How much does an insurance underwriter make in Indianapolis?
$79,280a year
Median yearly pay for insurance underwriters in the Indianapolis-Carmel-Greenwood, IN metro area. That is $38.12 an hour or $6,607 a month.
- Hourly
- $38.12
- Vs. national median
- -3%
- Rank among cities
- 69 of 142
- Jobs in the area
- 1,150
Pay range
Lowest 10%: $48,620Median: $79,280Highest 10%: $107,000
| Percentile | Yearly | Hourly | |
|---|---|---|---|
| 10th | $48,620 | $23.38 | |
| 25th | $63,060 | $30.32 | |
| Median | $79,280 | $38.12 | |
| 75th | $98,030 | $47.13 | |
| 90th | $107,000 | $51.44 |
Other cities in Indiana
Median yearly pay for insurance underwriters.
| Chicago, IL | $99,840 |
| Lafayette, IN | $95,130 |
| Cincinnati, OH | $82,110 |
| Louisville, KY | $76,450 |
| Fort Wayne, IN | $64,490 |
Related jobs in Indianapolis
Same field, median yearly pay.
| Personal Financial Advisor | $102,600 |
| Financial Risk Specialist | $101,900 |
| Project Management Specialist | $99,710 |
| Management Analyst | $97,020 |
| Financial Specialist | $95,410 |
| Budget Analyst | $87,280 |
| Compliance Officer | $83,690 |
| Financial Examiner | $83,570 |
| Business Operations Specialist | $81,520 |
| Financial and Investment Analyst | $80,470 |
Frequently asked questions
How much does an insurance underwriter make an hour in Indianapolis?
The median hourly pay in the Indianapolis-Carmel-Greenwood, IN metro area is $38.12 ($79,280 a year).
Do insurance underwriters make more in Indianapolis than the national average?
No: $79,280 against $81,370 nationally, 3% less.
How does Indianapolis compare with the rest of Indiana?
The median in Indiana is $77,440, so Indianapolis pays 2% more.
Where does Indianapolis rank for insurance underwriter pay?
69 of 142 metro areas with data.
How much does an insurance underwriter make starting out in Indianapolis?
The lowest-paid 10% make $48,620 or less a year; the top 10% make $107,000 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.