Insurance Underwriter salary in Ann Arbor, MI
Insurance Underwriters in the Ann Arbor, MI metro area earn a median of $77,750 a year ($37.38 an hour), based on BLS data for 30 workers.
Pay ranges from $50,700 for the lowest-paid 10% to $149,540 for the top 10%. That is 4% lower than the national median of $81,370. Pay here is about the same as the Michigan statewide median of $77,380. There are 0.15 insurance underwriters per 1,000 jobs here — the job is less common than nationally (location quotient 0.23). The average (mean) salary is $90,590, above the median because a few high earners pull it up.
Pay range for insurance underwriters in Ann Arbor, MI
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $50,700 | $24.38 |
| 25th percentile | $65,120 | $31.31 |
| Median | $77,750 | $37.38 |
| 75th percentile | $114,010 | $54.81 |
| 90th percentile (top earners) | $149,540 | $71.89 |
| Average (mean) | $90,590 | $43.56 |
Half of insurance underwriters earn more than the median and half earn less. Percentiles show the spread: 10% earn less than the 10th percentile, and 10% earn more than the 90th.
Median paycheck, before taxes
| Pay period | Amount |
|---|---|
| Monthly | $6,479.17 |
| Semi-monthly (24 a year) | $3,239.58 |
| Biweekly (26 a year) | $2,990.38 |
| Weekly | $1,495.19 |
| Hourly | $37.38 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Insurance Underwriter salary in other metro areas nearby
| Metro area | Median salary | Workers |
|---|---|---|
| Detroit-Warren-Dearborn, MI | $80,180 | 1,070 |
| Grand Rapids-Wyoming-Kentwood, MI | $79,560 | 400 |
| Lansing-East Lansing, MI | $75,140 | 480 |
| Traverse City, MI | $69,500 | 100 |
Highest-paying states for insurance underwriters
| State | Median salary |
|---|---|
| Massachusetts | $106,640 |
| New Hampshire | $103,940 |
| Nevada | $101,440 |
| Connecticut | $100,690 |
| Colorado | $100,640 |
| Washington | $99,400 |
| New York | $97,450 |
| Wisconsin | $97,370 |
| New Jersey | $96,220 |
| Maine | $95,510 |
See Insurance Underwriter pay in every state or the Michigan statewide figures.
Related jobs in Ann Arbor, MI
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $80,040 | $38.48 |
| Financial and Investment Analysts | $98,620 | $47.42 |
| Loan Officer | $77,820 | $37.41 |
| Personal Financial Advisor | $95,840 | $46.08 |
| Credit Counselor | $59,570 | $28.64 |
| Financial Specialists, All Other | $66,080 | $31.77 |
| Budget Analyst | $127,860 | $61.47 |
| Property Appraisers and Assessors | $74,740 | $35.94 |
| Financial Risk Specialist | $125,020 | $60.11 |
| Tax Examiners and Collectors, and Revenue Agents | $67,390 | $32.40 |
| Credit Analyst | $77,070 | $37.06 |
| Project Management Specialist | $103,690 | $49.85 |
| Business Operations Specialists, All Other | $81,810 | $39.33 |
| Market Research Analysts and Marketing Specialists | $66,210 | $31.83 |
More: Business and Financial Operations Occupations · all salaries in Ann Arbor, MI
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 13-2053. Wages include base pay, tips, commissions and shift pay, but not overtime, bonuses or benefits, and exclude the self-employed.
Frequently asked questions
How much does a insurance underwriter make in Ann Arbor, MI?
The median salary for insurance underwriters in the Ann Arbor, MI metro area is $77,750 a year, or $37.38 an hour. Pay ranges from $50,700 for the lowest-paid 10% to $149,540 for the top 10%.
How much do the highest-paid insurance underwriters make in Ann Arbor, MI?
The top 10% of insurance underwriters in the Ann Arbor, MI metro area earn at least $149,540 a year. The top 25% earn $114,010 or more.
What is the starting pay for insurance underwriters in Ann Arbor, MI?
Entry-level pay (the 10th percentile) is about $50,700 a year, and a quarter of insurance underwriters earn $65,120 or less.
How many insurance underwriters work in Ann Arbor, MI?
About 30 insurance underwriters are employed in the Ann Arbor, MI metro area, not counting the self-employed.