Insurance Underwriters pay in Michigan
In Michigan, the median pay for insurance underwriters is $37.20 an hour ($77,380 a year). About 2,590 people work in this job there.
That is 5% lower than the U.S. median ($81,370). Michigan ranks 34th of 49 states and territories for this job’s median pay.
Pay range for insurance underwriters in Michigan
| Earns more than | Hourly | Yearly |
|---|---|---|
| 10% of workers | $24.50 | $50,960 |
| 25% of workers | $29.77 | $61,910 |
| Half of workers (median) | $37.20 | $77,380 |
| 75% of workers | $48.01 | $99,850 |
| 90% of workers | $59.35 | $123,440 |
Insurance Underwriters pay in Michigan metro areas
| Metro area | Median yearly pay | People in this job |
|---|---|---|
| Detroit-Warren-Dearborn | $80,180 | 1,070 |
| Grand Rapids-Wyoming-Kentwood | $79,560 | 400 |
| Ann Arbor | $77,750 | 30 |
| Lansing-East Lansing | $75,140 | 480 |
| Traverse City | $69,500 | 100 |
Michigan unemployment rate: 5% (August 2026), U.S. Bureau of Labor Statistics.
Education, experience and outlook for insurance underwriters
- Typical education to start: Bachelor's degree (BLS)
- Training on the job: Moderate-term on-the-job training (BLS)
- Job outlook: -3.8% over ten years, declining · about 6,800 openings a year (BLS)
Related jobs in Michigan
| Job | Median yearly pay |
|---|---|
| Accountants and Auditors | $78,820 |
| Loan Officers | $74,470 |
| Financial and Investment Analysts | $95,420 |
| Personal Financial Advisors | $77,930 |
| Financial Specialists, All Other | $75,040 |
| Property Appraisers and Assessors | $64,270 |
| Tax Preparers | $46,400 |
| Credit Analysts | $74,640 |
Other job titles for this job
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Post a job freeFind jobsCheck pay for any jobSource: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates. Figures are for wage and salary workers and do not include the self-employed. The median is the middle wage: half earn more, half earn less. Other job titles: O*NET 31.0 Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA), used under the CC BY 4.0 license; O*NET® is a trademark of USDOL/ETA. JAI Bot has modified this information; USDOL/ETA has not approved, endorsed, or tested these modifications.