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Insurance Underwriters Hourly Wage in Maryland (2025)

Last updated: 2025 BLS data · Page refreshed:

The median hourly wage for Insurance Underwriters in Maryland is $44.29/hour, based on 2025 BLS data.

Data: BLS OEWS 2025 • Maryland hourly wage data • Updated 2026-05-19

Entry-Level (P10)
$28.62
/hour
Median (P50)
$44.29
/hour
Senior (P90)
$73.41
/hour

Annual Salary Equivalent

$92,120
Based on 2,080 work hours/year (40 hours/week, 52 weeks/year). View annual salary page.

Maryland vs National Average

Entry-Level (P10)
$28.62
National: $26.32
+8.7%
Median (P50)
$44.29
National: $39.28
+12.8%
Senior (P90)
$73.41
National: $64.95
+13.0%

Hourly Wage Breakdown by Percentile

Percentile Hourly Rate Weekly (×40h) Monthly (×173.3h) Annual (×2,080h)
Entry-Level (P10) $28.62 $1145 $4960 $59,520
Q1 (P25) $33.14 $1326 $5744 $68,930
Median (P50) $44.29 $1772 $7677 $92,120
Q3 (P75) $56.25 $2250 $9749 $116,990
Senior (P90) $73.41 $2936 $12724 $152,690

Note: Weekly = hourly × 40 hours. Monthly = hourly × 173.3 hours (avg). Annual = hourly × 2,080 hours.

Highest-Paying States for Insurance Underwriters

#1
$51.27
$51.27/hr
+30.5%
#2
$49.97
$49.97/hr
+27.2%
#3
$48.77
$48.77/hr
+24.2%
#4
$48.41
$48.41/hr
+23.2%
#5
$48.38
$48.38/hr
+23.2%
#6
$47.79
$47.79/hr
+21.7%
#7
$46.85
$46.85/hr
+19.3%
#8
$46.81
$46.81/hr
+19.2%
#9
$46.26
$46.26/hr
+17.8%
#10
$45.92
$45.92/hr
+16.9%

Frequently Asked Questions

What is the average hourly wage for Insurance Underwriters in Maryland?

The median hourly wage for Insurance Underwriters in Maryland is $44.29/hour (2025 BLS data). This equals approximately $92,120.0 per year based on 2,080 work hours.

How does Maryland Insurance Underwriters hourly pay compare to national average?

The median hourly rate for Insurance Underwriters in Maryland is $44.29/hr compared to the national average of $39.28/hr — higher by $5.01/hr.

What is the entry-level hourly rate for Insurance Underwriters in Maryland?

Entry-level Insurance Underwriters professionals in Maryland earn approximately $28.62/hour (10th percentile), which equals $59,520.0/year. Senior-level professionals earn $73.41/hour.

How much does a senior Insurance Underwriters make per hour in Maryland?

Senior-level Insurance Underwriters professionals in Maryland (90th percentile) earn approximately $73.41/hour, or $152,690.0/year.

How is hourly wage calculated from annual salary?

Hourly wages are calculated by dividing annual salary by 2,080 hours (52 weeks × 40 hours/week). This is the standard full-time conversion used by the Bureau of Labor Statistics.

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Data Source

Hourly wage data sourced from the U.S. Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) 2025. This data reflects median and percentile wages for Insurance Underwriters (SOC 132053) in Maryland.

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