Insurance Underwriters Career, Salary and Skills

Insurance Underwriters have a BLS-reported national median annual wage of $81,370 based on the 2025 OEWS dataset, with reported national employment of 105,420. Wage data is published for 192 locations.

Occupation description

Review individual applications for insurance to evaluate degree of risk involved and determine acceptance of applications.

O*NET code

13-2053.00

Job zone

4

Typical education

Bachelor's Degree

Experience

None

National salary and employment

Median annual

$81,370

Hourly median

$39.12

Employment

105,420

Data year

2025

National salary distribution

$55,530
10th
$64,620
25th
$81,370
Median
$110,390
75th
$145,160
90th

Top skills

All skill ratings →

Typical tasks

  • Examine documents to determine degree of risk from factors such as applicant health, financial standing and value, and condition of property.
  • Decline excessive risks.
  • Write to field representatives, medical personnel, or others to obtain further information, quote rates, or explain company underwriting policies.
  • Evaluate possibility of losses due to catastrophe or excessive insurance.
  • Review company records to determine amount of insurance in force on single risk or group of closely related risks.
  • Decrease value of policy when risk is substandard and specify applicable endorsements or apply rating to ensure safe, profitable distribution of risks, using reference materials.
  • Authorize reinsurance of policy when risk is high.
All task statements →

Technology

  • Anodas Software Limited Phoenix
  • C++
  • Consilience Software Maven Insurance Automation Suite
  • CSC nbAccelerator
  • Database software
  • Delphi Technology
  • Fair Isaac Enterprise Decision Management for Insurance
  • Fannie Mae Desktop Underwriter
  • Fiserv Advanced Underwriting
  • IBM FileNet Content Manager
  • LabOne NET
  • LexisNexis
  • Microsoft Access
  • Microsoft Excel
All technology →

Insurance Underwriters salary by location

Areas with the highest reported employment for this occupation.

All 192 locations →

Related careers

Career and skills data: O*NET 31.0 (onetcenter.org). Salary and employment data: U.S. Bureau of Labor Statistics OEWS, 2025 (bls.gov/oes). Figures are published survey estimates, not real-time market data.