Insurance Underwriter salary in Phoenix-Mesa-Chandler, AZ
Insurance Underwriters in the Phoenix-Mesa-Chandler, AZ metro area earn a median of $77,740 a year ($37.38 an hour), based on BLS data for 3,030 workers.
Pay ranges from $58,770 for the lowest-paid 10% to $127,450 for the top 10%. That is 4% lower than the national median of $81,370. Pay here is about the same as the Arizona statewide median of $77,740. There are 1.3 insurance underwriters per 1,000 jobs here — the job is 1.9× more common than nationally. The average (mean) salary is $86,030, above the median because a few high earners pull it up.
Pay range for insurance underwriters in Phoenix-Mesa-Chandler, AZ
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $58,770 | $28.25 |
| 25th percentile | $62,630 | $30.11 |
| Median | $77,740 | $37.38 |
| 75th percentile | $101,390 | $48.75 |
| 90th percentile (top earners) | $127,450 | $61.27 |
| Average (mean) | $86,030 | $41.36 |
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 | $6,478.33 |
| Semi-monthly (24 a year) | $3,239.17 |
| Biweekly (26 a year) | $2,990 |
| Weekly | $1,495 |
| 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 |
|---|---|---|
| Tucson, AZ | $75,560 | 110 |
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 Arizona statewide figures.
Related jobs in Phoenix-Mesa-Chandler, AZ
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $80,820 | $38.86 |
| Loan Officer | $61,850 | $29.73 |
| Personal Financial Advisor | $103,680 | $49.85 |
| Financial and Investment Analysts | $94,700 | $45.53 |
| Credit Analyst | $77,020 | $37.03 |
| Financial Examiner | $80,490 | $38.70 |
| Tax Preparer | $44,770 | $21.52 |
| Financial Risk Specialist | $101,990 | $49.03 |
| Property Appraisers and Assessors | $51,250 | $24.64 |
| Credit Counselor | $54,110 | $26.02 |
| Financial Specialists, All Other | $81,440 | $39.15 |
| Budget Analyst | $84,810 | $40.78 |
| Tax Examiners and Collectors, and Revenue Agents | $95,060 | $45.70 |
| Project Management Specialist | $100,780 | $48.45 |
More: Business and Financial Operations Occupations · all salaries in Phoenix-Mesa-Chandler, AZ
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 Phoenix-Mesa-Chandler, AZ?
The median salary for insurance underwriters in the Phoenix-Mesa-Chandler, AZ metro area is $77,740 a year, or $37.38 an hour. Pay ranges from $58,770 for the lowest-paid 10% to $127,450 for the top 10%.
How much do the highest-paid insurance underwriters make in Phoenix-Mesa-Chandler, AZ?
The top 10% of insurance underwriters in the Phoenix-Mesa-Chandler, AZ metro area earn at least $127,450 a year. The top 25% earn $101,390 or more.
What is the starting pay for insurance underwriters in Phoenix-Mesa-Chandler, AZ?
Entry-level pay (the 10th percentile) is about $58,770 a year, and a quarter of insurance underwriters earn $62,630 or less.
How many insurance underwriters work in Phoenix-Mesa-Chandler, AZ?
About 3,030 insurance underwriters are employed in the Phoenix-Mesa-Chandler, AZ metro area, not counting the self-employed.