Insurance Underwriters in Maryland
Considering a career as an Insurance Underwriter in Maryland?
You’re in luck! Jobs for Insurance Underwriters in Maryland are projected to grow and these jobs tend to pay higher than average.
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Projected employment for Insurance Underwriters in Maryland is growing faster than average.
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Insurance Underwriters in Maryland earn higher salaries than the typical U.S. wage earner.
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How Many Insurance Underwriters Work in Maryland?
There were approximately 1,310 workers employed as Insurance Underwriters in this state in 2018.
There were 1,500 Insurance Underwriters employed in this state in 2017.
That’s a decline of 190 jobs between 2017 and 2018.
The typical state has 1,290 Insurance Underwriters working in it, which means Maryland has more Insurance Underwriters than average.
Job Projections for Maryland
Jobs for Insurance Underwriters in this state are growing at a rate of 6.5% which is faster than the nationwide estimated projection of -5.3%.
Maryland Annual Job Openings
The BLS estimates there will be 180 annual job openings, and 2,130 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 Maryland?
In 2018 wages for Insurance Underwriters ranged from $49,100 to $104,640 with $76,450 being the median annual salary.
Broken down to an hourly rate, workers in this field made anywhere from $23.61 to $50.31. The median hourly rate was $36.75.
In 2017 the median pay for this field was $37.83 an hour.
The hourly rate declined by $1.08.
The median salary in Maryland is higher than the nationwide median salary.
Top Maryland 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 |
|---|---|---|
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD | 3,170 | $76,170 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV | 1,220 | $68,600 |
| Baltimore-Columbia-Towson, MD | 810 | $83,190 |
| Hagerstown-Martinsburg, MD-WV | 30 | $65,560 |
Top States for Insurance Underwriters Employment
View the list below to see 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 MD
You may also be interested in the following careers:
| Occupation | MD Employment Total |
|---|
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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