Occupational Employment Statistics

Occupational Employment and Wages, May 2011

13-2053 Insurance Underwriters

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


National estimates for this occupation
Industry profile for this occupation
Geographic profile for this occupation

National estimates for this occupation: Top

Employment estimate and mean wage estimates for this occupation:

Employment (1) Employment
RSE (3)
Mean hourly
wage
Mean annual
wage (2)
Wage RSE (3)
92,840 2.0 % $32.46 $67,520 0.6 %

Percentile wage estimates for this occupation:

Percentile 10% 25% 50%
(Median)
75% 90%
Hourly Wage $18.14 $22.59 $29.25 $39.83 $51.67
Annual Wage (2) $37,720 $46,980 $60,830 $82,840 $107,460


Industry profile for this occupation: Top

Industries with the highest published employment and wages for this occupation are provided. For a list of all industries with employment in this occupation, see the Create Customized Tables function.

Industries with the highest levels of employment in this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Insurance Carriers 65,060 5.60 $32.91 $68,460
Agencies, Brokerages, and Other Insurance Related Activities 18,450 2.11 $31.26 $65,020
Management of Companies and Enterprises 1,960 0.10 $31.26 $65,020
Nondepository Credit Intermediation 1,820 0.32 $34.57 $71,910
Depository Credit Intermediation 1,430 0.08 $31.20 $64,890

Industries with the highest concentration of employment in this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Insurance Carriers 65,060 5.60 $32.91 $68,460
Insurance and Employee Benefit Funds 1,330 3.04 $31.46 $65,430
Agencies, Brokerages, and Other Insurance Related Activities 18,450 2.11 $31.26 $65,020
Nondepository Credit Intermediation 1,820 0.32 $34.57 $71,910
Activities Related to Credit Intermediation 490 0.19 $32.00 $66,560

Top paying industries for this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Other Financial Investment Activities 290 0.08 $39.22 $81,580
Business, Professional, Labor, Political, and Similar Organizations 50 0.01 $35.13 $73,070
Nondepository Credit Intermediation 1,820 0.32 $34.57 $71,910
Local Government (OES Designation) 90 (7) $34.02 $70,770
Insurance Carriers 65,060 5.60 $32.91 $68,460


Geographic profile for this occupation: Top

States and areas with the highest published employment, location quotients, and wages for this occupation are provided. For a list of all areas with employment in this occupation, see the Create Customized Tables function.





States with the highest employment level in this occupation:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
New York 9,150 1.09 1.50 $38.74 $80,580
California 8,520 0.61 0.84 $35.37 $73,580
Florida 6,040 0.84 1.17 $28.55 $59,380
Illinois 5,590 1.00 1.39 $33.91 $70,530
Texas 5,540 0.54 0.74 $31.32 $65,150




States with the highest concentration of jobs and location quotients in this occupation:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Connecticut 3,390 2.10 2.91 $40.16 $83,530
Nebraska 1,230 1.36 1.87 $26.31 $54,720
Iowa 1,630 1.13 1.56 $28.22 $58,690
New York 9,150 1.09 1.50 $38.74 $80,580
Wisconsin 2,830 1.07 1.48 $28.63 $59,540




Top paying States for this occupation:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Connecticut 3,390 2.10 2.91 $40.16 $83,530
Washington 1,630 0.60 0.83 $38.97 $81,050
New York 9,150 1.09 1.50 $38.74 $80,580
New Jersey 2,990 0.79 1.10 $36.60 $76,130
Rhode Island 390 0.86 1.19 $36.24 $75,380





Metropolitan areas with the highest employment level in this occupation:

Metropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
New York-White Plains-Wayne, NY-NJ Metropolitan Division 5,310 1.05 1.45 $41.92 $87,200
Chicago-Joliet-Naperville, IL Metropolitan Division 4,290 1.20 1.65 $34.07 $70,860
Atlanta-Sandy Springs-Marietta, GA 3,510 1.57 2.17 $33.13 $68,910
Hartford-West Hartford-East Hartford, CT 2,360 4.30 5.94 $40.80 $84,860
Dallas-Plano-Irving, TX Metropolitan Division 2,280 1.11 1.54 $31.51 $65,540
Los Angeles-Long Beach-Glendale, CA Metropolitan Division 2,250 0.59 0.81 $36.76 $76,460
Boston-Cambridge-Quincy, MA NECTA Division 2,240 1.34 1.85 $37.13 $77,230
Philadelphia, PA Metropolitan Division 2,190 1.20 1.66 $37.02 $77,000
Tampa-St. Petersburg-Clearwater, FL 1,790 1.63 2.26 $28.41 $59,080
Minneapolis-St. Paul-Bloomington, MN-WI 1,570 0.92 1.27 $30.35 $63,130




Metropolitan areas with the highest concentration of jobs and location quotients in this occupation:

Metropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Columbia, MO 370 4.39 6.07 $29.10 $60,530
Hartford-West Hartford-East Hartford, CT 2,360 4.30 5.94 $40.80 $84,860
St. Joseph, MO-KS 190 3.62 5.01 $29.46 $61,280
Des Moines-West Des Moines, IA 1,090 3.44 4.75 $29.32 $60,990
Worcester, MA-CT 670 2.77 3.83 $26.78 $55,700
Lincoln, NE 440 2.75 3.80 $27.82 $57,860
Harrisburg-Carlisle, PA 680 2.22 3.07 $32.38 $67,350
Portland-South Portland-Biddeford, ME 410 2.15 2.98 $32.37 $67,330
Utica-Rome, NY 260 2.09 2.89 $29.15 $60,640
Canton-Massillon, OH 300 1.87 2.59 $23.60 $49,090




Top paying metropolitan areas for this occupation:

Metropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Bridgeport-Stamford-Norwalk, CT 290 0.70 0.97 $43.81 $91,130
New York-White Plains-Wayne, NY-NJ Metropolitan Division 5,310 1.05 1.45 $41.92 $87,200
Seattle-Bellevue-Everett, WA Metropolitan Division 1,180 0.86 1.19 $41.26 $85,820
Springfield, MA-CT 120 0.42 0.58 $40.88 $85,040
Hartford-West Hartford-East Hartford, CT 2,360 4.30 5.94 $40.80 $84,860
San Francisco-San Mateo-Redwood City, CA Metropolitan Division 910 0.94 1.30 $40.73 $84,710
Nassau-Suffolk, NY Metropolitan Division 1,300 1.08 1.49 $39.47 $82,100
Newark-Union, NJ-PA Metropolitan Division 1,240 1.30 1.80 $38.55 $80,190
Cape Coral-Fort Myers, FL (8) (8) (8) $38.12 $79,280
Fort Worth-Arlington, TX Metropolitan Division 290 0.34 0.47 $38.08 $79,200

Nonmetropolitan areas with the highest employment in this occupation:

Nonmetropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
West Central Wisconsin nonmetropolitan area 270 1.61 2.22 $27.84 $57,900
Central New York nonmetropolitan area 150 1.21 1.67 $23.74 $49,380
Northern Vermont nonmetropolitan area 120 1.68 2.33 $26.36 $54,820
Northwest Illinois nonmetropolitan area 90 0.64 0.89 $38.77 $80,640
Kansas nonmetropolitan area 80 0.20 0.28 $20.14 $41,880

Nonmetropolitan areas with the highest concentration of jobs and location quotients in this occupation:

Nonmetropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Northern Vermont nonmetropolitan area 120 1.68 2.33 $26.36 $54,820
West Central Wisconsin nonmetropolitan area 270 1.61 2.22 $27.84 $57,900
Central New York nonmetropolitan area 150 1.21 1.67 $23.74 $49,380
Northwest Illinois nonmetropolitan area 90 0.64 0.89 $38.77 $80,640
Northwestern Oklahoma nonmetropolitan area 60 0.51 0.70 $27.08 $56,340

Top paying nonmetropolitan areas for this occupation:

Nonmetropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Northwest Illinois nonmetropolitan area 90 0.64 0.89 $38.77 $80,640
East Central Pennsylvania nonmetropolitan area (8) (8) (8) $33.22 $69,100
Capital/Northern New York nonmetropolitan area (8) (8) (8) $33.21 $69,080
Southwest New York nonmetropolitan area (8) (8) (8) $29.81 $62,010
West Central Wisconsin nonmetropolitan area 270 1.61 2.22 $27.84 $57,900


About May 2011 National, State, Metropolitan, and Nonmetropolitan Area Occupational Employment and Wage Estimates

These estimates are calculated with data collected from employers in all industry sectors, all metropolitan and nonmetropolitan areas, and all states and the District of Columbia. The top employment and wage figures are provided above. The complete list is available in the downloadable XLS files.

The percentile wage estimate is the value of a wage below which a certain percent of workers fall. The median wage is the 50th percentile wage estimate--50 percent of workers earn less than the median and 50 percent of workers earn more than the median. More about percentile wages.


(1) Estimates for detailed occupations do not sum to the totals because the totals include occupations not shown separately. Estimates do not include self-employed workers.

(2) Annual wages have been calculated by multiplying the hourly mean wage by a "year-round, full-time" hours figure of 2,080 hours; for those occupations where there is not an hourly mean wage published, the annual wage has been directly calculated from the reported survey data.

(3) The relative standard error (RSE) is a measure of the reliability of a survey statistic. The smaller the relative standard error, the more precise the estimate.

(7) The value is less than .005 percent of industry employment.

(8) Estimate not released.

(9) The location quotient is the ratio of the area concentration of occupational employment to the national average concentration. A location quotient greater than one indicates the occupation has a higher share of employment than average, and a location quotient less than one indicates the occupation is less prevalent in the area than average.


Other OES estimates and related information:

May 2011 National Occupational Employment and Wage Estimates

May 2011 State Occupational Employment and Wage Estimates

May 2011 Metropolitan and Nonmetropolitan Area Occupational Employment and Wage Estimates

May 2011 National Industry-Specific Occupational Employment and Wage Estimates

List of Occupations in SOC Code Number Order

List of Occupations in Alphabetical Order

Download May 2011 Occupational Employment and Wage Estimates in Zipped XLS files

Technical Notes

Last Modified Date: March 27, 2012

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