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Insurance Underwriters Salary in Maryland
Last updated: 2025 BLS data · Page refreshed:
How much do Insurance Underwriters make in Maryland?
Last updated: 2025 data from the Bureau of Labor Statistics
$92,120
Median Annual Salary
▲
+3.7% vs 2024
$96,540
Mean Salary
$92,120
Median Salary
$44.29
Hourly Rate
1,310 people work as Insurance Underwriters in Maryland
Insurance Underwriters salary by percentile in Maryland
BLS-reported salary distribution — from entry-level (10th percentile) to top earners (90th percentile).
Insurance Underwriters in Maryland earn a median salary of $92,120 per year ($7,676/month).
This is 12.7% above the national average of $81,709.
Maryland ranks #12 out of 49 states for Insurance Underwriters pay.
Approximately 1,310 people work in this occupation across Maryland.
Salaries increased by 3.7% compared to 2024.
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)
Salaries for Insurance Underwriters in Maryland range from $59,520 at the 10th percentile (entry level) to $152,690 at the 90th percentile (experienced). The middle 50% earn between $68,930 and $116,990.
How much do Insurance Underwriters make in Maryland?
The median annual salary for Insurance Underwriters in Maryland is $92,120 as of 2025. The average (mean) salary is $96,540.
What is the salary range for a Insurance Underwriters in Maryland?
Salaries for Insurance Underwriters in Maryland range from $59,520 at the 10th percentile to $152,690 at the 90th percentile. The middle 50% earn between $68,930 and $116,990.
What is the starting salary for a Insurance Underwriters in Maryland?
Entry-level Insurance Underwriters positions in Maryland typically start around $59,520 (10th percentile). With some experience, salaries rise to $68,930 (25th percentile).
How many people work as Insurance Underwriters in Maryland?
According to 2025 BLS data, approximately 1,310 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 $44.29 per hour.
Salary data is sourced from the U.S. Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) survey, 2025 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.
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