Occupational Employment Statistics

Occupational Employment and Wages, May 2014

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)
91,720 2.0 % $33.93 $70,570 0.7 %

Percentile wage estimates for this occupation:

Percentile 10% 25% 50%
(Median)
75% 90%
Hourly Wage $18.87 $23.63 $30.88 $41.35 $54.33
Annual Wage (2) $39,260 $49,150 $64,220 $86,020 $113,010


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 60,830 5.23 $33.96 $70,640
Agencies, Brokerages, and Other Insurance Related Activities 19,440 1.96 $33.94 $70,600
Management of Companies and Enterprises 3,770 0.17 $31.79 $66,120
Nondepository Credit Intermediation 2,450 0.42 $35.05 $72,910
Depository Credit Intermediation 1,140 0.07 $32.53 $67,670

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 60,830 5.23 $33.96 $70,640
Insurance and Employee Benefit Funds 190 2.76 $35.52 $73,890
Agencies, Brokerages, and Other Insurance Related Activities 19,440 1.96 $33.94 $70,600
Nondepository Credit Intermediation 2,450 0.42 $35.05 $72,910
Management of Companies and Enterprises 3,770 0.17 $31.79 $66,120

Top paying industries for this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Securities and Commodity Contracts Intermediation and Brokerage 570 0.13 $45.78 $95,230
Office Administrative Services 180 0.04 $37.67 $78,350
Local Government (OES Designation) 130 (7) $35.97 $74,820
Management, Scientific, and Technical Consulting Services 480 0.04 $35.60 $74,040
Insurance and Employee Benefit Funds 190 2.76 $35.52 $73,890


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 7,560 0.50 0.74 $33.77 $70,240
New York 6,880 0.78 1.15 $42.35 $88,090
Texas 6,230 0.55 0.82 $33.60 $69,880
Illinois 6,030 1.05 1.54 $31.37 $65,250
Pennsylvania 5,390 0.95 1.40 $36.29 $75,480




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 3,790 2.30 3.39 $43.63 $90,750
Nebraska 1,860 1.97 2.90 $27.27 $56,710
Rhode Island 580 1.24 1.83 $31.10 $64,680
Georgia 4,920 1.23 1.82 $33.51 $69,710
Massachusetts 3,960 1.19 1.76 $35.78 $74,410




Top paying States for this occupation:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
District of Columbia 90 0.13 0.19 $45.04 $93,670
Connecticut 3,790 2.30 3.39 $43.63 $90,750
New Jersey 3,640 0.94 1.39 $42.53 $88,460
New York 6,880 0.78 1.15 $42.35 $88,090
Washington 1,740 0.60 0.89 $37.38 $77,750





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)
Atlanta-Sandy Springs-Marietta, GA 4,540 1.90 2.80 $34.19 $71,120
Chicago-Joliet-Naperville, IL Metropolitan Division 4,430 1.18 1.74 $32.17 $66,910
New York-White Plains-Wayne, NY-NJ Metropolitan Division 4,300 0.80 1.18 $48.22 $100,290
Philadelphia, PA Metropolitan Division 3,090 1.66 2.44 $37.81 $78,630
Boston-Cambridge-Quincy, MA NECTA Division 2,920 1.62 2.39 $37.02 $76,990
Hartford-West Hartford-East Hartford, CT 2,850 5.06 7.45 $44.05 $91,630
Dallas-Plano-Irving, TX Metropolitan Division 2,300 1.03 1.52 $35.17 $73,160
Los Angeles-Long Beach-Glendale, CA Metropolitan Division 1,880 0.46 0.68 $34.78 $72,340
Minneapolis-St. Paul-Bloomington, MN-WI 1,750 0.96 1.41 $30.21 $62,850
Seattle-Bellevue-Everett, WA Metropolitan Division 1,420 0.95 1.40 $38.49 $80,070




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 2,850 5.06 7.45 $44.05 $91,630
Lincoln, NE 630 3.72 5.48 $25.85 $53,770
Columbia, MO 310 3.42 5.04 $26.84 $55,820
Sheboygan, WI 190 3.31 4.87 $31.69 $65,920
Des Moines-West Des Moines, IA 1,000 2.89 4.26 $30.32 $63,070
Portland-South Portland-Biddeford, ME 530 2.66 3.92 $36.48 $75,890
Macon, GA 230 2.39 3.53 $23.23 $48,320
Omaha-Council Bluffs, NE-IA 1,110 2.37 3.49 $27.55 $57,300
Atlanta-Sandy Springs-Marietta, GA 4,540 1.90 2.80 $34.19 $71,120
Jackson, MS 450 1.81 2.66 $24.83 $51,650




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)
New York-White Plains-Wayne, NY-NJ Metropolitan Division 4,300 0.80 1.18 $48.22 $100,290
Newark-Union, NJ-PA Metropolitan Division 1,300 1.35 1.99 $46.81 $97,360
Bridgeport-Stamford-Norwalk, CT 600 1.41 2.08 $46.25 $96,190
Burlington, NC 40 0.65 0.96 $45.60 $94,850
Hartford-West Hartford-East Hartford, CT 2,850 5.06 7.45 $44.05 $91,630
Charlotte-Gastonia-Rock Hill, NC-SC 1,350 1.48 2.18 $42.69 $88,790
Edison-New Brunswick, NJ Metropolitan Division 770 0.77 1.13 $39.07 $81,260
Scranton--Wilkes-Barre, PA (8) (8) (8) $39.01 $81,150
Pittsburgh, PA 510 0.45 0.66 $38.63 $80,350
Seattle-Bellevue-Everett, WA Metropolitan Division 1,420 0.95 1.40 $38.49 $80,070

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 230 1.31 1.93 $23.05 $47,950
Central New York nonmetropolitan area 190 1.47 2.17 $25.94 $53,950
Northern Vermont nonmetropolitan area 110 1.54 2.27 $30.25 $62,910
West Central Pennsylvania nonmetropolitan area 110 0.69 1.02 $29.84 $62,070
Southwest Minnesota nonmetropolitan area 90 0.73 1.07 $24.87 $51,720

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 110 1.54 2.27 $30.25 $62,910
Central New York nonmetropolitan area 190 1.47 2.17 $25.94 $53,950
West Central Wisconsin nonmetropolitan area 230 1.31 1.93 $23.05 $47,950
Southwest Minnesota nonmetropolitan area 90 0.73 1.07 $24.87 $51,720
West Central Pennsylvania nonmetropolitan area 110 0.69 1.02 $29.84 $62,070

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)
Other New Hampshire nonmetropolitan area 50 0.55 0.82 $31.27 $65,050
Other Ohio nonmetropolitan area 40 0.16 0.24 $30.63 $63,700
Northern Vermont nonmetropolitan area 110 1.54 2.27 $30.25 $62,910
Northeastern Pennsylvania nonmetropolitan area 60 0.45 0.67 $30.08 $62,570
West Central Pennsylvania nonmetropolitan area 110 0.69 1.02 $29.84 $62,070


About May 2014 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 2014 National Occupational Employment and Wage Estimates

May 2014 State Occupational Employment and Wage Estimates

May 2014 Metropolitan and Nonmetropolitan Area Occupational Employment and Wage Estimates

May 2014 National Industry-Specific Occupational Employment and Wage Estimates

May 2014 Occupation Profiles

Technical Notes

Last Modified Date: March 25, 2015