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Insurance underwriters&

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Total Workforce
108,917
Average Age
43.4
Estimated Job Growth
-5.2%
10-Year Projection
Average Salary
$73,502
Average Male Salary
$89,763
Average Female Salary
$64,647

Employment

Information on the businesses and industries that employ Insurance underwriters and on wages and locations for those in the field. Insurance carriers & related activities is the industry that employs the most Insurance underwriters, both by share and by number, though the highest paid industry for Insurance underwriters, by average wage, is Real estate. Insurance underwriters are paid most in Stratford, Shelton, Trumbull, Newtown & Monroe Towns PUMA, CT but are relatively concentrated in McLean County PUMA, IL.

Wages

Yearly Wage

Wage Distribution

Wage by Location

Spatial Concentration

Industries

Most Common

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Highest Paying

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Industries by Share

Diversity

Demographic information on Insurance underwriters in the US. The average age of male Insurance underwriters in the workforce is 41.6 and of female Insurance underwriters is 44.4, and the most common race/ethnicity for Insurance underwriters is White.

Gender Composition

Race & Ethnicity

Age by Gender

Education

Data on higher education choices for Insurance underwriters from The Department of Education and Census Bureau. The most common major for Insurance underwriters is Business but a relatively high number of Insurance underwriters hold a major in Agriculture.

Majors

Skills

Data on the critical and distinctive skills necessary for Insurance underwriters from the Bureau of Labor Statistics. Insurance underwriters need many skills, but most especially Active Listening, Judgment and Decision Making, and Writing. The revealed comparative advantage (RCA) shows that Insurance underwriters need more than the average amount of Judgment and Decision Making, Writing, and Operations Analysis.

Radar Distribution

Dataset: Source:

Bar Chart

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Growth Projections

Projections on wages and job growth for Insurance underwriters from the Bureau of Labor Statistics. The ten-year national workforce is projected to grow 7.4%, but Insurance underwriters are expected to see a growth of -5.2% over the same period. This occupation is expected to grow slower than the national average.

Job Growth

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Major Occupation Group
Management, business, & financial occupations
Minor Occupation Group
Business & financial operations occupations
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