Insurance Underwriter salary in Maine
Insurance Underwriters in Maine earn a median of $95,510 a year ($45.92 an hour), based on BLS data for 520 workers.
Pay ranges from $62,730 for the lowest-paid 10% to $133,390 for the top 10%. That is 17% higher than the national median of $81,370. Maine ranks 10th of 49 states for insurance underwriters pay. There are 0.82 insurance underwriters per 1,000 jobs here — the job is 1.2× more common than nationally. The average (mean) salary is $94,640, close to the median.
Pay range for insurance underwriters in Maine
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $62,730 | $30.16 |
| 25th percentile | $71,100 | $34.18 |
| Median | $95,510 | $45.92 |
| 75th percentile | $109,400 | $52.60 |
| 90th percentile (top earners) | $133,390 | $64.13 |
| Average (mean) | $94,640 | $45.50 |
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 | $7,959.17 |
| Semi-monthly (24 a year) | $3,979.58 |
| Biweekly (26 a year) | $3,673.46 |
| Weekly | $1,836.73 |
| Hourly | $45.92 |
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 Maine
| Metro area | Median salary | Workers |
|---|---|---|
| Portland-South Portland, ME | $92,490 | 330 |
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 Maine
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $77,480 | $37.25 |
| Financial Specialists, All Other | $109,060 | $52.43 |
| Loan Officer | $81,900 | $39.38 |
| Financial and Investment Analysts | $88,320 | $42.46 |
| Tax Examiners and Collectors, and Revenue Agents | $63,290 | $30.43 |
| Credit Analyst | $81,750 | $39.30 |
| Tax Preparer | $47,150 | $22.67 |
| Financial Examiner | $80,840 | $38.87 |
| Property Appraisers and Assessors | $80,930 | $38.91 |
| Budget Analyst | $88,130 | $42.37 |
| Credit Counselor | $55,490 | $26.68 |
| Financial Risk Specialist | $141,020 | $67.80 |
| Business Operations Specialists, All Other | $78,830 | $37.90 |
| Human Resources Specialist | $71,630 | $34.44 |
More: Business and Financial Operations Occupations · all salaries in Maine
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 Maine?
The median salary for insurance underwriters in Maine is $95,510 a year, or $45.92 an hour. Pay ranges from $62,730 for the lowest-paid 10% to $133,390 for the top 10%.
How much do the highest-paid insurance underwriters make in Maine?
The top 10% of insurance underwriters in Maine earn at least $133,390 a year. The top 25% earn $109,400 or more.
What is the starting pay for insurance underwriters in Maine?
Entry-level pay (the 10th percentile) is about $62,730 a year, and a quarter of insurance underwriters earn $71,100 or less.
How many insurance underwriters work in Maine?
About 520 insurance underwriters are employed in Maine, not counting the self-employed.