Insurance Underwriters pay in Tennessee

In Tennessee, the median pay for insurance underwriters is $37.91 an hour ($78,840 a year). About 1,250 people work in this job there.

$37.91Median hourly pay
$60,540–$100,640Middle half of workers, yearly
1,250People in this job in Tennessee

That is 3% lower than the U.S. median ($81,370). Tennessee ranks 29th of 49 states and territories for this job’s median pay.

Pay range for insurance underwriters in Tennessee

Earns more thanHourlyYearly
10% of workers$24.13$50,200
25% of workers$29.11$60,540
Half of workers (median)$37.91$78,840
75% of workers$48.38$100,640
90% of workers$59.21$123,150

Insurance Underwriters pay in Tennessee metro areas

Metro areaMedian yearly payPeople in this job
Chattanooga$102,460110
Memphis$80,160130
Nashville-Davidson--Murfreesboro--Franklin$79,870620
Knoxville$73,880150

Tennessee unemployment rate: 3.4% (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 Tennessee

JobMedian yearly pay
Accountants and Auditors$76,840
Loan Officers$62,800
Financial and Investment Analysts$92,990
Personal Financial Advisors$84,160
Financial Specialists, All Other$69,240
Tax Examiners and Collectors, and Revenue Agents$51,630
Credit Analysts$72,550
Tax Preparers$36,600

Other job titles for this job

Account Manager UnderwriterAccount UnderwriterAutomobile and Property UnderwriterBond UnderwriterCasualty UnderwriterCommercial Credit UnderwriterCommercial Insurance UnderwriterCommercial Lines UnderwriterCommercial UnderwriterCredit UnderwriterDirect Endorsement UnderwriterDe Underwriter

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Source: 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.