Insurance Underwriters (13-2053) in Northwest Workforce Development Area



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Northwest Workforce Development Area (1Q 2020)
All Industry
Estimated employment		N/A
Mean wage		$37.44
Entry wage		$23.07
10th percentile wage		$20.99
50th percentile wage		$34.28
90th percentile wage		$59.67

Top Employing Industries
Industry	Employment Percent
Financial Activities

Top Paying Industries
Industry	Employment Median Wage
Financial Activities		$33.68

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	$34.28		$33.99		$0.29
2019	$33.16	+3.4%	$32.88	+3.4%	$0.28
2018	$32.30	+2.6%	$32.03	+2.6%	$0.27
2017	$31.55	+2.4%	$31.28	+2.4%	$0.27
2016	$30.81	+2.4%	$30.55	+2.4%	$0.26
2015	$29.96	+2.9%	$29.70	+2.9%	$0.25
2014	$29.25	+2.4%	$29.00	+2.4%	$0.25
2013	$28.54	+2.5%	$28.30	+2.5%	$0.24
2012	$28.08	+1.7%	$27.84	+1.7%	$0.24
2011	$27.64	+1.6%	$27.41	+1.6%	$0.23
Year	This Occupation		Compared to All Occupations		Difference
Current	$34.28		$21.91		$12.37
2019	$33.16	+3.4%	$21.02	+4.2%	$12.14
2018	$32.30	+2.6%	$20.38	+3.1%	$11.92
2017	$31.55	+2.4%	$19.83	+2.8%	$11.71
2016	$30.81	+2.4%	$19.38	+2.3%	$11.43
2015	$29.96	+2.9%	$18.98	+2.1%	$10.98
2014	$29.25	+2.4%	$18.57	+2.2%	$10.68
2013	$28.54	+2.5%	$18.20	+2.1%	$10.35
2012	$28.08	+1.7%	$17.88	+1.7%	$10.19
2011	$27.64	+1.6%	$17.60	+1.6%	$10.04

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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