Insurance Underwriters in Rhode Island
Is Rhode Island a good place for you to work as an Insurance Underwriter?
While jobs for Insurance Underwriters in Rhode Island are decreasing, those who do work in these jobs get paid higher than average.
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Employment for Insurance Underwriters in Rhode Island is expected to decrease.
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Insurance Underwriters in Rhode Island earn higher salaries than the typical U.S. wage earner.
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How Many Insurance Underwriters Work in Rhode Island?
There were approximately 510 workers employed as Insurance Underwriters in this state in 2018.
There were 440 Insurance Underwriters employed in this state in 2017.
That’s growth of 70 jobs between 2017 and 2018.
The typical state has 1,290 Insurance Underwriters working in it, which means Rhode Island has fewer Insurance Underwriters than average.
Job Projections for Rhode Island
Jobs for Insurance Underwriters in this state are declining at a rate of 2.4% which is a slower decline than the nationwide estimated projection of
Rhode Island Annual Job Openings
The BLS is projecting 30 annual Insurance Underwriters job openings in Rhode Island, and 410 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 Rhode Island?
In 2018 wages for Insurance Underwriters ranged from $46,870 to $98,880 with $68,040 being the median annual salary.
Broken down to an hourly rate, workers in this field made anywhere from $22.53 to $47.54. The median hourly rate was $32.71.
Workers in this field were paid a median of $34.27 an hour in 2017.
The hourly rate declined by $1.56.
The median salary in Rhode Island is higher than the nationwide median salary.
Top Rhode Island 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 |
|---|---|---|
| Providence-Warwick, RI-MA | 510 | $69,010 |
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 |
Related Careers in RI
Discover similar careers:
| Occupation | RI Employment Total |
|---|
References
- Bureau of Labor Statistics (BLS)
- College Factual
- National Center for Education Statistics
- O*NET Online
- Image Credit: By Nick Youngson under License
More about our data sources and methodologies.
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