Insurance Underwriters in Maine
Is Maine a good place for you to work as an Insurance Underwriter?
While jobs for Insurance Underwriters in Maine are decreasing, those who do work in these jobs get paid higher than average.
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Employment for Insurance Underwriters in Maine is expected to decrease.
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Insurance Underwriters in Maine earn higher salaries than the typical U.S. wage earner.
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How Many Insurance Underwriters Work in Maine?
440 people worked as Insurance Underwriters in 2018 in this state.
There were 370 Insurance Underwriters employed in this state in 2017.
That’s growth of 70 jobs between 2017 and 2018.
The typical state has 1,290 Insurance Underwriters working in it, which means Maine has fewer Insurance Underwriters than average.
Job Projections for Maine
Jobs for Insurance Underwriters in this state are declining at a rate of 12.5% which is a faster decline than the nationwide estimated projection of -5.3%.
Maine Annual Job Openings
The BLS estimates there will be 30 annual job openings, and 350 total jobs in 2026 for Insurance Underwriters in this state.
Nationwide, the prediction is 7,500 annual jobs and 98,600 total jobs in 2026.
What do Insurance Underwriters Make in Maine?
In 2018 wages for Insurance Underwriters ranged from $40,850 to $100,210 with $65,040 being the median annual salary.
Broken down to an hourly rate, workers in this field made anywhere from $19.64 to $48.18. The median hourly rate was $31.27.
In 2017 the median pay for this field was $30.36 an hour.
The hourly rate grew by $0.91.
The median salary in Maine is higher than the nationwide median salary.
Top Maine Metros for Insurance Underwriters
The table below shows some of the metros in this state with the most Insurance Underwriters.
| Metro | Number Employed | Annual Median Salary |
|---|---|---|
| Portland-South Portland, ME | 360 | $67,550 |
| Lewiston-Auburn, ME | 30 | n/a |
Top States for Insurance Underwriters Employment
The table below shows the states where most Insurance Underwriters work.
| State | Number Employed | Annual Median Salary |
|---|---|---|
| California | 9,130 | $78,750 |
| New York | 8,430 | $78,420 |
| Texas | 7,560 | $61,240 |
| Georgia | 6,020 | $73,910 |
| Illinois | 5,780 | $70,410 |
| Florida | 4,970 | $63,790 |
| Pennsylvania | 4,640 | $71,070 |
| Ohio | 4,630 | $68,190 |
| New Jersey | 3,190 | $79,930 |
| Connecticut | 2,940 | $70,980 |
| Massachusetts | 2,410 | $76,760 |
| Missouri | 2,320 | $64,660 |
| Wisconsin | 2,260 | $63,490 |
| Virginia | 2,180 | $64,260 |
| North Carolina | 2,010 | $71,570 |
| Iowa | 1,850 | $67,020 |
| Minnesota | 1,620 | $63,820 |
| Washington | 1,610 | $76,110 |
| Arizona | 1,570 | $71,400 |
| Nebraska | 1,530 | $59,960 |
Below are the states where Insurance Underwriters get paid the most:
| State | Annual Median Salary |
|---|---|
| New Hampshire | $80,530 |
| District of Columbia | $80,410 |
| New Jersey | $79,930 |
| California | $78,750 |
| New York | $78,420 |
| Massachusetts | $76,760 |
| Maryland | $76,450 |
| Washington | $76,110 |
| South Dakota | $74,810 |
| Georgia | $73,910 |
Related Careers in ME
Discover similar careers:
| Occupation | ME Employment Total |
|---|
What Major Will Prepare You For an Insurance Underwriter Career?
References
- Bureau of Labor Statistics (BLS)
- College Factual
- National Center for Education Statistics
- O*NET Online
- Image Credit: By Nick Youngson under License
More about our data sources and methodologies.
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