Insurance Underwriter Salary in Germantown, Maryland
The median insurance underwriter salary in Germantown, MD is $93,432 per year, which is 20.0% above the national median and 4.3% above the Maryland state average.
Insurance Underwriter Salary in Germantown by Experience
In Germantown, an entry-level insurance underwriter earns around $60,000, while experienced professionals earn up to $138,000 per year. The local cost of living index is 115% of the national average.
Salary Percentiles in Germantown, MD
| Percentile | Germantown |
|---|---|
| 10th Percentile | $58,320 |
| 25th Percentile | $73,440 |
| Median (50th) | $93,432 |
| 75th Percentile | $120,000 |
| 90th Percentile | $151,680 |
Insurance Underwriter Salary in Other Maryland Cities
How to Become a Insurance Underwriter in Germantown
Education
Most insurance underwriter positions require a bachelor's degree. Germantown 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 Germantown may vary based on local industry and population growth.