As of March 01, 2025, the average annual salary for an Insurance Underwriter V in Maine is $146,000. Salary.com reports that pay typically ranges from $123,600 to $172,100, with most professionals earning between $103,206 and $195,863.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $176,790 | $14,733 | $3,400 | $85 |
| Average | $150,011 | $12,501 | $2,885 | $72 |
| 25th Percentile | $127,021 | $10,585 | $2,443 | $61 |
An entry-level Insurance Underwriter V with under 1 year experience makes about $135,298. With less than 2 years of experience, a mid-level Insurance Underwriter V makes around $136,946. After 2-4 years, the Insurance Underwriter V pay rises to about $137,605. Those senior Insurance Underwriter V with 5-8 years of experience earn roughly $140,902, and those Insurance Underwriter V having 8 years or more experience are expected to earn about $143,539 on average.
| Levels | Salary |
|---|---|
| Entry Level Insurance Underwriter V | $135,298 |
| Intermediate Level Insurance Underwriter V | $136,946 |
| Senior Level Insurance Underwriter V | $137,605 |
| Specialist Level Insurance Underwriter V | $140,902 |
| Expert Level Insurance Underwriter V | $143,539 |
| Entry Level | 10% |
| Mid Level | 9% |
| Senior Level | 8% |
| Top Level | 6% |
| Experienced | 4% |
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Insurance Underwriter V salary varies from city to city. Compared with national average salary of Insurance Underwriter V, the highest Insurance Underwriter V salary is in San Francisco, CA, where the Insurance Underwriter V salary is 25.0% above. The lowest Insurance Underwriter V salary is in Miami, FL, where the Insurance Underwriter V salary is 3.5% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $187,600 |
25.0%
|
| Washington, DC | $167,000 |
11.3%
|
| Miami, FL | $144,800 |
|
| Chicago, IL | $157,400 |
4.9%
|
| Boston, MA | $168,200 |
12.1%
|
| New York, NY | $175,300 |
16.8%
|
