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Insurance Underwriter Salary in Minnesota

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

Median Salary in MN
$89,627
Monthly: $7,469
Biweekly: $3,447
Entry Level
$53,776
Monthly: $4,481
Biweekly: $2,068
Senior Level
$120,998
Monthly: $10,083
Biweekly: $4,654
Job Growth
14%
Projected 10-year growth

Salary Breakdown

Pay PeriodEntry LevelMedianSenior
Annual$53,776$89,627$120,998
Monthly$4,481$7,469$10,083
Biweekly$2,068$3,447$4,654
Weekly$1,034$1,724$2,327
Hourly$26$43$58

MN vs National Comparison

National Median
$87,870
MN Median
$89,627
Difference
+$1,757
Multiplier
1.02x
National
MN

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 Minnesota compares to other states for insurance underwriter salaries:

TXCANYFLCO

Compare Jobs

Compare salaries for other business & finance jobs in Minnesota:

AccountantFinancial AnalystMarketing ManagerHuman Resources Manager

Explore Related Data for a Insurance Underwriter in Minnesota

Dig into every angle of a insurance underwriter salary ($89,627 median) in Minnesota — take-home pay, affordability, taxes, mortgage, retirement, and city-level data.

Take-home pay on $89,627 in Minnesota

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

What you can afford on $89,627 in Minnesota

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

Tax brackets on $89,627 in Minnesota

Exactly which federal and state brackets your salary crosses.

$350,000 mortgage in Minnesota

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

Retirement at 30 earning $90,000

Savings benchmarks and projections for your income level.

Insurance Underwriter salary in Minneapolis

Drill down to city-level salary data for Minneapolis, Minnesota.

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Frequently Asked Questions

What is the median insurance underwriter salary in Minnesota?

The median insurance underwriter salary in Minnesota is $89,627, compared to a national median of $87,870.

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

Entry-level insurance underwriter positions in Minnesota typically pay around $53,776 annually.

What is the senior insurance underwriter salary in Minnesota?

Senior insurance underwriter professionals in Minnesota earn around $120,998 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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