Insurance Underwriter salary in Raleigh-Cary, NC
Insurance Underwriters in the Raleigh-Cary, NC metro area earn a median of $79,210 a year ($38.08 an hour), based on BLS data for 520 workers.
Pay ranges from $55,110 for the lowest-paid 10% to $129,030 for the top 10%. That is 3% lower than the national median of $81,370. Pay here is 3% higher than the North Carolina statewide median of $77,120. There are 0.69 insurance underwriters per 1,000 jobs here — close to the national average. The average (mean) salary is $84,810, above the median because a few high earners pull it up.
Pay range for insurance underwriters in Raleigh-Cary, NC
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $55,110 | $26.50 |
| 25th percentile | $61,730 | $29.68 |
| Median | $79,210 | $38.08 |
| 75th percentile | $101,060 | $48.59 |
| 90th percentile (top earners) | $129,030 | $62.04 |
| Average (mean) | $84,810 | $40.77 |
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 | $6,600.83 |
| Semi-monthly (24 a year) | $3,300.42 |
| Biweekly (26 a year) | $3,046.54 |
| Weekly | $1,523.27 |
| Hourly | $38.08 |
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 |
|---|---|---|
| Charlotte-Concord-Gastonia, NC-SC | $80,080 | 1,140 |
| Durham-Chapel Hill, NC | $79,830 | 60 |
| Virginia Beach-Chesapeake-Norfolk, VA-NC | $77,980 | 470 |
| Greensboro-High Point, NC | $75,930 | 150 |
| Winston-Salem, NC | $75,840 | 140 |
| Burlington, NC | $58,790 | 40 |
| Goldsboro, NC | $58,110 | 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 Carolina statewide figures.
Related jobs in Raleigh-Cary, NC
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $81,950 | $39.40 |
| Personal Financial Advisor | $104,780 | $50.37 |
| Loan Officer | $77,330 | $37.18 |
| Financial and Investment Analysts | $99,200 | $47.69 |
| Financial Specialists, All Other | $77,800 | $37.40 |
| Budget Analyst | $80,590 | $38.74 |
| Financial Examiner | $81,100 | $38.99 |
| Tax Examiners and Collectors, and Revenue Agents | $63,810 | $30.68 |
| Financial Risk Specialist | $100,260 | $48.20 |
| Property Appraisers and Assessors | $76,760 | $36.90 |
| Credit Analyst | $80,630 | $38.77 |
| Credit Counselor | $42,190 | $20.29 |
| Tax Preparer | $47,290 | $22.73 |
| Business Operations Specialists, All Other | $80,390 | $38.65 |
More: Business and Financial Operations Occupations · all salaries in Raleigh-Cary, NC
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 Raleigh-Cary, NC?
The median salary for insurance underwriters in the Raleigh-Cary, NC metro area is $79,210 a year, or $38.08 an hour. Pay ranges from $55,110 for the lowest-paid 10% to $129,030 for the top 10%.
How much do the highest-paid insurance underwriters make in Raleigh-Cary, NC?
The top 10% of insurance underwriters in the Raleigh-Cary, NC metro area earn at least $129,030 a year. The top 25% earn $101,060 or more.
What is the starting pay for insurance underwriters in Raleigh-Cary, NC?
Entry-level pay (the 10th percentile) is about $55,110 a year, and a quarter of insurance underwriters earn $61,730 or less.
How many insurance underwriters work in Raleigh-Cary, NC?
About 520 insurance underwriters are employed in the Raleigh-Cary, NC metro area, not counting the self-employed.