How much does an insurance underwriter make in Baltimore?
$93,510a year
Median yearly pay for insurance underwriters in the Baltimore-Columbia-Towson, MD metro area. That is $44.96 an hour or $7,793 a month.
- Hourly
- $44.96
- Vs. national median
- +15%
- Rank among cities
- 28 of 142
- Jobs in the area
- 770
Pay range
Lowest 10%: $57,360Median: $93,510Highest 10%: $152,700
| Percentile | Yearly | Hourly | |
|---|---|---|---|
| 10th | $57,360 | $27.58 | |
| 25th | $68,930 | $33.14 | |
| Median | $93,510 | $44.96 | |
| 75th | $116,400 | $55.94 | |
| 90th | $152,700 | $73.41 |
Other cities in Maryland
Median yearly pay for insurance underwriters.
| Washington, DC | $90,990 |
| Philadelphia, PA | $84,580 |
| Hagerstown, MD | $80,770 |
Related jobs in Baltimore
Same field, median yearly pay.
| Financial Risk Specialist | $119,700 |
| Management Analyst | $117,800 |
| Project Management Specialist | $103,700 |
| Financial Examiner | $103,500 |
| Logistician | $102,700 |
| Personal Financial Advisor | $98,970 |
| Financial and Investment Analyst | $98,880 |
| Claims Adjuster | $98,700 |
| Business Operations Specialist | $98,060 |
| Budget Analyst | $96,150 |
Frequently asked questions
How much does an insurance underwriter make an hour in Baltimore?
The median hourly pay in the Baltimore-Columbia-Towson, MD metro area is $44.96 ($93,510 a year).
Do insurance underwriters make more in Baltimore than the national average?
Yes: $93,510 against $81,370 nationally, 15% more.
How does Baltimore compare with the rest of Maryland?
The median in Maryland is $92,120, so Baltimore pays 2% more.
Where does Baltimore rank for insurance underwriter pay?
28 of 142 metro areas with data.
How much does an insurance underwriter make starting out in Baltimore?
The lowest-paid 10% make $57,360 or less a year; the top 10% make $152,700 or more.
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS): pay in May 2025, published by BLS in 2026. Hourly pay is the yearly figure divided by 2,080 hours.