Insurance Underwriter Salary in Baltimore, Maryland
The median insurance underwriter salary in Baltimore, MD is $87,982 per year, which is 13.0% above the national median and 1.7% below the Maryland state average.
Insurance Underwriter Salary in Baltimore by Experience
In Baltimore, an entry-level insurance underwriter earns around $56,500, while experienced professionals earn up to $129,950 per year. The local cost of living index is 108% of the national average.
Salary Percentiles in Baltimore, MD
| Percentile | Baltimore |
|---|---|
| 10th Percentile | $54,918 |
| 25th Percentile | $69,156 |
| Median (50th) | $87,982 |
| 75th Percentile | $113,000 |
| 90th Percentile | $142,832 |
Insurance Underwriter Salary in Other Maryland Cities
How to Become a Insurance Underwriter in Baltimore
Education
Most insurance underwriter positions require a bachelor's degree. Baltimore and the surrounding Maryland 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 Baltimore may vary based on local industry and population growth.