Insurance Underwriter Salary in Miami, Florida
The median insurance underwriter salary in Miami, FL is $91,875 per year, which is 18.0% above the national median and 20.4% above the Florida state average.
Insurance Underwriter Pay in Miami: What to Expect (2026)
Miami offers a median insurance underwriter salary of $91,875, which is $15,572 above the Florida state average of $76,303. Compared to the national median of $77,860, Miami pays above average for this role.
However, Miami's cost of living index is 118%, significantly above the national average. After adjusting for local costs, the $91,875 salary has an effective purchasing power of approximately $77,860. Housing, transportation, and food costs in Miami should be factored into any relocation or job-change decision.
The salary range for insurance underwriters in Miami spans from $57,348 at the 10th percentile to $149,152 at the 90th percentile — a $91,804 spread. Entry-level professionals start around $59,000, while senior insurance underwriters with 8+ years of experience can earn up to $135,700. With a population of 442,241, Miami is a mid-sized metro with a growing job market.
Insurance Underwriter Salary in Miami by Experience
In Miami, an entry-level insurance underwriter earns around $59,000, while experienced professionals earn up to $135,700 per year. The local cost of living index is 118% of the national average.
Salary Percentiles in Miami, FL
| Percentile | Miami |
|---|---|
| 10th Percentile | $57,348 |
| 25th Percentile | $72,216 |
| Median (50th) | $91,875 |
| 75th Percentile | $118,000 |
| 90th Percentile | $149,152 |
Insurance Underwriter Salary in Other Florida Cities
How to Become a Insurance Underwriter in Miami
Education
Most insurance underwriter positions require a bachelor's degree. Miami and the surrounding Florida area have institutions offering relevant programs.
Key Skills
Job Outlook
Nationally, insurance underwriter employment is projected to grow -2% over the next decade (decline). Demand in Miami may vary based on local industry and population growth.
Find Insurance Underwriter Jobs in Miami
Browse open insurance underwriter positions in Miami, FL: