Fortune 500 hub (Target, Best Buy, 3M, UnitedHealth). Here's how Insurance Underwriters in Minneapolis get paid in 2026.
How pay scales with career stage in the Minneapolis metro market.
| Experience | Median 2026 | 25th % | 75th % |
|---|---|---|---|
| Entry (0–1 yr) | $73,300 | $55,700 | $95,400 |
| Junior (2–4 yrs) | $91,100 | $69,300 | $118,500 |
| Mid-Level (5–9 yrs) | $104,800 | $79,700 | $136,300 |
| Senior (10–14 yrs) | $125,700 | $95,600 | $163,500 |
| Veteran (15+ yrs) | $142,500 | $108,300 | $185,300 |
Highest-paying metros for Insurance Underwriters — useful if you're weighing a relocation.
Top occupations by median pay across the Minneapolis metro economy.
The average Insurance Underwriter salary in the Minneapolis metro is $104,800 per year as of 2026, with a typical range of $79,700 to $136,300 (25th–75th percentile). Top earners (90th percentile) make $173,000 or more.
Yes — Minneapolis pays +3% relative to the Minnesota state median for Insurance Underwriters. Major metros typically concentrate higher-paying employers and command a wage premium over rural and small-city areas in the same state.
Minneapolis vs. national: +11%. That puts Minneapolis among the stronger US markets for Insurance Underwriters — though cost of living in Minneapolis is also typically elevated.
In Minneapolis, the median Insurance Underwriter salary of $104,800 typically corresponds to 5–9 years of experience (mid-level). Entry-level Insurance Underwriters in Minneapolis start around $73,300, while seniors (10+ years) reach $125,700 or more.
Metro medians are useful benchmarks — but your exact number depends on your experience, education, and the specific employer. Run the free calculator for a personalized read.
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