Occupational Employment Statistics

Occupational Employment and Wages, May 2012

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)
91,810 1.9 % $33.27 $69,200 0.6 %

Percentile wage estimates for this occupation:

Percentile 10% 25% 50%
(Median)
75% 90%
Hourly Wage $18.77 $23.36 $30.22 $40.67 $52.84
Annual Wage (2) $39,050 $48,600 $62,870 $84,600 $109,900


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 64,410 5.56 $33.53 $69,740
Agencies, Brokerages, and Other Insurance Related Activities 18,390 2.04 $32.43 $67,450
Management of Companies and Enterprises 2,150 0.11 $31.45 $65,420
Nondepository Credit Intermediation 2,050 0.36 $36.39 $75,690
Insurance and Employee Benefit Funds 1,270 2.83 $34.66 $72,080

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 64,410 5.56 $33.53 $69,740
Insurance and Employee Benefit Funds 1,270 2.83 $34.66 $72,080
Agencies, Brokerages, and Other Insurance Related Activities 18,390 2.04 $32.43 $67,450
Nondepository Credit Intermediation 2,050 0.36 $36.39 $75,690
Management of Companies and Enterprises 2,150 0.11 $31.45 $65,420

Top paying industries for this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Other Financial Investment Activities 230 0.07 $36.67 $76,270
Nondepository Credit Intermediation 2,050 0.36 $36.39 $75,690
Local Government (OES Designation) 110 (7) $36.13 $75,160
Insurance and Employee Benefit Funds 1,270 2.83 $34.66 $72,080
Securities and Commodity Contracts Intermediation and Brokerage 100 0.02 $33.72 $70,140


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)
California 8,550 0.60 0.85 $35.73 $74,310
New York 8,100 0.95 1.35 $39.26 $81,650
Texas 6,160 0.58 0.83 $32.50 $67,600
Florida 5,860 0.81 1.14 $28.64 $59,570
Illinois 5,830 1.03 1.47 $34.77 $72,320




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 3,770 2.33 3.30 $39.95 $83,090
Nebraska 1,340 1.47 2.08 $26.41 $54,930
Iowa 1,870 1.27 1.81 $28.85 $60,000
Wisconsin 3,060 1.14 1.62 $28.31 $58,890
Rhode Island 510 1.13 1.60 (8) (8)




Top paying States for this occupation:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
New Jersey 2,920 0.77 1.09 $41.03 $85,340
Connecticut 3,770 2.33 3.30 $39.95 $83,090
New York 8,100 0.95 1.35 $39.26 $81,650
Washington 2,070 0.75 1.06 $38.65 $80,390
Massachusetts 3,410 1.06 1.51 $35.80 $74,460





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 4,620 0.90 1.27 $44.05 $91,620
Chicago-Joliet-Naperville, IL Metropolitan Division 4,580 1.26 1.78 $35.00 $72,790
Atlanta-Sandy Springs-Marietta, GA 3,340 1.48 2.09 $33.81 $70,320
Hartford-West Hartford-East Hartford, CT 2,830 5.12 7.26 $40.28 $83,780
Los Angeles-Long Beach-Glendale, CA Metropolitan Division 2,460 0.64 0.90 $37.33 $77,640
Philadelphia, PA Metropolitan Division 2,430 1.33 1.89 $37.27 $77,510
Boston-Cambridge-Quincy, MA NECTA Division 2,260 1.32 1.87 $39.14 $81,410
Dallas-Plano-Irving, TX Metropolitan Division 2,250 1.07 1.52 $32.95 $68,530
Tampa-St. Petersburg-Clearwater, FL 1,790 1.59 2.26 $28.51 $59,300
Minneapolis-St. Paul-Bloomington, MN-WI 1,680 0.96 1.37 $30.15 $62,720




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)
Hartford-West Hartford-East Hartford, CT 2,830 5.12 7.26 $40.28 $83,780
Des Moines-West Des Moines, IA 1,380 4.27 6.06 $29.63 $61,620
Columbia, MO 290 3.40 4.82 $29.42 $61,180
Lincoln, NE 530 3.24 4.60 $26.60 $55,340
Sheboygan, WI 130 2.31 3.28 $28.44 $59,150
Portland-South Portland-Biddeford, ME 440 2.27 3.22 $33.21 $69,070
Jackson, MS 560 2.23 3.17 $26.31 $54,720
Utica-Rome, NY 260 2.13 3.02 $29.47 $61,300
Gainesville, FL 240 2.00 2.84 $28.34 $58,950
Green Bay, WI 320 1.94 2.75 $27.17 $56,510




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)
Newark-Union, NJ-PA Metropolitan Division 1,320 1.38 1.97 $44.28 $92,110
New York-White Plains-Wayne, NY-NJ Metropolitan Division 4,620 0.90 1.27 $44.05 $91,620
Bridgeport-Stamford-Norwalk, CT 420 1.01 1.44 $43.88 $91,280
Seattle-Bellevue-Everett, WA Metropolitan Division 1,610 1.14 1.62 $40.77 $84,800
San Francisco-San Mateo-Redwood City, CA Metropolitan Division 850 0.85 1.21 $40.65 $84,550
Durham-Chapel Hill, NC 70 0.25 0.36 $40.57 $84,390
Hartford-West Hartford-East Hartford, CT 2,830 5.12 7.26 $40.28 $83,780
Edison-New Brunswick, NJ Metropolitan Division 430 0.45 0.63 $39.85 $82,890
Nassau-Suffolk, NY Metropolitan Division 1,220 1.00 1.42 $39.55 $82,270
Boston-Cambridge-Quincy, MA NECTA Division 2,260 1.32 1.87 $39.14 $81,410

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 290 1.65 2.34 $28.31 $58,890
Central New York nonmetropolitan area 140 1.13 1.60 $23.85 $49,600
Northern Vermont nonmetropolitan area 130 1.80 2.55 $27.14 $56,450
Southeast Iowa nonmetropolitan area 120 0.57 0.80 $21.82 $45,390
Other Ohio nonmetropolitan area 90 0.34 0.48 $29.11 $60,540

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 130 1.80 2.55 $27.14 $56,450
Southwestern New Hampshire nonmetropolitan area 70 1.75 2.49 $36.05 $74,990
West Central Wisconsin nonmetropolitan area 290 1.65 2.34 $28.31 $58,890
Central New York nonmetropolitan area 140 1.13 1.60 $23.85 $49,600
Northwest Illinois nonmetropolitan area 90 0.66 0.94 $33.40 $69,470

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)
Southwestern New Hampshire nonmetropolitan area 70 1.75 2.49 $36.05 $74,990
Southcentral Idaho nonmetropolitan area (8) (8) (8) $34.91 $72,610
Western Central North Carolina nonmetropolitan area 40 0.16 0.23 $34.59 $71,940
Northwest Illinois nonmetropolitan area 90 0.66 0.94 $33.40 $69,470
Southwest New York nonmetropolitan area (8) (8) (8) $32.20 $66,970


About May 2012 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 2012 National Occupational Employment and Wage Estimates

May 2012 State Occupational Employment and Wage Estimates

May 2012 Metropolitan and Nonmetropolitan Area Occupational Employment and Wage Estimates

May 2012 National Industry-Specific Occupational Employment and Wage Estimates

May 2012 Occupation Profiles

Technical Notes

Last Modified Date: March 29, 2013

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