Insurance Underwriter salary in Lansing-East Lansing, MI
Insurance Underwriters in the Lansing-East Lansing, MI metro area earn a median of $75,140 a year ($36.13 an hour), based on BLS data for 480 workers.
Pay ranges from $51,730 for the lowest-paid 10% to $103,270 for the top 10%. That is 8% lower than the national median of $81,370. Pay here is 3% lower than the Michigan statewide median of $77,380. There are 2.2 insurance underwriters per 1,000 jobs here — the job is 3.3× more common than nationally. The average (mean) salary is $76,330, above the median because a few high earners pull it up.
Pay range for insurance underwriters in Lansing-East Lansing, MI
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $51,730 | $24.87 |
| 25th percentile | $62,420 | $30.01 |
| Median | $75,140 | $36.13 |
| 75th percentile | $81,370 | $39.12 |
| 90th percentile (top earners) | $103,270 | $49.65 |
| Average (mean) | $76,330 | $36.70 |
Half of insurance underwriters earn more than the median and half earn less. Percentiles show the spread: 10% earn less than the 10th percentile, and 10% earn more than the 90th.
Median paycheck, before taxes
| Pay period | Amount |
|---|---|
| Monthly | $6,261.67 |
| Semi-monthly (24 a year) | $3,130.83 |
| Biweekly (26 a year) | $2,890 |
| Weekly | $1,445 |
| Hourly | $36.13 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Buying a home? On a $75,140 salary, see how much house you can afford in Michigan at today's mortgage rates, or work out a payment with the mortgage calculator.
Insurance Underwriter salary in other metro areas nearby
| Metro area | Median salary | Workers |
|---|---|---|
| Detroit-Warren-Dearborn, MI | $80,180 | 1,070 |
| Grand Rapids-Wyoming-Kentwood, MI | $79,560 | 400 |
| Ann Arbor, MI | $77,750 | 30 |
| Traverse City, MI | $69,500 | 100 |
Highest-paying states for insurance underwriters
| State | Median salary |
|---|---|
| Massachusetts | $106,640 |
| New Hampshire | $103,940 |
| Nevada | $101,440 |
| Connecticut | $100,690 |
| Colorado | $100,640 |
| Washington | $99,400 |
| New York | $97,450 |
| Wisconsin | $97,370 |
| New Jersey | $96,220 |
| Maine | $95,510 |
See Insurance Underwriter pay in every state or the Michigan statewide figures.
Related jobs in Lansing-East Lansing, MI
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $79,210 | $38.08 |
| Financial and Investment Analysts | $83,420 | $40.11 |
| Loan Officer | $72,890 | $35.05 |
| Financial Specialists, All Other | $83,870 | $40.32 |
| Personal Financial Advisor | $86,220 | $41.45 |
| Property Appraisers and Assessors | $75,860 | $36.47 |
| Budget Analyst | $96,430 | $46.36 |
| Tax Preparer | $51,870 | $24.94 |
| Tax Examiners and Collectors, and Revenue Agents | $60,960 | $29.31 |
| Financial Examiner | $81,970 | $39.41 |
| Financial Risk Specialist | $96,980 | $46.63 |
| Credit Analyst | $72,700 | $34.95 |
| Credit Counselor | $50,990 | $24.51 |
| Business Operations Specialists, All Other | $82,940 | $39.88 |
More: Business and Financial Operations Occupations · all salaries in Lansing-East Lansing, MI
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 13-2053. Wages include base pay, tips, commissions and shift pay, but not overtime, bonuses or benefits, and exclude the self-employed.
Frequently asked questions
How much does a insurance underwriter make in Lansing-East Lansing, MI?
The median salary for insurance underwriters in the Lansing-East Lansing, MI metro area is $75,140 a year, or $36.13 an hour. Pay ranges from $51,730 for the lowest-paid 10% to $103,270 for the top 10%.
How much do the highest-paid insurance underwriters make in Lansing-East Lansing, MI?
The top 10% of insurance underwriters in the Lansing-East Lansing, MI metro area earn at least $103,270 a year. The top 25% earn $81,370 or more.
What is the starting pay for insurance underwriters in Lansing-East Lansing, MI?
Entry-level pay (the 10th percentile) is about $51,730 a year, and a quarter of insurance underwriters earn $62,420 or less.
How many insurance underwriters work in Lansing-East Lansing, MI?
About 480 insurance underwriters are employed in the Lansing-East Lansing, MI metro area, not counting the self-employed.