Insurance Underwriters pay in Minnesota
In Minnesota, the median pay for insurance underwriters is $38.80 an hour ($80,700 a year). About 2,550 people work in this job there.
That is about the same as the U.S. median ($81,370). Minnesota ranks 21st of 49 states and territories for this job’s median pay.
Pay range for insurance underwriters in Minnesota
| Earns more than | Hourly | Yearly |
|---|---|---|
| 10% of workers | $29.01 | $60,350 |
| 25% of workers | $35.26 | $73,330 |
| Half of workers (median) | $38.80 | $80,700 |
| 75% of workers | $60.09 | $124,980 |
| 90% of workers | $66.69 | $138,710 |
Insurance Underwriters pay in Minnesota metro areas
| Metro area | Median yearly pay | People in this job |
|---|---|---|
| Minneapolis-St. Paul-Bloomington | $82,980 | 1,880 |
Minnesota unemployment rate: 4.4% (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 Minnesota
| Job | Median yearly pay |
|---|---|
| Accountants and Auditors | $81,600 |
| Financial and Investment Analysts | $102,990 |
| Loan Officers | $95,170 |
| Personal Financial Advisors | $102,660 |
| Property Appraisers and Assessors | $83,400 |
| Financial Examiners | $104,260 |
| Financial Risk Specialists | $105,420 |
| Tax Examiners and Collectors, and Revenue Agents | $79,000 |
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.