Insurance Underwriters pay in Minneapolis-St. Paul-Bloomington
In Minneapolis-St. Paul-Bloomington (MN), the median pay for insurance underwriters is $39.90 an hour ($82,980 a year). About 1,880 people work in this job there.
That is 2% higher than the U.S. median ($81,370). It is 3% higher than the Minnesota median ($80,700).
Pay range for insurance underwriters in Minneapolis-St. Paul-Bloomington (MN)
| Earns more than | Hourly | Yearly |
|---|---|---|
| 10% of workers | $29.72 | $61,820 |
| 25% of workers | $36.79 | $76,530 |
| Half of workers (median) | $39.90 | $82,980 |
| 75% of workers | $60.17 | $125,140 |
| 90% of workers | $71.88 | $149,520 |
Insurance Underwriters pay in Minnesota metro areas
| Metro area | Median yearly pay | People in this job |
|---|---|---|
| Minneapolis-St. Paul-Bloomington (this page) | $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)
- Related work experience most have: 1 to 2 years (O*NET)
- 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 Minneapolis-St. Paul-Bloomington (MN)
| Job | Median yearly pay |
|---|---|
| Accountants and Auditors | $86,500 |
| Financial and Investment Analysts | $103,350 |
| Personal Financial Advisors | $103,410 |
| Loan Officers | $102,200 |
| Tax Examiners and Collectors, and Revenue Agents | $79,000 |
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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.