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



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Norwich-New London Labor Market Area (1Q 2019)
All Industry
Estimated employment		20
Mean wage		$30.70
Entry wage		$24.72
10th percentile wage		$22.51
50th percentile wage		$29.67
90th percentile wage		$40.98

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	$29.67		$34.45		-$4.78
2018	$29.45	+.7%	$34.20	+.7%	-$4.74
2017	$28.69	+2.6%	$33.32	+2.6%	-$4.62
2016	$28.02	+2.4%	$32.54	+2.4%	-$4.51
2015	$27.37	+2.4%	$31.78	+2.4%	-$4.40
2014	$26.61	+2.9%	$30.90	+2.9%	-$4.28
2013	$25.98	+2.4%	$30.17	+2.4%	-$4.18
2012	$25.35	+2.5%	$29.44	+2.5%	-$4.08
2011	$24.94	+1.7%	$28.96	+1.7%	-$4.01
2010	$24.55	+1.6%	$28.51	+1.6%	-$3.95
Year	This Occupation		Compared to All Occupations		Difference
Current	$29.67		$21.44		$8.23
2018	$29.45	+.7%	$21.25	+.9%	$8.20
2017	$28.69	+2.6%	$20.60	+3.1%	$8.09
2016	$28.02	+2.4%	$20.05	+2.8%	$7.97
2015	$27.37	+2.4%	$19.59	+2.3%	$7.78
2014	$26.61	+2.9%	$19.18	+2.1%	$7.43
2013	$25.98	+2.4%	$18.77	+2.2%	$7.21
2012	$25.35	+2.5%	$18.40	+2.1%	$6.96
2011	$24.94	+1.7%	$18.08	+1.7%	$6.86
2010	$24.55	+1.6%	$17.80	+1.6%	$6.76

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 2019

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