Insurance Underwriter Salary in Milwaukee, Wisconsin
The median insurance underwriter salary in Milwaukee, WI is $71,631 per year, which is 8% below the national median and 0.0% above the Wisconsin state average.
Insurance Underwriter Pay in Milwaukee: What to Expect (2026)
Milwaukee offers a median insurance underwriter salary of $71,631, which is $0 above the Wisconsin state average of $71,631. Compared to the national median of $77,860, Milwaukee pays below the national benchmark for this role.
Milwaukee's cost of living is 92% 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 Milwaukee spans from $44,712 at the 10th percentile to $116,288 at the 90th percentile — a $71,576 spread. Entry-level professionals start around $46,000, while senior insurance underwriters with 8+ years of experience can earn up to $105,800. As a major metro area with a population of 577,222, Milwaukee typically offers more job opportunities and employer competition, which can drive salaries higher.
Insurance Underwriter Salary in Milwaukee by Experience
In Milwaukee, an entry-level insurance underwriter earns around $46,000, while experienced professionals earn up to $105,800 per year. The local cost of living index is 92% of the national average.
Salary Percentiles in Milwaukee, WI
| Percentile | Milwaukee |
|---|---|
| 10th Percentile | $44,712 |
| 25th Percentile | $56,304 |
| Median (50th) | $71,631 |
| 75th Percentile | $92,000 |
| 90th Percentile | $116,288 |
Insurance Underwriter Salary in Other Wisconsin Cities
How to Become a Insurance Underwriter in Milwaukee
Education
Most insurance underwriter positions require a bachelor's degree. Milwaukee and the surrounding Wisconsin 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 Milwaukee may vary based on local industry and population growth.
Find Insurance Underwriter Jobs in Milwaukee
Browse open insurance underwriter positions in Milwaukee, WI: