Insurance Underwriter salary in Wisconsin
Insurance Underwriters in Wisconsin earn a median of $97,370 a year ($46.81 an hour), based on BLS data for 3,110 workers.
Pay ranges from $61,410 for the lowest-paid 10% to $134,090 for the top 10%. That is 20% higher than the national median of $81,370. Wisconsin ranks 8th of 49 states for insurance underwriters pay. There are 1.1 insurance underwriters per 1,000 jobs here — the job is 1.6× more common than nationally. The average (mean) salary is $95,410, close to the median.
Pay range for insurance underwriters in Wisconsin
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $61,410 | $29.53 |
| 25th percentile | $74,090 | $35.62 |
| Median | $97,370 | $46.81 |
| 75th percentile | $123,320 | $59.29 |
| 90th percentile (top earners) | $134,090 | $64.46 |
| Average (mean) | $95,410 | $45.87 |
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 | $8,114.17 |
| Semi-monthly (24 a year) | $4,057.08 |
| Biweekly (26 a year) | $3,745 |
| Weekly | $1,872.50 |
| Hourly | $46.81 |
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 Wisconsin
| Metro area | Median salary | Workers |
|---|---|---|
| Milwaukee-Waukesha, WI | $106,570 | 950 |
| Appleton, WI | $95,610 | 120 |
| Madison, WI | $95,130 | 480 |
| Minneapolis-St. Paul-Bloomington, MN-WI | $82,980 | 1,880 |
| Wausau, WI | $71,140 | 60 |
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 Wisconsin
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $79,400 | $38.17 |
| Financial and Investment Analysts | $95,570 | $45.95 |
| Personal Financial Advisor | $119,430 | $57.42 |
| Loan Officer | $78,290 | $37.64 |
| Credit Analyst | $68,690 | $33.02 |
| Financial Specialists, All Other | $64,420 | $30.97 |
| Tax Preparer | $44,340 | $21.32 |
| Budget Analyst | $82,180 | $39.51 |
| Property Appraisers and Assessors | $68,660 | $33.01 |
| Credit Counselor | $52,140 | $25.07 |
| Financial Risk Specialist | $97,820 | $47.03 |
| Financial Examiner | $86,320 | $41.50 |
| Tax Examiners and Collectors, and Revenue Agents | $59,990 | $28.84 |
| Project Management Specialist | $97,580 | $46.91 |
More: Business and Financial Operations Occupations · all salaries in Wisconsin
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 Wisconsin?
The median salary for insurance underwriters in Wisconsin is $97,370 a year, or $46.81 an hour. Pay ranges from $61,410 for the lowest-paid 10% to $134,090 for the top 10%.
How much do the highest-paid insurance underwriters make in Wisconsin?
The top 10% of insurance underwriters in Wisconsin earn at least $134,090 a year. The top 25% earn $123,320 or more.
What is the starting pay for insurance underwriters in Wisconsin?
Entry-level pay (the 10th percentile) is about $61,410 a year, and a quarter of insurance underwriters earn $74,090 or less.
How many insurance underwriters work in Wisconsin?
About 3,110 insurance underwriters are employed in Wisconsin, not counting the self-employed.