Insurance Underwriter
Insurance Underwriters
SOC 13-2053
How Much Does an Insurance Underwriter Make?
The national median salary for an Insurance Underwriter is $80,640 per year ($38.77/hour), according to the Bureau of Labor Statistics (May 2024 data).
That's 23% above the national median salary of $65,470 for all occupations.
How to Become an Insurance Underwriter
Bachelor's in business, finance, or related field
CPCU, AU certifications valued
Insurance Underwriter Job Outlook
Decline — the BLS projects -4% growth from 2024 to 2034.
This occupation is projected to see fewer positions. However, retirements and turnover still create openings each year.
About 9,000 positions are expected to open annually, from both new roles and replacement needs.
DECLINING due to AI automation of risk assessment. Cautionary example.
What It's Like to Work as an Insurance Underwriter
This is primarily desk-based or low-physical-effort work.
Many positions can be performed remotely, making this a strong option for location-independent work.
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Career data sourced from the U.S. Bureau of Labor Statistics Occupational Outlook Handbook, 2024-34 projections (released August 2025). Salary data: BLS OEWS May 2024.
View on BLS.gov