The average pay for an Entry-Level Insurance Underwriter is $48,933 per year. A skill in Financial Analysis is associated with high pay for this job.

$35,806 - $65,071
$36K
$49K
$65K
MEDIAN: $48,933
10%
50%
90%

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$11.60 - $23.67
$12
$17
$24
MEDIAN: $17.08
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$23K$46K$69K
Salary
$35,806 - $65,071  
   
Bonus
$479.44 - $8,940  
Profit Sharing
$0.00 - $6,188  
Commission
$7,000  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$33,037 - $67,555  
Country: United States | Currency: USD | Updated: 19 Jan 2017 | Individuals Reporting: 350
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$12$24$36
Hourly Rate
$11.60 - $23.67  
   
Overtime
$1.29 - $35.62  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$24K$48K$72K
Bonus
$479.44 - $8,940  
   
Commission
$7,000  
Profit Sharing
$0.00 - $6,188  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$33,037 - $67,555  
Country: United States | Currency: USD | Updated: 19 Jan 2017 | Individuals Reporting: 67

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Insurance Underwriter Advice

Q: What do you wish you knew about your job when you first started out?

Insurance Underwriter in Hunt Valley:
"You never know unless you ask."
Ask questions. Ask the "why" behind processes. Get to know as much as you can so you can feel confident and excited about your job. Make an effort every day. Smile.

Key Stats for Insurance Underwriter

Gender

Female
48 %
Male
52 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 58 votes.
071
Less than 1 year
14%
1-4 years
71%
5-9 years
14%
Location:
Years in Fields/Career:
United States (change)

Skills That Affect Insurance Underwriter Salaries

Financial Analysis
up arrow 11%

Commercial
up arrow 7%

Risk Management / Risk Control
up arrow 3%

Insurance
0%

National Average
$48,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 58 votes.

Gender

Female
48 %
Male
52 %

Common Health Benefits

medical benefits
Medical: 83%
dental benefits
Dental: 70%
vision benefits
Vision: 62%
dental benefits
None: 15%
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