Finance Indiana · 2026 +3.5% YoY proj.

Insurance Underwriter Salary in Indiana

How Insurance Underwriters in Indiana get paid in 2026 — median, range, experience tiers, metro breakdown, and a comparison against national pay.

$83,900
Median annual Insurance Underwriter salary in Indiana, Q1 2026 projection.
That's $10,400 (-11%) below the national median of $94,300.
Range: $63,800 (P25) → $109,100 (P75) → $138,400 (P90).
Pay distribution · 2026
P25
$63,800
MEDIAN
$83,900
P75
$109,100
P90
$138,400
By Tenure

Insurance Underwriter Salary by Experience in Indiana

Pay tiers reflect typical Indiana compensation across career stages. Specialized employers may pay above these ranges.

ExperienceMedian 202625th %75th %
Entry (0–1 yr)$58,700$44,600$76,300
Junior (2–4 yrs)$72,900$55,500$94,900
Mid-Level (5–9 yrs)$83,900$63,800$109,100
Senior (10–14 yrs)$100,600$76,500$130,900
Veteran (15+ yrs)$114,100$86,700$148,300
Indiana Pay Map

Highest-Paying Jobs in Indiana

Top occupations by median pay in Indiana — useful context if you're weighing a career switch.

→ See full ranking of top 25 highest-paying jobs in Indiana

Regional Comparison

Insurance Underwriter Pay in Nearby States

If you'd consider relocating, here's how regional and comparable markets pay for the same job.

→ See all 51 states for Insurance Underwriter pay

FAQ

Insurance Underwriter Salary in Indiana: FAQ

What is the average Insurance Underwriter salary in Indiana?

The average Insurance Underwriter salary in Indiana is $83,900 per year as of 2026, based on projections from BLS Occupational Employment Statistics. The 25th percentile sits at $63,800 and the 75th at $109,100.

Is Indiana a good state for Insurance Underwriters?

Pay-wise, Indiana sits -11% below the national Insurance Underwriter median ($94,300). Wages run below the national median, but cost of living is often correspondingly lower; net purchasing power may be similar to higher-paying states.

How much do senior Insurance Underwriters earn in Indiana?

Senior Insurance Underwriters (10–14 years of experience) in Indiana earn around $100,600 per year on average. Veterans with 15+ years can reach $114,100 or more, especially at the 75th percentile and above.

How does Indiana compare to other states for Insurance Underwriter pay?

Among all 51 jurisdictions (50 states + DC), Indiana ranks 34th for Insurance Underwriter pay. The highest-paying state pays around $132,000 on average.

Personal Audit

Are you underpaid as a Insurance Underwriter in Indiana?

The median is a benchmark, not a verdict. Your exact market value depends on your experience and education — plus your specific employer's pay band. Run the free calculator for a personalized number.

Get my personal salary report →