Insurance Underwriters pay in Indiana
$78,280avg. a year
$37.63 an hour · 2,170 employed
Insurance Underwriters in Indiana earn an average of $78,280 a year. That is $15,420 (16%) less than the U.S. average of $93,700. The best-paying metro area is Chicago-Naperville-Elgin, IL-IN at $106,450.
$77,440Median pay
$37.63Average hourly
+3%Avg. pay since 2020
#38Of 48 states + D.C.
Top-paying Indiana metro areas
Average pay for insurance underwriters by metro area. Swipe to see all 6.
14,060 jobs
Chicago-Naperville-Elgin, IL-IN
$106,450
$51.18 an hour
250 jobs
Lafayette-West Lafayette, IN
$91,010
$43.76 an hour
31,690 jobs
Cincinnati, OH-KY-IN
$88,440
$42.52 an hour
4430 jobs
Louisville/Jefferson County, KY-IN
$83,300
$40.05 an hour
51,150 jobs
Indianapolis-Carmel-Greenwood, IN
$80,450
$38.68 an hour
6330 jobs
Fort Wayne, IN
$71,470
$34.36 an hour
Why people trust JobPayFacts
Official government dataEvery number comes from the U.S. Bureau of Labor Statistics wage survey of employers, not self-reported salaries.
Every state and city830 jobs across all 50 states, D.C. and 199 large metro areas.
Updated every yearNew figures each spring when BLS releases them. This site uses May 2025 data.
Insurance Underwriters pay in Indiana, charted
Pay over time
Indiana, annual wage, May of each year
AverageMedian
Where Indiana insurance underwriters work
Employment by metro area, May 2025
Average pay by state
May 2025 · Indiana highlighted · tap a state
AKMEWIVTNHWAIDMTNDMNILMINYMAORNVWYSDIAINOHPANJCTRICAUTCONEMOKYWVVAMDDEAZNMKSARTNNCSCDCOKLAMSALGAHITXFL
Under $78k$78k–$88k$88k–$99k$99k+Indiana
Indiana vs. neighbors
Average pay, May 2025
| Area | Avg. pay | Hourly |
|---|---|---|
| United States | $93,700 | $45.05 |
| Indiana | $78,280 | $37.63 |
| Illinois | $99,120 | $47.66 |
| Kentucky | $87,430 | $42.04 |
| Ohio | $86,900 | $41.78 |
| Michigan | $81,620 | $39.24 |
Related jobs in Indiana
- Accountants and Auditors$84,000
- Financial and Investment Analysts$89,080
- Loan Officers$78,980
- Personal Financial Advisors$137,220
- Financial Specialists, All Other$93,120
- Tax Preparers$51,820
Average pay, Indiana, May 2025
Bureau of Labor Statistics OEWS
Questions and answers
How much do insurance underwriters make in Indiana?
The average is $78,280 a year, and the median is $77,440. That is $15,420 (16%) less than the U.S. average of $93,700.
What is the hourly wage in Indiana?
$37.63 an hour on average; the median is $37.23.
Where in Indiana do they earn the most?
Chicago-Naperville-Elgin, IL-IN ($106,450), followed by Lafayette-West Lafayette, IN ($91,010). The lowest average among 6 metro areas with data is Fort Wayne, IN ($71,470).
How does Indiana rank?
Indiana ranks #38 of 49 states (including D.C.) with published data for this job, by average pay.
Sources and notes. U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 (trend: May 2020–May 2025), occupation code 13-2053. State rank compares average pay across states with published data. Metro figures cover metropolitan statistical areas; a metro area can cross state lines. See also the national insurance underwriters page. Wages are gross pay before taxes and don't include overtime premiums, tips, bonuses or benefits; self-employed workers aren't included. Year-to-year changes can partly reflect survey method changes, so treat the trend as a guide. How we use the data. JobPayFacts isn't affiliated with BLS.