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
Seven County Mpls-St Paul, MN 1,600229$40.05/hr$1.44/hr$25.59/hr$29.08/hr$36.10/hr$46.83/hr$68.28/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.


Leading Industries for Insurance Underwriters
IndustryOES EmploymentOES Median Wage
Financial Activities1,220$36.10/hr
Professional and Business Services380$36.10/hr
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
Insurance Claims and Policy Processing Clerks5,900$22.73/hr-2.6%
Claims Adjusters, Examiners, and Investigators5,410$31.28/hr-4.6%
Cost Estimators2,840$32.34/hr1.1%
Credit Analysts1,420$38.59/hr-5.1%
Tax Preparers940$27.05/hr1.3%
Procurement Clerks730$21.53/hr-4.7%
Actuaries450$48.48/hr24.3%
Insurance Appraisers, Auto DamageN/A$28.62/hrN/A
Tasks for Insurance Underwriters