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
Southeast Minnesota N/A4N/A$1.03/hrN/AN/AN/AN/AN/A
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 Estimators260$28.86/hr0.5%
Credit Analysts150$34.38/hr-4.3%
Tax Preparers90$17.54/hr2.3%
Procurement Clerks60$21.67/hr-1.7%
Claims Adjusters, Examiners, and Investigators50$31.86/hr0.7%
ActuariesN/AN/AN/A
Insurance Claims and Policy Processing ClerksN/A$21.82/hr6.0%
Tasks for Insurance Underwriters