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Insurance Underwriter Salary in Maryland

Explore insurance underwriter salaries in Maryland including median pay, entry-level and senior compensation, and how it compares to the national average.

Median Salary in MD
$98,414
Monthly: $8,201
Biweekly: $3,785
Entry Level
$59,049
Monthly: $4,921
Biweekly: $2,271
Senior Level
$132,860
Monthly: $11,072
Biweekly: $5,110
Job Growth
14%
Projected 10-year growth

Salary Breakdown

Pay PeriodEntry LevelMedianSenior
Annual$59,049$98,414$132,860
Monthly$4,921$8,201$11,072
Biweekly$2,271$3,785$5,110
Weekly$1,136$1,893$2,555
Hourly$28$47$64

MD vs National Comparison

National Median
$87,870
MD Median
$98,414
Difference
+$10,544
Multiplier
1.12x
National
MD

About This Career

Evaluate insurance applications and determine coverage and premiums.

Education

Bachelor's degree in Insurance or related field

Key Skills

Risk AssessmentPolicy AnalysisDecision MakingAttention to Detail

Compare States

See how Maryland compares to other states for insurance underwriter salaries:

TXCANYFLCO

Compare Jobs

Compare salaries for other business & finance jobs in Maryland:

AccountantFinancial AnalystMarketing ManagerHuman Resources Manager

Explore Related Data for a Insurance Underwriter in Maryland

Dig into every angle of a insurance underwriter salary ($98,414 median) in Maryland — take-home pay, affordability, taxes, mortgage, retirement, and city-level data.

Take-home pay on $98,414 in Maryland

Federal, state, Social Security, and Medicare — what you keep after taxes.

What you can afford on $98,414 in Maryland

Home price, rent, and monthly spending guidelines for this income.

Tax brackets on $98,414 in Maryland

Exactly which federal and state brackets your salary crosses.

$400,000 mortgage in Maryland

Monthly payment, property tax, and total interest at typical rates.

Retirement at 30 earning $100,000

Savings benchmarks and projections for your income level.

Insurance Underwriter salary in Baltimore

Drill down to city-level salary data for Baltimore, Maryland.

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Frequently Asked Questions

What is the median insurance underwriter salary in Maryland?

The median insurance underwriter salary in Maryland is $98,414, compared to a national median of $87,870.

What is the entry-level insurance underwriter salary in Maryland?

Entry-level insurance underwriter positions in Maryland typically pay around $59,049 annually.

What is the senior insurance underwriter salary in Maryland?

Senior insurance underwriter professionals in Maryland earn around $132,860 annually.

What is the job growth outlook for insurance underwriter?

The projected 10-year job growth outlook for insurance underwriter positions is 14%, which indicates strong demand in this field.

What education is needed to become a insurance underwriter?

Bachelor's degree in Insurance or related field

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