The average salary for a underwriter in Indiana is around $76,060 per year.
Avg Salary
Underwriters earn an average yearly salary of $76,060.
Wages typically start from $48,630 and go up to $103,410.
20% above national average Updated in 2021
Underwriter earnings by seniority
90th percentile
Top-level underwriter earnings begin at:
$49.72 per hour
$103,410 per year
75th percentile
Senior-level underwriter earnings begin at:
$45.75 per hour
$95,160 per year
50th percentile
Mid-level underwriter earnings begin at:
$36.57 per hour
$76,060 per year
25th percentile
Junior-level underwriter earnings begin at:
$29.11 per hour
$60,550 per year
10th percentile
Starting level underwriter earnings begin at:
$23.38 per hour
$48,630 per year
Approximate values based on highest and lowest earning segments.
Underwriter salary by state
| State Name | Average Salary |
|---|---|
| District of Columbia | $98,760 |
| New York | $97,070 |
| Massachusetts | $96,780 |
| Connecticut | $81,410 |
| Washington | $80,960 |
| California | $80,820 |
| Oregon | $80,160 |
| New Jersey | $80,070 |
| Nevada | $78,680 |
| Colorado | $78,160 |
| Rhode Island | $78,060 |
| New Hampshire | $77,740 |
| Wisconsin | $77,450 |
| Maryland | $77,370 |
| Ohio | $77,050 |
| Pennsylvania | $77,030 |
| Maine | $76,840 |
| Georgia | $76,710 |
| Indiana | $76,060 |
| South Dakota | $76,060 |
| Kansas | $75,370 |
| North Carolina | $73,430 |
| Arizona | $72,640 |
| Arkansas | $72,170 |
| Oklahoma | $70,250 |
| Texas | $69,610 |
| Minnesota | $67,270 |
| Alaska | $63,960 |
| Vermont | $63,960 |
| Utah | $63,850 |
| Nebraska | $63,300 |
| Florida | $63,290 |
| Michigan | $63,240 |
| Tennessee | $62,390 |
| Iowa | $62,320 |
| Alabama | $62,020 |
| Virginia | $62,020 |
| Hawaii | $61,340 |
| New Mexico | $61,320 |
| North Dakota | $60,550 |
| Illinois | $60,490 |
| South Carolina | $60,490 |
| Mississippi | $60,380 |
| Missouri | $60,310 |
| Kentucky | $59,130 |
| Louisiana | $57,660 |
| Idaho | $49,490 |
| Wyoming | $49,150 |
| Montana | $48,630 |
| Puerto Rico | $46,710 |
| West Virginia | $38,770 |
| Guam | $30,780 |
| Delaware | $103,670 |
How do underwriter salaries compare to similar careers?
Underwriters earn about the same as related careers in Indiana. On average, they make less than financial quantitative analysts but more than credit analysts.
| Career | Median Salary |
|---|---|
| Financial quantitative analyst salary | $78K |
| Fraud analyst salary | $78K |
| Investment banker salary | $78K |
| Risk management specialist salary | $78K |
| Loan officer salary | $61K |
| Underwriter salary | $76K |
| Accountant salary | $64K |
| Auditor salary | $64K |
| Cost estimator salary | $62K |
| Credit analyst salary | $61K |
Source: CareerExplorer (Aggregated)