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Insurance Underwriters in Michigan

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Insurance Underwriters in Michigan

Want to work in Michigan as an Insurance Underwriter? Read this first!

-5% Jobs Projection
$65,450 Median Salary
140 Job Openings

While jobs for Insurance Underwriters in Michigan are decreasing, those who do work in these jobs get paid higher than average.

  • Employment for Insurance Underwriters in Michigan is expected to decrease.

  • Insurance Underwriters in Michigan earn higher salaries than the typical U.S. wage earner.

How Many Insurance Underwriters Work in Michigan?

There were 2,060 Insurance Underwriters employed in this state in 2017.

Job Projections for Michigan

Jobs for Insurance Underwriters in this state are declining at a rate of 4.8% which is a slower decline than the nationwide estimated projection of %.

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Michigan Annual Job Openings

The BLS estimates there will be 140 annual job openings, and 1,800 total jobs in 2026 for Insurance Underwriters in this state.

Nationwide, the prediction is 7,500 annual jobs and 98,600 total jobs in 2026.

What do Insurance Underwriters Make in Michigan?

In 2018 wages for Insurance Underwriters ranged from $44,180 to $103,140 with $65,450 being the median annual salary.

Broken down to an hourly rate, workers in this field made anywhere from $21.24 to $49.59. The median hourly rate was $31.47.

In 2017 the median pay for this field was $28.34 an hour.

The hourly rate grew by $3.13.

The median salary in Michigan is higher than the nationwide median salary.

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Top Michigan Metros for Insurance Underwriters

The table below shows some of the metros in this state with the most Insurance Underwriters.

Metro Number Employed Annual Median Salary
Lansing-East Lansing, MI 720 $60,600
Grand Rapids-Wyoming, MI 450 $70,540

Top States for Insurance Underwriters Employment

View the list below to see where most Insurance Underwriters work.

State Number Employed Annual Median Salary
California 9,130 $78,750
New York 8,430 $78,420
Texas 7,560 $61,240
Georgia 6,020 $73,910
Illinois 5,780 $70,410
Florida 4,970 $63,790
Pennsylvania 4,640 $71,070
Ohio 4,630 $68,190
New Jersey 3,190 $79,930
Connecticut 2,940 $70,980
Massachusetts 2,410 $76,760
Missouri 2,320 $64,660
Wisconsin 2,260 $63,490
Virginia 2,180 $64,260
North Carolina 2,010 $71,570
Iowa 1,850 $67,020
Minnesota 1,620 $63,820
Washington 1,610 $76,110
Arizona 1,570 $71,400
Nebraska 1,530 $59,960

Below are the states where Insurance Underwriters get paid the most:

State Annual Median Salary
New Hampshire $80,530
District of Columbia $80,410
New Jersey $79,930
California $78,750
New York $78,420
Massachusetts $76,760
Maryland $76,450
Washington $76,110
South Dakota $74,810
Georgia $73,910

You may also be interested in the following careers:

Occupation MI Employment Total

References

More about our data sources and methodologies.

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