Insurance Underwriter salary in the United States

Average salary
Based on 2,930 income tax records
Average salary by age
How much do Insurance Underwriters make?
The average total salary for a Insurance Underwriter is $68,000 per year. This is based on data from 2,930 TurboTax users who reported their occupation as Insurance Underwriter and includes taxable wages, tips, bonuses, and more. Insurance Underwriter salary can vary between $33,000 to $185,000 depending on factors including education, skills, experience, employer & location. Read more
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DATA PROVIDED BY turbotax icon

Based on income reported to the IRS in box 1 of W-2.

From consenting TurboTax customers

Insurance Underwriter salary by location

Insurance Underwriter salary by company

Average salary per year*
Salary range**
Chubb, Cook County, IL
14 income tax records
$49K – $151K
Erie Indemnity Company, Erie County, PA
10 income tax records
$43K – $86K
State Farm, Collin County, TX
11 income tax records
$35K – $87K
Nationwide Mutual Insurance Co, Polk County, IA
11 income tax records
$36K – $73K

Insurance Underwriter demographics in United States

single icon
49% are single
married icon
51% are married
have kids icon
38% have kids
own a home icon
60% own a home

Effective Tax Rates for Insurance Underwriters in United States

2,930 full-time salaries from 2019
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Earn what you deserve.
Other insurance underwriters track salary trends in Mint, you should too.
The average salary for a insurance underwriter in the United States is $68,000 per year. Insurance underwriter salaries in the United States can vary between $33,000 to $185,000 and depend on various factors, including skills, experience, employer, bonuses, tips, and more.

This data is exclusive to Mint Salary and is based on 2,930 tax returns from TurboTax customers who reported their occupation as insurance underwriter.

The following companies offer the highest salaries for insurance underwriters in the United States: Chubb ($75,000 a year), Erie Indemnity Company ($64,500 a year), and State Farm ($62,000 a year).

The following cities offer the highest salaries for insurance underwriters in the United States: San Francisco Metro Area, CA ($110,000 a year), New York Metro Area, NY ($103,000 a year), and Baltimore Metro Area, MD ($93,500 a year).
Total salary amounts here include total taxable wages, tips, prizes and other compensation. Salaries here are not representative of the total population and may reflect different levels of experience or education. Learn more
Total salary ranges shown here exclude outliers.