Insurance Underwriter salary in Lexington-Fayette, KY
Insurance Underwriters in the Lexington-Fayette, KY metro area earn a median of $100,990 a year ($48.55 an hour), based on BLS data for 290 workers.
Pay ranges from $56,620 for the lowest-paid 10% to $100,990 for the top 10%. That is 24% higher than the national median of $81,370. Pay here is 27% higher than the Kentucky statewide median of $79,830. There are 1.0 insurance underwriters per 1,000 jobs here — the job is 1.5× more common than nationally. The average (mean) salary is $90,840, close to the median.
Pay range for insurance underwriters in Lexington-Fayette, KY
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $56,620 | $27.22 |
| 25th percentile | $64,880 | $31.19 |
| Median | $100,990 | $48.55 |
| 75th percentile | $100,990 | $48.55 |
| 90th percentile (top earners) | $100,990 | $48.55 |
| Average (mean) | $90,840 | $43.67 |
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 | $8,415.83 |
| Semi-monthly (24 a year) | $4,207.92 |
| Biweekly (26 a year) | $3,884.23 |
| Weekly | $1,942.12 |
| Hourly | $48.55 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Buying a home? On a $100,990 salary, see how much house you can afford in Kentucky 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 |
|---|---|---|
| Cincinnati, OH-KY-IN | $82,110 | 1,690 |
| Louisville/Jefferson County, KY-IN | $76,450 | 430 |
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 Kentucky statewide figures.
Related jobs in Lexington-Fayette, KY
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $77,780 | $37.40 |
| Financial and Investment Analysts | $81,410 | $39.14 |
| Loan Officer | $63,760 | $30.66 |
| Tax Preparer | $38,510 | $18.52 |
| Personal Financial Advisor | $74,260 | $35.70 |
| Financial Examiner | $89,730 | $43.14 |
| Budget Analyst | $82,930 | $39.87 |
| Credit Counselor | $50,430 | $24.25 |
| Financial Risk Specialist | $78,820 | $37.90 |
| Credit Analyst | $84,140 | $40.45 |
| Financial Specialists, All Other | $77,400 | $37.21 |
| Project Management Specialist | $84,520 | $40.63 |
| Human Resources Specialist | $69,990 | $33.65 |
| Market Research Analysts and Marketing Specialists | $65,280 | $31.38 |
More: Business and Financial Operations Occupations · all salaries in Lexington-Fayette, KY
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 Lexington-Fayette, KY?
The median salary for insurance underwriters in the Lexington-Fayette, KY metro area is $100,990 a year, or $48.55 an hour. Pay ranges from $56,620 for the lowest-paid 10% to $100,990 for the top 10%.
How much do the highest-paid insurance underwriters make in Lexington-Fayette, KY?
The top 10% of insurance underwriters in the Lexington-Fayette, KY metro area earn at least $100,990 a year. The top 25% earn $100,990 or more.
What is the starting pay for insurance underwriters in Lexington-Fayette, KY?
Entry-level pay (the 10th percentile) is about $56,620 a year, and a quarter of insurance underwriters earn $64,880 or less.
How many insurance underwriters work in Lexington-Fayette, KY?
About 290 insurance underwriters are employed in the Lexington-Fayette, KY metro area, not counting the self-employed.