Business & Finance Pennsylvania (PA) Rank #18 of 50

Insurance Underwriter Salary in Pennsylvania

The median insurance underwriter salary in Pennsylvania is $77,860 per year, which is 0.0% above the national median of $77,860.

Median Salary
$77,860
vs National
+$0
State Rank
#18 of 50
Cost of Living
96%

Insurance Underwriter Salary Overview in Pennsylvania (2026)

Pennsylvania ranks #18 out of 50 states for insurance underwriter compensation. Pennsylvania falls in the middle of the pack for insurance underwriter pay, offering salaries near the national average. At $77,860 per year, insurance underwriters in Pennsylvania earn $0 more than the national median of $77,860.

Pennsylvania's cost of living is near the national average at 96%, meaning insurance underwriter salaries here translate closely to their face value in purchasing power.

The salary spread in Pennsylvania is significant: insurance underwriters at the 10th percentile earn $48,600, while those at the 90th percentile bring home $126,400 — a $77,800 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Pennsylvania for this role is Philadelphia, where the median reaches $82,532.

Nationally, insurance underwriter employment is projected to grow -2% over the next decade (decline). Despite slower growth nationally, experienced insurance underwriters with in-demand specializations continue to command strong salaries.

Insurance Underwriter Salary in Pennsylvania by Experience

In Pennsylvania, an entry-level insurance underwriter earns around $50,000, while experienced professionals earn up to $115,000 per year. The cost of living index in Pennsylvania is 96% of the national average.

Entry Level (0-2 yrs)
$50,000
+$0 vs national
Mid Level (3-7 yrs)
$78,000
+$0 vs national
Senior Level (8+ yrs)
$115,000
+$0 vs national

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Salary Percentiles in Pennsylvania

Percentile PA Salary
10th Percentile $48,600
25th Percentile $61,200
Median (50th) $77,860
75th Percentile $100,000
90th Percentile $126,400

Insurance Underwriter Salary by City in Pennsylvania

The largest employment areas for insurance underwriters in Pennsylvania include Philadelphia, Pittsburgh, Allentown, and Reading. Salaries vary by city based on local cost of living and demand.

How to Become a Insurance Underwriter in Pennsylvania

Education

Most insurance underwriter positions require a bachelor's degree. Pennsylvania has several accredited institutions offering relevant programs.

Key Skills

Risk AssessmentAnalytical SkillsInsurance RegulationsUnderwriting SoftwareDecision-MakingAttention to Detail

Job Outlook in Pennsylvania

Nationally, insurance underwriter employment is projected to grow -2% over the next decade (decline). Pennsylvania's demand may vary based on local industry trends.

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Frequently Asked Questions: Insurance Underwriter Salary in Pennsylvania

How much does a Insurance Underwriter make in Pennsylvania? ▼
The median insurance underwriter salary in Pennsylvania is $77,860 per year, which is 0.0% above the national median of $77,860. Salaries range from $48,600 (10th percentile) to $126,400 (90th percentile).
How much does a Insurance Underwriter make per hour in Pennsylvania? ▼
Based on the median annual salary of $77,860, a insurance underwriter in Pennsylvania earns approximately $37 per hour assuming a standard 2,080-hour work year.
Is Pennsylvania a good state for insurance underwriters? ▼
Pennsylvania ranks #18 out of 50 states for insurance underwriter pay. The cost of living index is 96% of the national average. Entry-level insurance underwriters earn $50,000, while senior professionals earn $115,000.
How does Pennsylvania compare to other states for insurance underwriter salary? ▼
The highest paying state for insurance underwriters is Hawaii at $132,362. Pennsylvania's median of $77,860 ranks #18 nationally. Nearby-ranked states include Illinois ($78,639) and Vermont ($78,639).
What is the entry-level insurance underwriter salary in Pennsylvania? ▼
An entry-level insurance underwriter in Pennsylvania earns approximately $50,000 per year. With 3-7 years of experience, pay increases to around $78,000. Senior-level professionals with 8+ years earn up to $115,000.
What city in Pennsylvania pays insurance underwriters the most? ▼
Philadelphia is the highest paying city in Pennsylvania for insurance underwriters, with a median salary of $82,532. Other cities include Pittsburgh and Allentown.