As of December 01, 2024, the average annual pay of Insurance Underwriter II in MN is $76,000. While Salary.com is seeing that Insurance Underwriter II salary in MN can go up to $98,352 or down to $60,907, but most earn between $68,100 and $87,700. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Insurance Underwriter II in the United States.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $85,718 | $7,143 | $1,648 | $41 |
| Average | $74,272 | $6,189 | $1,428 | $36 |
| 25th Percentile | $66,502 | $5,542 | $1,279 | $32 |
An entry-level Insurance Underwriter II with under 1 year experience makes about $73,082. With less than 2 years of experience, a mid-level Insurance Underwriter II makes around $73,320. After 2-4 years, the Insurance Underwriter II pay rises to about $75,702. Those senior Insurance Underwriter II with 5-8 years of experience earn roughly $80,054, and those Insurance Underwriter II having 8 years or more experience are expected to earn about $81,794 on average.
| Levels | Salary |
|---|---|
| Entry Level Insurance Underwriter II | $73,082 |
| Intermediate Level Insurance Underwriter II | $73,320 |
| Senior Level Insurance Underwriter II | $75,702 |
| Specialist Level Insurance Underwriter II | $80,054 |
| Expert Level Insurance Underwriter II | $81,794 |
| Entry Level | 2% |
| Mid Level | 1% |
| Senior Level | 2% |
| Top Level | 8% |
| Experienced | 10% |
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Insurance Underwriter II salary varies from city to city. Compared with national average salary of Insurance Underwriter II, the highest Insurance Underwriter II salary is in San Francisco, CA, where the Insurance Underwriter II salary is 25.0% above. The lowest Insurance Underwriter II salary is in Miami, FL, where the Insurance Underwriter II salary is 3.5% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $92,900 |
25.0%
|
| Washington, DC | $82,700 |
11.3%
|
| Miami, FL | $71,700 |
|
| Chicago, IL | $78,000 |
4.9%
|
| Boston, MA | $83,300 |
12.1%
|
| New York, NY | $86,800 |
16.8%
|
