National Salary Overview
Financial Risk Specialists
Median Salary
$103,075
Average (Mean)
$109,781
Employed Nationwide
63,470
VS
Financial Risk Specialists earns $21,365 more (26.1%)
Key Metrics Compared
Median Salary
$103,075
$81,709
Average (Mean) Salary
$109,781
$89,275
Total Employment
63,470
98,630
States with Higher Pay
43
5
Salary by State: Financial Risk Specialists vs Insurance Underwriters
Showing 48 states where both occupations have BLS data. Financial Risk Specialists pays more in 43 states; Insurance Underwriters pays more in 5.
| State | Financial Risk Specialists | Insurance Underwriters | Difference | ||
|---|---|---|---|---|---|
| Alabama | $81,750 | $62,220 | +$19,530 | ||
| Alaska | $85,370 | $81,620 | +$3,750 | ||
| Arizona | $102,800 | $77,740 | +$25,060 | ||
| Arkansas | $66,110 | $82,130 | $-16,020 | ||
| California | $129,110 | $95,320 | +$33,790 | ||
| Colorado | $120,300 | $100,640 | +$19,660 | ||
| Connecticut | $113,990 | $100,690 | +$13,300 | ||
| District of Columbia | $99,230 | $82,070 | +$17,160 | ||
| Florida | $99,900 | $78,720 | +$21,180 | ||
| Georgia | $100,570 | $85,980 | +$14,590 | ||
| Hawaii | $89,860 | $73,260 | +$16,600 | ||
| Idaho | $76,870 | $62,530 | +$14,340 | ||
| Illinois | $104,300 | $89,620 | +$14,680 | ||
| Indiana | $99,250 | $77,440 | +$21,810 | ||
| Iowa | $105,680 | $75,160 | +$30,520 | ||
| Kansas | $84,790 | $77,070 | +$7,720 | ||
| Kentucky | $74,640 | $79,830 | $-5,190 | ||
| Louisiana | $58,440 | $76,540 | $-18,100 | ||
| Maine | $141,020 | $95,510 | +$45,510 | ||
| Maryland | $117,130 | $92,120 | +$25,010 | ||
| Massachusetts | $130,400 | $106,640 | +$23,760 | ||
| Michigan | $103,940 | $77,380 | +$26,560 | ||
| Minnesota | $105,420 | $80,700 | +$24,720 | ||
| Mississippi | $96,100 | $59,250 | +$36,850 | ||
| Missouri | $100,620 | $80,040 | +$20,580 | ||
| Montana | $100,920 | $63,140 | +$37,780 | ||
| Nebraska | $94,280 | $75,120 | +$19,160 | ||
| Nevada | $100,010 | $101,440 | $-1,430 | ||
| New Hampshire | $158,320 | $103,940 | +$54,380 | ||
| New Jersey | $129,220 | $96,220 | +$33,000 | ||
| New Mexico | $87,260 | $64,000 | +$23,260 | ||
| New York | $136,830 | $97,450 | +$39,380 | ||
| North Carolina | $132,040 | $77,120 | +$54,920 | ||
| North Dakota | $74,630 | $74,130 | +$500 | ||
| Ohio | $98,650 | $79,260 | +$19,390 | ||
| Oklahoma | $85,140 | $66,770 | +$18,370 | ||
| Oregon | $109,580 | $79,200 | +$30,380 | ||
| Pennsylvania | $103,040 | $78,950 | +$24,090 | ||
| Rhode Island | $104,470 | $84,720 | +$19,750 | ||
| South Carolina | $99,520 | $79,570 | +$19,950 | ||
| South Dakota | $78,960 | $83,130 | $-4,170 | ||
| Tennessee | $90,950 | $78,840 | +$12,110 | ||
| Texas | $103,760 | $78,890 | +$24,870 | ||
| Utah | $77,770 | $72,730 | +$5,040 | ||
| Virginia | $126,510 | $81,870 | +$44,640 | ||
| Washington | $123,150 | $99,400 | +$23,750 | ||
| Wisconsin | $97,820 | $97,370 | +$450 | ||
| Wyoming | $119,550 | $62,290 | +$57,260 |
Explore This Comparison by State
Dive deeper — see how Financial Risk Specialists vs Insurance Underwriters salaries differ in each state, with local data and national benchmarks.
Frequently Asked Questions
Who makes more: Financial Risk Specialists or Insurance Underwriters?
On average across all states, a Financial Risk Specialists earns more than a Insurance Underwriters. The national median salary difference is $21,365 (26.1%) based on 2025 BLS data.
In how many states does a Financial Risk Specialists earn more than a Insurance Underwriters?
A Financial Risk Specialists earns a higher median salary than a Insurance Underwriters in 43 out of 48 states where both occupations have BLS data. A Insurance Underwriters pays more in 5 states.
What is the median salary for a Financial Risk Specialists vs Insurance Underwriters?
The national median salary for a Financial Risk Specialists is $103,075 per year, compared to $81,709 for a Insurance Underwriters, according to 2025 BLS OEWS data.
Which has more jobs: Financial Risk Specialists or Insurance Underwriters?
There are more people employed as Insurance Underwriters. BLS reports approximately 63,470 Financial Risk Specialists positions and 98,630 Insurance Underwriters positions nationwide (2025).
Should I become a Financial Risk Specialists or Insurance Underwriters?
Both Financial Risk Specialists and Insurance Underwriters are viable career paths. Beyond salary, consider factors like job availability in your state, work-life balance, education requirements, growth potential, and personal interests. Visit each occupation's salary page for state-specific data and career insights.
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