Insurance Underwriter Salary in Portland, Maine
The median insurance underwriter salary in Portland, ME is $84,089 per year, which is 8.0% above the national median and 10.2% above the Maine state average.
Insurance Underwriter Pay in Portland: What to Expect (2026)
Portland offers a median insurance underwriter salary of $84,089, which is $7,786 above the Maine state average of $76,303. Compared to the national median of $77,860, Portland pays above average for this role.
Portland's cost of living is 108% of the national average, meaning salary figures here closely reflect actual purchasing power. This makes direct comparisons to other cities straightforward.
The salary range for insurance underwriters in Portland spans from $52,488 at the 10th percentile to $136,512 at the 90th percentile — a $84,024 spread. Entry-level professionals start around $54,000, while senior insurance underwriters with 8+ years of experience can earn up to $124,200. Portland is a smaller market (pop. 68,408), which may mean fewer openings but also less competition for available positions.
Insurance Underwriter Salary in Portland by Experience
In Portland, an entry-level insurance underwriter earns around $54,000, while experienced professionals earn up to $124,200 per year. The local cost of living index is 108% of the national average.
Salary Percentiles in Portland, ME
| Percentile | Portland |
|---|---|
| 10th Percentile | $52,488 |
| 25th Percentile | $66,096 |
| Median (50th) | $84,089 |
| 75th Percentile | $108,000 |
| 90th Percentile | $136,512 |
Insurance Underwriter Salary in Other Maine Cities
How to Become a Insurance Underwriter in Portland
Education
Most insurance underwriter positions require a bachelor's degree. Portland and the surrounding Maine 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 Portland may vary based on local industry and population growth.
Find Insurance Underwriter Jobs in Portland
Browse open insurance underwriter positions in Portland, ME: