Insurance Underwriters Salary in Maine
SOC 13-2053 · Maine · BLS OEWS May 2024
The median salary for Insurance Underwriters in Maine is $96,595 per year ($46.44/hr). This is 20.9% higher than the national median of $79,872. The middle 50% earn between $65,832 and $129,938 annually. Top earners at the 90th percentile reach $133,162.
Wage Percentiles: Maine
| Percentile | Hourly Rate | Annual Salary | vs National |
|---|---|---|---|
| P10 | $29.38 | $61,110 | +18.3% |
| P25 | $31.65 | $65,832 | +4.4% |
| P50MEDIAN | $46.44 | $96,595 | +20.9% |
| P75 | $62.47 | $129,938 | +23.9% |
| P90 | $64.02 | $133,162 | -3.5% |
Market Context Signal
Financial activities openings fell 28K but hiring actually rose 40K, bucking the broader downtrend. Quit rates at 1.2% signal deep employee retention. One of the most employer-favorable sectors.
Frequently Asked Questions
What is the median insurance underwriters salary in Maine?
The median (P50) annual salary for Insurance Underwriters in Maine is approximately $96,595, based on BLS OEWS May 2024 data adjusted for regional cost factors. This is 20.9% higher than the national median of $79,872.
What is the salary range for entry-level insurance underwriters in Maine?
Entry-level Insurance Underwriters (10th percentile) in Maine earn approximately $61,110 per year. The 25th percentile is $65,832. Top earners (90th percentile) reach $133,162.
How does Maine compare to the national average for insurance underwriters?
Maine pays 20.9% higher than the national average. The national P50 is $79,872 vs $96,595 in Maine. Based on BLS national data adjusted for regional cost factors.
Insurance Underwriters Salary by Location
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