Information About Insurance Underwriters

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Training

Insurance underwriters need bachelor's degree.

Degrees for Insurance underwriters
Training for Insurance Underwriters
Percent
Less than High School 0.6
High School 18.3
Some College 22.4
Associates Degree 8.6
Bachelors Degree 42.5
Masters Degree 6.1
Doctorate or Professional Degree 1.4

Employment

Represents about 102,000 people in the United States- 0.0% of which are self-employed

Employment prospects are down Over the next 5 years there will be aproximately 4,000 less insurance underwriters but, because of expected growth and replacement needs in the United States, we will need 30,000 more.


Hourly Income

On average, insurance underwriters make $32.46 per hour.

Hourly Income Distribution in U.S. Dollars ($)
Bottom 10% Bottom 25% Median Top 75% Top 90%
Insurance underwriters $18.10 $22.50 $29.20 $39.80 $51.60
Business and financial operations occupations $16.70 $21.90 $29.60 $40.10 $52.90
National Average $8.65 $10.70 $16.50 $26.60 $41.00

Annual Salaries

On average, insurance underwriters make $67,520 per year.

Annual Salary Distribution in U.S. Dollars ($)
Bottom 10% Bottom 25% Median Top 75% Top 90%
Insurance underwriters $37,720 $46,980 $60,830 $82,840 $107,460
Business and financial operations occupations $34,770 $45,750 $61,700 $83,450 $110,040
National Average $18,000 $22,380 $34,460 $55,470 $85,280

This data is from the U.S. Bureau of Labor Statistics, Occupational Employment Statistics

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