Business & Finance Columbia, MD Pop. 104,681

Insurance Underwriter Salary in Columbia, Maryland

The median insurance underwriter salary in Columbia, MD is $95,768 per year, which is 23.0% above the national median and 7.0% above the Maryland state average.

City Median
$95,768
vs State Avg
+$6,229
vs National
+$17,908
Cost of Living
118%

Insurance Underwriter Salary in Columbia by Experience

In Columbia, an entry-level insurance underwriter earns around $61,500, while experienced professionals earn up to $141,450 per year. The local cost of living index is 118% of the national average.

Entry Level (0-2 yrs)
$61,500
+$11,500 vs national
Mid Level (3-7 yrs)
$95,940
+$17,940 vs national
Senior Level (8+ yrs)
$141,450
+$26,450 vs national

Salary Percentiles in Columbia, MD

Percentile Columbia
10th Percentile $59,778
25th Percentile $75,276
Median (50th) $95,768
75th Percentile $123,000
90th Percentile $155,472

Insurance Underwriter Salary in Other Maryland Cities

How to Become a Insurance Underwriter in Columbia

Education

Most insurance underwriter positions require a bachelor's degree. Columbia and the surrounding Maryland area have institutions offering relevant programs.

Key Skills

Risk AssessmentAnalytical SkillsInsurance RegulationsUnderwriting SoftwareDecision-MakingAttention to Detail

Job Outlook

Nationally, insurance underwriter employment is projected to grow -2% over the next decade (decline). Demand in Columbia may vary based on local industry and population growth.