Insurance Underwriters · Indiana

Insurance Underwriters Salary in Indiana

Insurance Underwriters in Indiana earn a median annual wage of $77,440 —4.8% below the national median of $81,370. That ranks IN #33 of 49 covered states and territories for this occupation.

Median annual
$77,440
Median hourly
$37.23
Entry level (P10)
$48,160
10th percentile
Top 10% (P90)
$104,580
90th percentile
Employment
2,170
0.7 per 1,000 jobs
vs U.S. median
-4.8%
U.S. $81,370

Wage distribution

How earnings are spread across workers in this occupation, from the 10th to the 90th percentile.

10th percentile90th percentile
$48,160
$61,440
$77,440
$95,130
$48,160$77,440$104,580
Annual wage distribution. Highlighted segment contains the median of $77,440.

Employment concentration (1.00×) is close to the national average.

Highest-paying states for insurance underwriters

All 49 states ranked by median annual wage. Indiana is highlighted.

#StateMedian annual Median hourlyEmploymentLocation quotient
1Massachusetts$106,640$51.272,8901.17
2New Hampshire$103,940$49.972700.58
3Nevada$101,440$48.774800.46
4Connecticut$100,690$48.412,0101.75
5Colorado$100,640$48.382,0401.05
6Washington$99,400$47.791,7400.72
7New York$97,450$46.856,9001.05
8Wisconsin$97,370$46.813,1101.56
9New Jersey$96,220$46.263,1501.08
10Maine$95,510$45.925201.20

Related occupations in Indiana

Occupations in the same job family, compared within Indiana.

Frequently asked questions

How much do insurance underwriters make in Indiana?

The median annual wage for insurance underwriters in Indiana is $77,440, or $37.23 per hour. That is 4.8% below the national median of $81,370.

What is the entry-level insurance underwriters salary in Indiana?

Workers at the 10th percentile earn $48,160 per year ($23.15/hour). The 25th percentile is $61,440.

How many people work as insurance underwriters in Indiana?

About 2,170 people work in this occupation in Indiana, or 0.7 per 1,000 jobs statewide.

Is Indiana a good state for insurance underwriters?

Indiana ranks #33 of 49 states by median wage for this occupation. Employment concentration (1.00x) is close to the national average.

Which state pays insurance underwriters the most?

Massachusetts has the highest median wage at $106,640 per year, followed by New Hampshire ($103,940) and Nevada ($101,440).

Source: U.S. Bureau of Labor Statistics, OEWS May 2025. Occupational Employment and Wage Statistics, cross-industry estimates. Retrieved 2026-10-26. Figures are rounded by BLS to the nearest dollar (annual) and cent (hourly). Percentile wages describe the distribution of workers, not the pay range for a single job posting. bls.gov/oes