37.15 $77,270
Agencies, Brokerages, and Other Insurance Related Activities 31,200 2.69 $36.96 $76,870
Management of Companies and Enterprises 3,780 0.16 $34.25 $71,240
Nondepository Credit Intermediation 2,740 0.44 $38.59 $80,270
Credit Intermediation and Related Activities (5221 And 5223 only) 1,930 0.10 $35.43 $73,690

Industries with the highest concentration of employment in this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Insurance Carriers 53,340 4.56 $37.15 $77,270
Agencies, Brokerages, and Other Insurance Related Activities 31,200 2.69 $36.96 $76,870
Nondepository Credit Intermediation 2,740 0.44 $38.59 $80,270
Management of Companies and Enterprises 3,780 0.16 $34.25 $71,240
Credit Intermediation and Related Activities (5221 And 5223 only) 1,930 0.10 $35.43 $73,690

Top paying industries for this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Management, Scientific, and Technical Consulting Services 100 0.01 $47.20 $98,170
Computer Systems Design and Related Services (8) (8) $45.17 $93,960
Securities, Commodity Contracts, and Other Financial Investments and Related Activities (8) (8) $43.70 $90,890
Legal Services 40 (7) $40.05 $83,310
Nondepository Credit Intermediation 2,740 0.44 $38.59 $80,270


Geographic profile for this occupation: Top

States and areas with the highest published employment, location quotients, and wages for this occupation are provided. For a list of all areas with employment in this occupation, see the Create Customized Tables function.





States with the highest employment level in this occupation:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
California 9,130 0.54 0.81 $42.37 $88,140
New York 8,430 0.90 1.35 $44.62 $92,810
Texas 7,560 0.62 0.94 $32.88 $68,390
Georgia 6,020 1.37 2.07 $39.08 $81,290
Illinois 5,780 0.97 1.45 $36.39 $75,690




States with the highest concentration of jobs and location quotients in this occupation:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Connecticut 2,940 1.77 2.67 $40.87 $85,010
Nebraska 1,530 1.57 2.36 $32.75 $68,120
Georgia 6,020 1.37 2.07 $39.08 $81,290
Iowa 1,850 1.20 1.81 $34.46 $71,680
Rhode Island 510 1.05 1.58 $34.26 $71,260




Top paying States for this occupation:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
New York 8,430 0.90 1.35 $44.62 $92,810
New Jersey 3,190 0.79 1.19 $42.55 $88,510
California 9,130 0.54 0.81 $42.37 $88,140
District of Columbia 60 0.08 0.12 $41.83 $87,010
Connecticut 2,940 1.77 2.67 $40.87 $85,010





Metropolitan areas with the highest employment level in this occupation:

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 8,250 0.87 1.31 $45.93 $95,540
Atlanta-Sandy Springs-Roswell, GA 5,270 1.97 2.96 $39.94 $83,070
Chicago-Naperville-Elgin, IL-IN-WI 4,400 0.95 1.43 $37.46 $77,920
Los Angeles-Long Beach-Anaheim, CA 4,280 0.70 1.05 $42.87 $89,170
Dallas-Fort Worth-Arlington, TX 3,720 1.04 1.57 $33.96 $70,630
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 3,170 1.11 1.68 $39.76 $82,710
Boston-Cambridge-Nashua, MA-NH 1,870 0.68 1.02 $39.99 $83,180
Hartford-West Hartford-East Hartford, CT 1,780 3.04 4.59 $39.16 $81,460
Kansas City, MO-KS 1,690 1.59 2.40 $35.04 $72,890
Phoenix-Mesa-Scottsdale, AZ 1,490 0.72 1.09 $35.61 $74,080




Metropolitan areas with the highest concentration of jobs and location quotients in this occupation:

Metropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Columbia, MO 340 3.57 5.38 $28.74 $59,770
Lansing-East Lansing, MI 720 3.35 5.05 $31.56 $65,650
Hartford-West Hartford-East Hartford, CT 1,780 3.04 4.59 $39.16 $81,460
Des Moines-West Des Moines, IA 1,110 3.00 4.51 $36.68 $76,300
Utica-Rome, NY 340 2.74 4.13 $40.19 $83,590
Lincoln, NE 430 2.40 3.61 $30.44 $63,310
Omaha-Council Bluffs, NE-IA 1,030 2.11 3.17 $33.65 $69,990
Atlanta-Sandy Springs-Roswell, GA 5,270 1.97 2.96 $39.94 $83,070
Cedar Rapids, IA 270 1.93 2.90 $29.70 $61,770
Portland-South Portland, ME 360 1.73 2.60 $33.66 $70,010




Top paying metropolitan areas for this occupation:

Metropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Bridgeport-Stamford-Norwalk, CT 400 0.97 1.45 $54.92 $114,240
San Francisco-Oakland-Hayward, CA 1,280 0.53 0.80 $47.59 $98,980
New York-Newark-Jersey City, NY-NJ-PA 8,250 0.87 1.31 $45.93 $95,540
San Jose-Sunnyvale-Santa Clara, CA 100 0.09 0.13 $45.61 $94,880
Billings, MT (8) (8) (8) $44.91 $93,420
Buffalo-Cheektowaga-Niagara Falls, NY 620 1.12 1.68 $44.76 $93,100
Oxnard-Thousand Oaks-Ventura, CA 230 0.73 1.10 $43.18 $89,810
Los Angeles-Long Beach-Anaheim, CA 4,280 0.70 1.05 $42.87 $89,170
New Orleans-Metairie, LA 410 0.74 1.12 $41.21 $85,730
Napa, CA 40 0.50 0.75 $40.73 $84,720

Nonmetropolitan areas with the highest employment in this occupation:

Nonmetropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Central East New York nonmetropolitan area 240 1.49 2.24 $35.35 $73,540
Northeastern Wisconsin nonmetropolitan area 210 1.04 1.57 $30.71 $63,870
Northern Vermont nonmetropolitan area 150 2.07 3.11 $33.68 $70,060
Hill Country Region of Texas nonmetropolitan area 130 0.69 1.04 $36.78 $76,500
Southwest Minnesota nonmetropolitan area 80 0.63 0.95 $30.30 $63,020

Nonmetropolitan areas with the highest concentration of jobs and location quotients in this occupation:

Nonmetropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Northern Vermont nonmetropolitan area 150 2.07 3.11 $33.68 $70,060
Central East New York nonmetropolitan area 240 1.49 2.24 $35.35 $73,540
Northeastern Wisconsin nonmetropolitan area 210 1.04 1.57 $30.71 $63,870
Hill Country Region of Texas nonmetropolitan area 130 0.69 1.04 $36.78 $76,500
Southwest Minnesota nonmetropolitan area 80 0.63 0.95 $30.30 $63,020

Top paying nonmetropolitan areas for this occupation:

Nonmetropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
East South Dakota nonmetropolitan area 50 0.40 0.60 $37.46 $77,910
Hill Country Region of Texas nonmetropolitan area 130 0.69 1.04 $36.78 $76,500
Central East New York nonmetropolitan area 240 1.49 2.24 $35.35 $73,540
Central New Hampshire nonmetropolitan area 50 0.49 0.73 $34.11 $70,960
Northern Vermont nonmetropolitan area 150 2.07 3.11 $33.68 $70,060


About May 2018 National, State, Metropolitan, and Nonmetropolitan Area Occupational Employment and Wage Estimates

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 OES estimates and related information:

May 2018 National Occupational Employment and Wage Estimates

May 2018 State Occupational Employment and Wage Estimates

May 2018 Metropolitan and Nonmetropolitan Area Occupational Employment and Wage Estimates

May 2018 National Industry-Specific Occupational Employment and Wage Estimates

May 2018 Occupation Profiles

Technical Notes

 

Last Modified Date: March 29, 2019