Insurance Underwriter Salary in Philadelphia, Pennsylvania
The median insurance underwriter salary in Philadelphia, PA is $82,532 per year, which is 6.0% above the national median and 6.0% above the Pennsylvania state average.
Insurance Underwriter Pay in Philadelphia: What to Expect (2026)
Philadelphia offers a median insurance underwriter salary of $82,532, which is $4,672 above the Pennsylvania state average of $77,860. Compared to the national median of $77,860, Philadelphia pays above average for this role.
Philadelphia's cost of living is 102% 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 Philadelphia spans from $51,516 at the 10th percentile to $133,984 at the 90th percentile — a $82,468 spread. Entry-level professionals start around $53,000, while senior insurance underwriters with 8+ years of experience can earn up to $121,900. As a major metro area with a population of 1,603,797, Philadelphia typically offers more job opportunities and employer competition, which can drive salaries higher.
Insurance Underwriter Salary in Philadelphia by Experience
In Philadelphia, an entry-level insurance underwriter earns around $53,000, while experienced professionals earn up to $121,900 per year. The local cost of living index is 102% of the national average.
Salary Percentiles in Philadelphia, PA
| Percentile | Philadelphia |
|---|---|
| 10th Percentile | $51,516 |
| 25th Percentile | $64,872 |
| Median (50th) | $82,532 |
| 75th Percentile | $106,000 |
| 90th Percentile | $133,984 |
Insurance Underwriter Salary in Other Pennsylvania Cities
How to Become a Insurance Underwriter in Philadelphia
Education
Most insurance underwriter positions require a bachelor's degree. Philadelphia and the surrounding Pennsylvania 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 Philadelphia may vary based on local industry and population growth.
Find Insurance Underwriter Jobs in Philadelphia
Browse open insurance underwriter positions in Philadelphia, PA: