Business & Finance Waldorf, MD Pop. 77,000

Insurance Underwriter Salary in Waldorf, Maryland

The median insurance underwriter salary in Waldorf, MD is $85,646 per year, which is 10.0% above the national median and 4.3% below the Maryland state average.

City Median
$85,646
vs State Avg
$-3,893
vs National
+$7,786
Cost of Living
105%

Insurance Underwriter Pay in Waldorf: What to Expect (2026)

Waldorf offers a median insurance underwriter salary of $85,646, which is $3,893 below the Maryland state average of $89,539. Compared to the national median of $77,860, Waldorf pays above average for this role.

Waldorf's cost of living is 105% 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 Waldorf spans from $53,460 at the 10th percentile to $139,040 at the 90th percentile — a $85,580 spread. Entry-level professionals start around $55,000, while senior insurance underwriters with 8+ years of experience can earn up to $126,500. Waldorf is a smaller market (pop. 77,000), which may mean fewer openings but also less competition for available positions.

Insurance Underwriter Salary in Waldorf by Experience

In Waldorf, an entry-level insurance underwriter earns around $55,000, while experienced professionals earn up to $126,500 per year. The local cost of living index is 105% of the national average.

Entry Level (0-2 yrs)
$55,000
+$5,000 vs national
Mid Level (3-7 yrs)
$85,800
+$7,800 vs national
Senior Level (8+ yrs)
$126,500
+$11,500 vs national

Salary Percentiles in Waldorf, MD

Percentile Waldorf
10th Percentile $53,460
25th Percentile $67,320
Median (50th) $85,646
75th Percentile $110,000
90th Percentile $139,040

Insurance Underwriter Salary in Other Maryland Cities

Silver Spring, MD
$98,882
Pop. 81,015
Columbia, MD
$95,768
Pop. 104,681
Germantown, MD
$93,432
Pop. 90,676
Baltimore, MD
$87,982
Pop. 585,708

How to Become a Insurance Underwriter in Waldorf

Education

Most insurance underwriter positions require a bachelor's degree. Waldorf 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 Waldorf may vary based on local industry and population growth.

Find Insurance Underwriter Jobs in Waldorf

Browse open insurance underwriter positions in Waldorf, MD:

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Frequently Asked Questions: Insurance Underwriter Salary in Waldorf

How much does a Insurance Underwriter make in Waldorf, MD? ▼
The median insurance underwriter salary in Waldorf, Maryland is $85,646 per year, which is 10.0% above the national median of $77,860. Salaries range from $53,460 (10th percentile) to $139,040 (90th percentile).
How much does a Insurance Underwriter make per hour in Waldorf? ▼
Based on the median annual salary of $85,646, a insurance underwriter in Waldorf earns approximately $41 per hour assuming a standard 2,080-hour work year.
How does Waldorf compare to the Maryland state average for insurance underwriter pay? ▼
Waldorf's median insurance underwriter salary of $85,646 is 4.3% below the Maryland state average of $89,539. The local cost of living index is 105% of the national average.
What is the cost of living in Waldorf, MD? ▼
Waldorf has a cost of living index of 105% compared to the national average. This means a insurance underwriter salary of $85,646 in Waldorf has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance underwriter in Waldorf? ▼
Most insurance underwriter positions in Waldorf require a bachelor's degree. Key skills include Risk Assessment, Analytical Skills, Insurance Regulations, Underwriting Software. The job market is projected to grow -2% nationally over the next decade.