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The average salary for an Insurance Underwriter in U.S. is $85,610.

Annual Average Salary Information

Annual Average Salary: $85,610

$48,480$132,010

Hourly Pay Information

Hourly Average Salary: $41.16

$23.31$63.47

What does an Insurance Underwriter earn?

On average, insurance underwriters in the U.S. earn around $85,610 per year. They help insurance companies assess the risks of offering coverage to applicants, by looking at the applicant’s personal information, medical history, and other factors. They may also design a financial plan that works within a customer’s budget and outlines the advantages of purchasing certain insurance products. Insurance underwriters can choose to specialise in a certain area such as health, property, or life insurance.

How to earn more as an Insurance Underwriter

If you want to become an insurance underwriter, you'll need to have a degree in either insurance, law, or risk management. You could also look into degree apprenticeships that provide you with the necessary skills. To increase your salary as an insurance underwriter, you can move into a specialised field, such as marine insurance, or take on more responsibility within the company by becoming a team leader or manager. You can also become self-employed and start your own insurance underwriting business.

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Elite Excess Casualty Underwriter - National Accounts Wholesale in Scottsdale

CNA Insurance is seeking an experienced Excess Casualty Underwriter to join the Cardinal E&S team, a CNA brand. You will manage a portfolio of wholesale lead umbrella and excess accounts, driving profitability through pricing, risk selection and strong partner relationships.

Based in a hybr ...Read more

Senior Loss Control Consultant & Underwriting Advisor in Chicago

Starr Indemnity & Liability Company, a global leader in commercial insurance, is seeking a professional to oversee loss control service direction and manage key accounts effectively in their Chicago office. The position requires over 5 years of experience in risk assessment or commercial insuranc ...Read more

Senior Life Insurance Underwriting Consultant (Remote) in Phoenix

Pacific Life seeks a Senior Underwriting Consultant to evaluate life insurance applications and manage risk across underwriting workflows. This role supports 100% remote work and emphasizes growth through accelerated underwriting tools and development opportunities.

The position requires 7â ...Read more

New Business Underwriting & Submissions Specialist in Tucson

HomeServices Insurance, Inc. is seeking a New Business Specialist to serve as a subject matter expert and liaison for sales teams. You will guide on underwriting requirements, coverage structuring, and carrier expectations to improve submission quality and policy placement.

The role emphasi ...Read more

Senior Underwriting Consultant in Phoenix

Job Description


Providing for loved ones, planning rewarding retirements, saving enough for whatever lies ahead – our policyholders count on us to be there when it matters most. It's a big ask, but it's one that we have the power to deliver when we work together. We collaborat ...Read more

Strategic HR Business Partner - Underwriting in Richmond

Kinsale Insurance, a Richmond-based insurer, seeks a Human Resources Business Partner to serve as a trusted advisor to leaders and employees within Underwriting divisions. You will partner with management to drive engagement, performance, and talent while ensuring regulatory compliance and alignm ...Read more

Senior Underwriting Leader - Carrier Strategy in Il

Independence American Insurance Company (IAIC) seeks a Director of Underwriting to steer strategy for North American carriers, establishing philosophy, risk appetite, guidelines and governance while ensuring regulatory compliance and profitable portfolio performance.

You will partner with e ...Read more

Senior Life Insurance Underwriting Strategist in Cincinnati

Western & Southern Financial Group in Cincinnati is seeking a Senior Underwriter to independently evaluate and classify risks on insurance applications. This role requires strong analytical abilities and effective communication as it involves mentorship, evaluating insurance cases, and determinin ...Read more

Pharmacy Benefits Management (PBM) Underwriting, Senior Analyst in Maryland

We're building a world of health around every individual - shaping a more connected, convenient and compassionate health experience. At CVS Health®, you'll be surrounded by passionate colleagues who care deeply, innovate with purpose, hold ourselves accountable and prioritize safety and quali ...Read more

Senior PBM Underwriting Analyst: Pricing & Forecasting in Maryland

CVS Health seeks a pricing underwriter on our PBM Underwriting team. In this high-level individual contributor role, you will formulate pricing strategies and execute financial modeling for offers across retail, mail order, and specialty channels.

You will collaborate with PBM Sales and Acc ...Read more

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