AmericaByNumbers.com

Insurance Underwriters Salary in Maryland

How much does a Insurance Underwriters make in Maryland?

Last updated: 2024 data from the Bureau of Labor Statistics

$88,820
Median Annual Salary
$93,190
Mean Salary
$88,820
Median Salary
$42.70
Hourly Rate
1,100 people work as Insurance Underwriters in Maryland

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 Maryland

Salaries for Insurance Underwriters in Maryland range from $60,130 at the 10th percentile (entry level) to $133,440 at the 90th percentile (experienced). The middle 50% earn between $66,800 and $106,940.

Median $88,820
P10: $60,130 P25: $66,800 P75: $106,940 P90: $133,440
10th
$60,130
25th
$66,800
Median
$88,820
75th
$106,940
90th
$133,440
Percentile Annual Salary Hourly Rate Monthly
10th Percentile (Entry Level) $60,130 $28.91 $5,010
25th Percentile $66,800 $32.12 $5,566
Median (50th) $88,820 $42.70 $7,401
75th Percentile $106,940 $51.41 $8,911
90th Percentile (Experienced) $133,440 $64.15 $11,120

Note: The mean (average) salary of $93,190 differs from the median because salary distributions are typically skewed by high earners.

🚀 What To Do Next

Some links may be affiliate links. See our Affiliate Disclosure.

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

Insurance Underwriters Salary by State

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

View all 50 states →

Frequently Asked Questions

How much does a Insurance Underwriters make in Maryland?
The median annual salary for a Insurance Underwriters in Maryland is $88,820 as of 2024. The average (mean) salary is $93,190.
What is the salary range for a Insurance Underwriters in Maryland?
Salaries for Insurance Underwriters in Maryland range from $60,130 at the 10th percentile to $133,440 at the 90th percentile. The middle 50%% earn between $66,800 and $106,940.
What is the starting salary for a Insurance Underwriters in Maryland?
Entry-level Insurance Underwriters positions in Maryland typically start around $60,130 (10th percentile). With some experience, salaries rise to $66,800 (25th percentile).
How many people work as Insurance Underwriters in Maryland?
According to 2024 BLS data, approximately 1,100 people are employed as Insurance Underwriters in Maryland.
What is the hourly rate for a Insurance Underwriters in Maryland?
Based on a standard 2,080-hour work year, the median hourly rate for a Insurance Underwriters in Maryland is approximately $42.70 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