How much does an insurance underwriter make in Memphis?
$80,160a year
Median yearly pay for insurance underwriters in the Memphis, TN-MS-AR metro area. That is $38.54 an hour or $6,680 a month.
- Hourly
- $38.54
- Vs. national median
- -1%
- Rank among cities
- 56 of 142
- Jobs in the area
- 130
Pay range
Lowest 10%: $59,350Median: $80,160Highest 10%: $103,800
| Percentile | Yearly | Hourly | |
|---|---|---|---|
| 10th | $59,350 | $28.53 | |
| 25th | $59,360 | $28.54 | |
| Median | $80,160 | $38.54 | |
| 75th | $97,780 | $47.01 | |
| 90th | $103,800 | $49.88 |
Other cities in Tennessee
Median yearly pay for insurance underwriters.
| Chattanooga, TN | $102,500 |
| Nashville, TN | $79,870 |
| Knoxville, TN | $73,880 |
Related jobs in Memphis
Same field, median yearly pay.
| Financial Examiner | $102,400 |
| Personal Financial Advisor | $100,100 |
| Management Analyst | $94,980 |
| Budget Analyst | $93,450 |
| Financial and Investment Analyst | $91,180 |
| Financial Risk Specialist | $88,910 |
| Project Management Specialist | $85,130 |
| Claims Adjuster | $78,850 |
| Accountant and Auditor | $76,960 |
| Cost Estimator | $76,660 |
Frequently asked questions
How much does an insurance underwriter make an hour in Memphis?
The median hourly pay in the Memphis, TN-MS-AR metro area is $38.54 ($80,160 a year).
Do insurance underwriters make more in Memphis than the national average?
No: $80,160 against $81,370 nationally, 1% less.
How does Memphis compare with the rest of Tennessee?
The median in Tennessee is $78,840, so Memphis pays 2% more.
Where does Memphis rank for insurance underwriter pay?
56 of 142 metro areas with data.
How much does an insurance underwriter make starting out in Memphis?
The lowest-paid 10% make $59,350 or less a year; the top 10% make $103,800 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.