Insurance Underwriter Salary in Maine
The median insurance underwriter salary in Maine is $76,303 per year, which is 2% below the national median of $77,860.
Insurance Underwriter Salary Overview in Maine (2026)
Maine ranks #21 out of 50 states for insurance underwriter compensation. Maine falls in the middle of the pack for insurance underwriter pay, offering salaries near the national average. At $76,303 per year, insurance underwriters in Maine earn $1,557 less than the national median of $77,860.
Maine's cost of living is near the national average at 98%, meaning insurance underwriter salaries here translate closely to their face value in purchasing power.
The salary spread in Maine is significant: insurance underwriters at the 10th percentile earn $47,628, while those at the 90th percentile bring home $123,872 — a $76,244 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Maine for this role is Portland, where the median reaches $84,089.
Nationally, insurance underwriter employment is projected to grow -2% over the next decade (decline). Despite slower growth nationally, experienced insurance underwriters with in-demand specializations continue to command strong salaries.
Insurance Underwriter Salary in Maine by Experience
In Maine, an entry-level insurance underwriter earns around $49,000, while experienced professionals earn up to $112,700 per year. The cost of living index in Maine is 98% of the national average.
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See Investment Options →Salary Percentiles in Maine
| Percentile | ME Salary |
|---|---|
| 10th Percentile | $47,628 |
| 25th Percentile | $59,976 |
| Median (50th) | $76,303 |
| 75th Percentile | $98,000 |
| 90th Percentile | $123,872 |
Insurance Underwriter Salary by City in Maine
The largest employment areas for insurance underwriters in Maine include Portland, Lewiston, Bangor, and South Portland. Salaries vary by city based on local cost of living and demand.
How to Become a Insurance Underwriter in Maine
Education
Most insurance underwriter positions require a bachelor's degree. Maine has several accredited institutions offering relevant programs.
Key Skills
Job Outlook in Maine
Nationally, insurance underwriter employment is projected to grow -2% over the next decade (decline). Maine's demand may vary based on local industry trends.
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Data shows Insurance Underwriters who negotiate earn 7–15% more. A single negotiation could add $36,397 over your career trajectory.
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