Insurance Underwriters in Michigan
Is Michigan a good place for you to work as an Insurance Underwriter?
While jobs for Insurance Underwriters in Michigan are decreasing, those who do work in these jobs get paid higher than average.
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Employment for Insurance Underwriters in Michigan is expected to decrease.
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Insurance Underwriters in Michigan earn higher salaries than the typical U.S. wage earner.
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How Many Insurance Underwriters Work in Michigan?
There were 2,060 Insurance Underwriters employed in this state in 2017.
Job Projections for Michigan
Jobs for Insurance Underwriters in this state are declining at a rate of 4.8% which is a slower decline than the nationwide estimated projection of
Michigan Annual Job Openings
The BLS is projecting 140 annual Insurance Underwriters job openings in Michigan, and 1,800 total jobs in the year 2026.
Nationwide, the prediction is 7,500 annual jobs and 98,600 total jobs in 2026.
What do Insurance Underwriters Make in Michigan?
In 2018 wages for Insurance Underwriters ranged from $44,180 to $103,140 with $65,450 being the median annual salary.
Broken down to an hourly rate, workers in this field made anywhere from $21.24 to $49.59. The median hourly rate was $31.47.
In 2017 the median pay for this field was $28.34 an hour.
The hourly rate grew by $3.13.
The median salary in Michigan is higher than the nationwide median salary.
Top Michigan 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 |
|---|---|---|
| Lansing-East Lansing, MI | 720 | $60,600 |
| Grand Rapids-Wyoming, MI | 450 | $70,540 |
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 MI
You may also be interested in the following careers:
| Occupation | MI 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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