DETAILED OCCUPATION DATA

13-2053 Insurance Underwriters

Occupational Description:
Review individual applications for insurance to evaluate degree of risk involved and determine acceptance of applications.

Occupational Employment Statistics(OES) Wage Data
Wages Updated to First Quarter, 2020
 Percentiles
GeographyEmploymentEmp SE*MeanMean SE*10th25thMedian75th90th
Northwest Minnesota N/A11$18.34/hr$3.75/hr$10.61/hr$11.50/hr$20.72/hr$23.13/hr$24.56/hr
Minnesota 1,750233$39.12/hr$1.37/hr$24.82/hr$28.43/hr$35.09/hr$46.08/hr$67.13/hr
U S 100,0502,301$37.68/hr$0.30/hr$20.56/hr$25.96/hr$33.99/hr$45.81/hr$60.33/hr
*SE = Standard error, a measure of the statistical reliability of the estimate.


Other Regional Data For Insurance Underwriters
Geography (click title for details)OESProjections
EmploymentMedian Wage% Change 2022 - 2032
Seven County Mpls-St Paul, MN 1,600 $36.10/hr -3.2%
Southwest Minnesota 40 $25.22/hr 0.0%
Northeast Minnesota 30 $25.39/hr -3.3%
Central Minnesota 20 $30.64/hr -2.6%
Southeast Minnesota N/A N/A -2.8%
Northwest Minnesota N/A $20.72/hr -7.4%
Related Occupations
Occupation
(click title for details)
OESProjections
EmploymentMedian Wage% Change 2022 - 2032
Cost Estimators250$24.10/hr1.7%
Insurance Claims and Policy Processing Clerks220$22.03/hr-0.6%
Procurement Clerks120$18.46/hrN/A
Credit Analysts100$31.13/hr-4.7%
Claims Adjusters, Examiners, and Investigators100$30.29/hr-4.8%
Tax PreparersN/A$23.52/hr1.4%
Tasks for Insurance Underwriters