How much does a Insurance Underwriters make in Michigan?
Last updated: 2024 data from the Bureau of Labor Statistics
Review individual applications for insurance to evaluate degree of risk involved and determine acceptance of applications.
Source: O*NET OnLine, U.S. Department of Labor
Salaries for Insurance Underwriters in Michigan range from $49,270 at the 10th percentile (entry level) to $114,790 at the 90th percentile (experienced). The middle 50% earn between $59,420 and $98,220.
| Percentile | Annual Salary | Hourly Rate | Monthly |
|---|---|---|---|
| 10th Percentile (Entry Level) | $49,270 | $23.69 | $4,105 |
| 25th Percentile | $59,420 | $28.57 | $4,951 |
| Median (50th) | $77,060 | $37.05 | $6,421 |
| 75th Percentile | $98,220 | $47.22 | $8,185 |
| 90th Percentile (Experienced) | $114,790 | $55.19 | $9,565 |
Note: The mean (average) salary of $79,290 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 Michigan adjusted for cost of living →
Compare Insurance Underwriters pay across states — sorted by highest median salary.
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