Insurance Underwriter salary in Rhode Island
Insurance Underwriters in Rhode Island earn a median of $84,720 a year ($40.73 an hour), based on BLS data for 250 workers.
Pay ranges from $50,240 for the lowest-paid 10% to $138,930 for the top 10%. That is 4% higher than the national median of $81,370. Rhode Island ranks 15th of 49 states for insurance underwriters pay. There are 0.50 insurance underwriters per 1,000 jobs here — the job is less common than nationally (location quotient 0.74). The average (mean) salary is $91,620, above the median because a few high earners pull it up.
Pay range for insurance underwriters in Rhode Island
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $50,240 | $24.16 |
| 25th percentile | $63,920 | $30.73 |
| Median | $84,720 | $40.73 |
| 75th percentile | $103,950 | $49.98 |
| 90th percentile (top earners) | $138,930 | $66.79 |
| Average (mean) | $91,620 | $44.05 |
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 | $7,060 |
| Semi-monthly (24 a year) | $3,530 |
| Biweekly (26 a year) | $3,258.46 |
| Weekly | $1,629.23 |
| Hourly | $40.73 |
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 Rhode Island
| Metro area | Median salary | Workers |
|---|---|---|
| Providence-Warwick, RI-MA | $85,150 | 280 |
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 Rhode Island
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $95,820 | $46.07 |
| Financial and Investment Analysts | $100,550 | $48.34 |
| Loan Officer | $77,250 | $37.14 |
| Personal Financial Advisor | $80,200 | $38.56 |
| Financial Specialists, All Other | $78,990 | $37.98 |
| Financial Risk Specialist | $104,470 | $50.23 |
| Financial Examiner | $94,130 | $45.26 |
| Property Appraisers and Assessors | $75,900 | $36.49 |
| Tax Examiners and Collectors, and Revenue Agents | $69,870 | $33.59 |
| Credit Analyst | $85,920 | $41.31 |
| Credit Counselor | $58,480 | $28.12 |
| Budget Analyst | $92,790 | $44.61 |
| Tax Preparer | $57,680 | $27.73 |
| Management Analyst | $99,640 | $47.91 |
More: Business and Financial Operations Occupations · all salaries in Rhode Island
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 Rhode Island?
The median salary for insurance underwriters in Rhode Island is $84,720 a year, or $40.73 an hour. Pay ranges from $50,240 for the lowest-paid 10% to $138,930 for the top 10%.
How much do the highest-paid insurance underwriters make in Rhode Island?
The top 10% of insurance underwriters in Rhode Island earn at least $138,930 a year. The top 25% earn $103,950 or more.
What is the starting pay for insurance underwriters in Rhode Island?
Entry-level pay (the 10th percentile) is about $50,240 a year, and a quarter of insurance underwriters earn $63,920 or less.
How many insurance underwriters work in Rhode Island?
About 250 insurance underwriters are employed in Rhode Island, not counting the self-employed.