Insurance Underwriters (13-2053) in Norwich-New London Labor Market Area



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Insurance Underwriters (13-2053)

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


Median Wage History
Year	This Occupation		Compared to Occupational Group		Difference
Current	$31.87		$34.47		-$2.60
2019	$30.83	+3.4%	$33.34	+3.4%	-$2.51
2018	$30.03	+2.6%	$32.48	+2.6%	-$2.45
2017	$29.33	+2.4%	$31.72	+2.4%	-$2.39
2016	$28.65	+2.4%	$30.98	+2.4%	-$2.33
2015	$27.85	+2.9%	$30.12	+2.9%	-$2.27
2014	$27.19	+2.4%	$29.41	+2.4%	-$2.21
2013	$26.54	+2.5%	$28.70	+2.5%	-$2.16
2012	$26.10	+1.7%	$28.23	+1.7%	-$2.12
2011	$25.70	+1.6%	$27.79	+1.6%	-$2.09
Year	This Occupation		Compared to All Occupations		Difference
Current	$31.87		$21.00		$10.87
2019	$30.83	+3.4%	$20.15	+4.2%	$10.68
2018	$30.03	+2.6%	$19.53	+3.1%	$10.50
2017	$29.33	+2.4%	$19.01	+2.8%	$10.32
2016	$28.65	+2.4%	$18.58	+2.3%	$10.07
2015	$27.85	+2.9%	$18.19	+2.1%	$9.66
2014	$27.19	+2.4%	$17.80	+2.2%	$9.39
2013	$26.54	+2.5%	$17.44	+2.1%	$9.10
2012	$26.10	+1.7%	$17.14	+1.7%	$8.96
2011	$25.70	+1.6%	$16.87	+1.6%	$8.82

Note: The mid-wage is the median wage. The average wage is the mean wage. The entry-level wage is equal to the average of the lower third of reported wages for the occupation. The wage range consists of the 10th and 90th percentiles; 80% of workers earn between this wage range, 10% earn less while 10% earn more.
Reference Date: 1st Quarter 2020

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