Insurance Underwriters Salary in Maryland
Insurance Underwriters in Maryland earn a median annual wage of $92,120 —13.2% above the national median of $81,370. That ranks MD #12 of 49 covered states and territories for this occupation.
Wage distribution
How earnings are spread across workers in this occupation, from the 10th to the 90th percentile.
Employment is only 0.70× as concentrated as the national average — this occupation is relatively scarce in Maryland.
Highest-paying states for insurance underwriters
All 49 states ranked by median annual wage. Maryland is highlighted.
| # | State | Median annual | Median hourly | Employment | Location quotient |
|---|---|---|---|---|---|
| 1 | Massachusetts | $106,640 | $51.27 | 2,890 | 1.17 |
| 2 | New Hampshire | $103,940 | $49.97 | 270 | 0.58 |
| 3 | Nevada | $101,440 | $48.77 | 480 | 0.46 |
| 4 | Connecticut | $100,690 | $48.41 | 2,010 | 1.75 |
| 5 | Colorado | $100,640 | $48.38 | 2,040 | 1.05 |
| 6 | Washington | $99,400 | $47.79 | 1,740 | 0.72 |
| 7 | New York | $97,450 | $46.85 | 6,900 | 1.05 |
| 8 | Wisconsin | $97,370 | $46.81 | 3,110 | 1.56 |
| 9 | New Jersey | $96,220 | $46.26 | 3,150 | 1.08 |
| 10 | Maine | $95,510 | $45.92 | 520 | 1.20 |
Related occupations in Maryland
Occupations in the same job family, compared within Maryland.
| Occupation | Maryland median | U.S. median |
|---|---|---|
| Accountants and Auditors | $89,370 | $83,680 |
| Business Operations Specialists, All Other | $101,500 | $83,050 |
| Project Management Specialists | $104,040 | $102,320 |
| Human Resources Specialists | $83,910 | $75,940 |
| Market Research Analysts and Marketing Specialists | $76,370 | $78,760 |
| Management Analysts | $121,680 | $101,860 |
Frequently asked questions
How much do insurance underwriters make in Maryland?
The median annual wage for insurance underwriters in Maryland is $92,120, or $44.29 per hour. That is 13.2% above the national median of $81,370.
What is the entry-level insurance underwriters salary in Maryland?
Workers at the 10th percentile earn $59,520 per year ($28.61/hour). The 25th percentile is $68,930.
How many people work as insurance underwriters in Maryland?
About 1,310 people work in this occupation in Maryland, or 0.5 per 1,000 jobs statewide.
Is Maryland a good state for insurance underwriters?
Maryland ranks #12 of 49 states by median wage for this occupation. Employment is only 0.70x as concentrated as the national average, so this occupation is relatively scarce in Maryland.
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).