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Insurance Underwriters

Median salary, education path, job outlook, and related careers — based on U.S. labor data.

Median salary
$81,370/yr
Typical range
$64,620 – $110,390
Education
Bachelor's degree
Time to entry
About 4 years

What a Insurance Underwriters does

Insurance underwriters assess risk and decide whether to approve insurance applications, determining coverage amounts and premiums. They review medical records, financial information, and other factors to protect insurance companies from excessive losses.

Education & path

The typical entry point is a bachelor's degree. About 4 years.

Estimated cost of that path: ~$40,000. Estimated payback: ~2 years. Estimates only — actual cost varies widely by school and financial aid; payback assumes ~20% of income applied.

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