Insurance Underwriter salary in Kentucky
Insurance Underwriters in Kentucky earn a median of $79,830 a year ($38.38 an hour), based on BLS data for 900 workers.
Pay ranges from $46,550 for the lowest-paid 10% to $138,670 for the top 10%. That is 2% lower than the national median of $81,370. Kentucky ranks 23rd of 49 states for insurance underwriters pay. There are 0.45 insurance underwriters per 1,000 jobs here — the job is less common than nationally (location quotient 0.66). The average (mean) salary is $87,430, above the median because a few high earners pull it up.
Pay range for insurance underwriters in Kentucky
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $46,550 | $22.38 |
| 25th percentile | $57,910 | $27.84 |
| Median | $79,830 | $38.38 |
| 75th percentile | $100,990 | $48.55 |
| 90th percentile (top earners) | $138,670 | $66.67 |
| Average (mean) | $87,430 | $42.04 |
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 | $6,652.50 |
| Semi-monthly (24 a year) | $3,326.25 |
| Biweekly (26 a year) | $3,070.38 |
| Weekly | $1,535.19 |
| Hourly | $38.38 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Insurance Underwriter salary in cities in Kentucky
| Metro area | Median salary | Workers |
|---|---|---|
| Lexington-Fayette, KY | $100,990 | 290 |
| Cincinnati, OH-KY-IN | $82,110 | 1,690 |
| Louisville/Jefferson County, KY-IN | $76,450 | 430 |
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 |
Related jobs in Kentucky
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $75,270 | $36.19 |
| Loan Officer | $62,090 | $29.85 |
| Financial and Investment Analysts | $81,660 | $39.26 |
| Personal Financial Advisor | $67,150 | $32.29 |
| Tax Examiners and Collectors, and Revenue Agents | $57,240 | $27.52 |
| Tax Preparer | $36,620 | $17.60 |
| Financial Specialists, All Other | $65,690 | $31.58 |
| Financial Examiner | $76,260 | $36.66 |
| Budget Analyst | $76,860 | $36.95 |
| Financial Risk Specialist | $74,640 | $35.89 |
| Credit Analyst | $79,290 | $38.12 |
| Credit Counselor | $48,150 | $23.15 |
| Property Appraisers and Assessors | $58,850 | $28.29 |
| Human Resources Specialist | $69,010 | $33.18 |
More: Business and Financial Operations Occupations · all salaries in Kentucky
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 Kentucky?
The median salary for insurance underwriters in Kentucky is $79,830 a year, or $38.38 an hour. Pay ranges from $46,550 for the lowest-paid 10% to $138,670 for the top 10%.
How much do the highest-paid insurance underwriters make in Kentucky?
The top 10% of insurance underwriters in Kentucky earn at least $138,670 a year. The top 25% earn $100,990 or more.
What is the starting pay for insurance underwriters in Kentucky?
Entry-level pay (the 10th percentile) is about $46,550 a year, and a quarter of insurance underwriters earn $57,910 or less.
How many insurance underwriters work in Kentucky?
About 900 insurance underwriters are employed in Kentucky, not counting the self-employed.