Insurance Underwriters Salary in Minnesota

Ranked #15 of 49 · MN

2.2% above U.S. average
Mean annual salary $95,750 ≈ $46/hr
Median annual salary $80,700
Employment 2,550

Salary Distribution (10th–90th percentile)

P10 $60,350P25 $73,330 Median $80,700P75 $124,980P90 $138,710

About 80% of insurance underwriterss in Minnesota earn between $60,350 and $138,710. The blue band is the middle 50% (P25–P75); the dot marks the median.

Compared to the U.S.

Minnesota
$95,750
U.S. average
$93,700

The mean insurance underwriters salary in Minnesota is $95,750, about 2.2% above the U.S. average ($93,700). That works out to roughly $46/hr at 2,080 hours per year.

Metro Areas in Minnesota

Metro areaMedianMeanEmployment
Minneapolis-St. Paul-Bloomington, MN-WI $82,980 $97,900 1,880
Southwest Minnesota nonmetropolitan area $61,610 $60,960 70

Frequently Asked Questions

How much do insurance underwriters make in Minnesota?

The median insurance underwriters salary in Minnesota is $80,700 per year (mean $95,750), and about 80% earn between $60,350 and $138,710.

How much do insurance underwriters make per hour in Minnesota?

Roughly $46 per hour, based on a mean annual wage of $95,750 and 2,080 work hours per year.

Is Minnesota a high-paying state for insurance underwriters?

Minnesota ranks #15 of 49 states for insurance underwriters pay. Its mean salary of $95,750 is about 2.2% above the U.S. average of $93,700.

Which metro areas in Minnesota pay insurance underwriters the most?

The highest-paying metro areas in Minnesota for insurance underwriters are Minneapolis-St. Paul-Bloomington, MN-WI ($82,980), Southwest Minnesota nonmetropolitan area ($61,610), by median annual wage.

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