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Insurance Underwriters Salary in Indiana

How much does a Insurance Underwriters make in Indiana?

Last updated: 2024 data from the Bureau of Labor Statistics

$71,490
Median Annual Salary
$78,000
Mean Salary
$71,490
Median Salary
$34.37
Hourly Rate
1,620 people work as Insurance Underwriters in Indiana

About This Job: Insurance Underwriters

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

Top Skills

Reading Comprehension
3.75
Active Listening
3.75
Writing
3.75
Critical Thinking
3.75
Speaking
3.62

Key Knowledge Areas

English Language
4.0
Customer and Personal Service
3.9
Mathematics
3.27
Sales and Marketing
3.17
Administrative
2.93
Typical Education: Bachelor's Degree (70.0% of workers)

Source: O*NET OnLine, U.S. Department of Labor

Salary Range: Insurance Underwriters in Indiana

Salaries for Insurance Underwriters in Indiana range from $44,100 at the 10th percentile (entry level) to $128,530 at the 90th percentile (experienced). The middle 50% earn between $57,470 and $97,930.

Median $71,490
P10: $44,100 P25: $57,470 P75: $97,930 P90: $128,530
10th
$44,100
25th
$57,470
Median
$71,490
75th
$97,930
90th
$128,530
Percentile Annual Salary Hourly Rate Monthly
10th Percentile (Entry Level) $44,100 $21.20 $3,675
25th Percentile $57,470 $27.63 $4,789
Median (50th) $71,490 $34.37 $5,957
75th Percentile $97,930 $47.08 $8,160
90th Percentile (Experienced) $128,530 $61.79 $10,710

Note: The mean (average) salary of $78,000 differs from the median because salary distributions are typically skewed by high earners.

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What does this salary really buy? See Insurance Underwriters salary in Indiana adjusted for cost of living →

Insurance Underwriters Salary by State

Compare Insurance Underwriters pay across states — sorted by highest median salary.

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Frequently Asked Questions

How much does a Insurance Underwriters make in Indiana?
The median annual salary for a Insurance Underwriters in Indiana is $71,490 as of 2024. The average (mean) salary is $78,000.
What is the salary range for a Insurance Underwriters in Indiana?
Salaries for Insurance Underwriters in Indiana range from $44,100 at the 10th percentile to $128,530 at the 90th percentile. The middle 50%% earn between $57,470 and $97,930.
What is the starting salary for a Insurance Underwriters in Indiana?
Entry-level Insurance Underwriters positions in Indiana typically start around $44,100 (10th percentile). With some experience, salaries rise to $57,470 (25th percentile).
How many people work as Insurance Underwriters in Indiana?
According to 2024 BLS data, approximately 1,620 people are employed as Insurance Underwriters in Indiana.
What is the hourly rate for a Insurance Underwriters in Indiana?
Based on a standard 2,080-hour work year, the median hourly rate for a Insurance Underwriters in Indiana is approximately $34.37 per hour.

Data Source & Methodology

Salary data is sourced from the U.S. Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) survey, 2024 estimates. The OEWS survey covers approximately 1.1 million establishments nationwide.

Annual salaries are calculated based on a standard 2,080-hour work year. Actual compensation may vary based on experience, education, employer, and local market conditions. Figures do not include benefits, bonuses, or overtime pay.

Our Methodology · Data Sources · Source: BLS OEWS