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Insurance Underwriters in Maryland

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Insurance Underwriters in Maryland

Want to work in Maryland as an Insurance Underwriter? Read this first!

6.5% Jobs Projection
$76,450 Median Salary
180 Job Openings

You’re in luck! Jobs for Insurance Underwriters in Maryland are projected to grow and these jobs tend to pay higher than average.

  • Projected employment for Insurance Underwriters in Maryland is growing faster than average.

  • Insurance Underwriters in Maryland earn higher salaries than the typical U.S. wage earner.

How Many Insurance Underwriters Work in Maryland?

1,310 people worked as Insurance Underwriters in 2018 in this state.

There were 1,500 Insurance Underwriters employed in this state in 2017.

That’s a decline of 190 jobs between 2017 and 2018.

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The typical state has 1,290 Insurance Underwriters working in it, which means Maryland has more Insurance Underwriters than average.

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Job Projections for Maryland

Jobs for Insurance Underwriters in this state are growing at a rate of 6.5% which is faster than the nationwide estimated projection of -5.3%.

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Maryland Annual Job Openings

The BLS is projecting 180 annual Insurance Underwriters job openings in Maryland, and 2,130 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 Maryland?

In 2018 wages for Insurance Underwriters ranged from $49,100 to $104,640 with $76,450 being the median annual salary.

Broken down to an hourly rate, workers in this field made anywhere from $23.61 to $50.31. The median hourly rate was $36.75.

Workers in this field were paid a median of $37.83 an hour in 2017.

The hourly rate declined by $1.08.

The median salary in Maryland is higher than the nationwide median salary.

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Top Maryland 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
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 3,170 $76,170
Washington-Arlington-Alexandria, DC-VA-MD-WV 1,220 $68,600
Baltimore-Columbia-Towson, MD 810 $83,190
Hagerstown-Martinsburg, MD-WV 30 $65,560

Top States for Insurance Underwriters Employment

The table below shows the states 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

Discover similar careers:

Occupation MD Employment Total

References

More about our data sources and methodologies.

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