Updated March 23, 2023

Insurance Underwriters Salaries

Grand Rapids-Wyoming, Michigan, US

Average Base Pay


33.91% above national average

Additional Cash Compensation

Average: $70,540

Range: $50,060-$106,030


How much does a Insurance Underwriters role make in Grand Rapids-Wyoming, Michigan, US?

Career Ladder Pay for Insurance Underwriters Roles

A person in an entry-level Insurance Underwriters role with under one year of job experience can expect to make an average annual salary of $50,060. A Insurance Underwriters candidate with 1-4 years of experience makes an average total salary of $58,210. A person in a mid-career Insurance Underwriters role with 5-9 years of experience makes an average salary of $70,540 a year. Insurance Underwriters with 10 or more years of experience make an average of $85,220. In their late career (over 20 years of experience), a person in a Insurance Underwriters role’s annual salary averages $106,030 per year.

What is the average Insurance Underwriters salary in Grand Rapids-Wyoming, Michigan, US?

Average base salary, as of 2023 : $70,540

Salary Breakdown

  Average base salary (percentile)
Annual salary$17,635$35,270$52,905
Monthly salary$1,470$2,939$4,409
Weekly salary$367$735$1,102
Hourly salary$52$105$157

Where can a Insurance Underwriters role earn more money?


Similar jobs with comparable annual salaries.


Will extra certification for Insurance Underwriters roles boost salary?

While certifications are not required for every Insurance Underwriters position, they can certainly increase your salary and lead to an easier recruitment process when applying to enterprises that favor candidates with additional certifications.

Is the Insurance Underwriters position in high demand?

The current Bureau of Labor Statistics states the salary is $70,540 higher than the national average for Insurance Underwriters positions.

Is there advancement potential for a Insurance Underwriters role?

Yes, there is strong potential for promotion — either with an additional educational degree or with continued years of experience. There are a multitude of other positions Insurance Underwriters roles that can advance both internally and with another company.

Get Demo
Generic selectors
Exact matches only
Search in title
Search in content
Search in posts
Search in pages