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Insurance Underwriter Salary in Michigan

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

Median Salary in MI
$80,840
Monthly: $6,737
Biweekly: $3,109
Entry Level
$48,504
Monthly: $4,042
Biweekly: $1,866
Senior Level
$109,135
Monthly: $9,095
Biweekly: $4,198
Job Growth
14%
Projected 10-year growth

Salary Breakdown

Pay PeriodEntry LevelMedianSenior
Annual$48,504$80,840$109,135
Monthly$4,042$6,737$9,095
Biweekly$1,866$3,109$4,198
Weekly$933$1,555$2,099
Hourly$23$39$52

MI vs National Comparison

National Median
$87,870
MI Median
$80,840
Difference
-$7,030
Multiplier
0.92x
National
MI

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 Michigan compares to other states for insurance underwriter salaries:

TXCANYFLCO

Compare Jobs

Compare salaries for other business & finance jobs in Michigan:

AccountantFinancial AnalystMarketing ManagerHuman Resources Manager

Explore Related Data for a Insurance Underwriter in Michigan

Dig into every angle of a insurance underwriter salary ($80,840 median) in Michigan — take-home pay, affordability, taxes, mortgage, retirement, and city-level data.

Take-home pay on $80,840 in Michigan

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

What you can afford on $80,840 in Michigan

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

Tax brackets on $80,840 in Michigan

Exactly which federal and state brackets your salary crosses.

$300,000 mortgage in Michigan

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

Retirement at 30 earning $80,000

Savings benchmarks and projections for your income level.

Insurance Underwriter salary in Detroit

Drill down to city-level salary data for Detroit, Michigan.

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Frequently Asked Questions

What is the median insurance underwriter salary in Michigan?

The median insurance underwriter salary in Michigan is $80,840, compared to a national median of $87,870.

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

Entry-level insurance underwriter positions in Michigan typically pay around $48,504 annually.

What is the senior insurance underwriter salary in Michigan?

Senior insurance underwriter professionals in Michigan earn around $109,135 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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