How much does an insurance underwriter make in Minneapolis?
$82,980a year
Median yearly pay for insurance underwriters in the Minneapolis-St. Paul-Bloomington, MN-WI metro area. That is $39.89 an hour or $6,915 a month.
- Hourly
- $39.89
- Vs. national median
- +2%
- Rank among cities
- 43 of 142
- Jobs in the area
- 1,880
Pay range
Lowest 10%: $61,820Median: $82,980Highest 10%: $149,500
| Percentile | Yearly | Hourly | |
|---|---|---|---|
| 10th | $61,820 | $29.72 | |
| 25th | $76,530 | $36.79 | |
| Median | $82,980 | $39.89 | |
| 75th | $125,100 | $60.16 | |
| 90th | $149,500 | $71.88 |
Other cities in Minnesota
Median yearly pay for insurance underwriters.
| Sioux Falls, SD | $77,160 |
| Fargo, ND | $74,130 |
Related jobs in Minneapolis
Same field, median yearly pay.
| Financial Risk Specialist | $105,400 |
| Financial Examiner | $104,300 |
| Personal Financial Advisor | $103,400 |
| Financial and Investment Analyst | $103,400 |
| Loan Officer | $102,200 |
| Management Analyst | $101,600 |
| Labor Relations Specialist | $101,300 |
| Property Appraiser and Assessor | $99,800 |
| Market Research Analyst and Marketing Specialist | $97,910 |
| Project Management Specialist | $97,860 |
Frequently asked questions
How much does an insurance underwriter make an hour in Minneapolis?
The median hourly pay in the Minneapolis-St. Paul-Bloomington, MN-WI metro area is $39.89 ($82,980 a year).
Do insurance underwriters make more in Minneapolis than the national average?
Yes: $82,980 against $81,370 nationally, 2% more.
How does Minneapolis compare with the rest of Minnesota?
The median in Minnesota is $80,700, so Minneapolis pays 3% more.
Where does Minneapolis rank for insurance underwriter pay?
43 of 142 metro areas with data.
How much does an insurance underwriter make starting out in Minneapolis?
The lowest-paid 10% make $61,820 or less a year; the top 10% make $149,500 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.