Insurance Underwriter salary in Fargo, ND-MN
Insurance Underwriters in the Fargo, ND-MN metro area earn a median of $74,130 a year ($35.64 an hour), based on BLS data for 130 workers.
Pay ranges from $55,710 for the lowest-paid 10% to $136,950 for the top 10%. That is 9% lower than the national median of $81,370. Pay here is about the same as the North Dakota statewide median of $74,130. There are 0.84 insurance underwriters per 1,000 jobs here — the job is 1.2× more common than nationally. The average (mean) salary is $81,200, above the median because a few high earners pull it up.
Pay range for insurance underwriters in Fargo, ND-MN
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $55,710 | $26.79 |
| 25th percentile | $60,470 | $29.07 |
| Median | $74,130 | $35.64 |
| 75th percentile | $94,990 | $45.67 |
| 90th percentile (top earners) | $136,950 | $65.84 |
| Average (mean) | $81,200 | $39.04 |
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 | $6,177.50 |
| Semi-monthly (24 a year) | $3,088.75 |
| Biweekly (26 a year) | $2,851.15 |
| Weekly | $1,425.58 |
| Hourly | $35.64 |
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 |
|---|---|---|
| Minneapolis-St. Paul-Bloomington, MN-WI | $82,980 | 1,880 |
| Sioux Falls, SD-MN | $77,160 | 150 |
| Bismarck, ND | $66,930 | 50 |
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 North Dakota statewide figures.
Related jobs in Fargo, ND-MN
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $76,420 | $36.74 |
| Loan Officer | $93,640 | $45.02 |
| Personal Financial Advisor | $75,900 | $36.49 |
| Financial and Investment Analysts | $79,930 | $38.43 |
| Credit Analyst | $83,720 | $40.25 |
| Financial Examiner | $91,080 | $43.79 |
| Tax Preparer | $65,320 | $31.40 |
| Property Appraisers and Assessors | $80,980 | $38.93 |
| Financial Risk Specialist | $76,940 | $36.99 |
| Financial Specialists, All Other | $61,110 | $29.38 |
| Project Management Specialist | $97,430 | $46.84 |
| Market Research Analysts and Marketing Specialists | $61,680 | $29.65 |
| Business Operations Specialists, All Other | $73,920 | $35.54 |
| Human Resources Specialist | $76,550 | $36.80 |
More: Business and Financial Operations Occupations · all salaries in Fargo, ND-MN
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 Fargo, ND-MN?
The median salary for insurance underwriters in the Fargo, ND-MN metro area is $74,130 a year, or $35.64 an hour. Pay ranges from $55,710 for the lowest-paid 10% to $136,950 for the top 10%.
How much do the highest-paid insurance underwriters make in Fargo, ND-MN?
The top 10% of insurance underwriters in the Fargo, ND-MN metro area earn at least $136,950 a year. The top 25% earn $94,990 or more.
What is the starting pay for insurance underwriters in Fargo, ND-MN?
Entry-level pay (the 10th percentile) is about $55,710 a year, and a quarter of insurance underwriters earn $60,470 or less.
How many insurance underwriters work in Fargo, ND-MN?
About 130 insurance underwriters are employed in the Fargo, ND-MN metro area, not counting the self-employed.