Insurance Underwriter salary in Montgomery, AL
Insurance Underwriters in the Montgomery, AL metro area earn a median of $57,400 a year ($27.60 an hour), based on BLS data for 200 workers.
Pay ranges from $37,100 for the lowest-paid 10% to $114,920 for the top 10%. That is 29% lower than the national median of $81,370. Pay here is 8% lower than the Alabama statewide median of $62,220. There are 1.2 insurance underwriters per 1,000 jobs here — the job is 1.8× more common than nationally. The average (mean) salary is $69,460, above the median because a few high earners pull it up.
Pay range for insurance underwriters in Montgomery, AL
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $37,100 | $17.84 |
| 25th percentile | $50,990 | $24.51 |
| Median | $57,400 | $27.60 |
| 75th percentile | $78,540 | $37.76 |
| 90th percentile (top earners) | $114,920 | $55.25 |
| Average (mean) | $69,460 | $33.39 |
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 | $4,783.33 |
| Semi-monthly (24 a year) | $2,391.67 |
| Biweekly (26 a year) | $2,207.69 |
| Weekly | $1,103.85 |
| Hourly | $27.60 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Buying a home? On a $57,400 salary, see how much house you can afford in Alabama 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 |
|---|---|---|
| Birmingham, AL | $66,000 | 640 |
| Decatur, AL | $57,850 | n/a |
| Mobile, AL | $56,660 | 130 |
| Daphne-Fairhope-Foley, AL | $43,540 | 40 |
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 Alabama statewide figures.
Related jobs in Montgomery, AL
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $75,040 | $36.08 |
| Loan Officer | $63,510 | $30.53 |
| Tax Examiners and Collectors, and Revenue Agents | $64,140 | $30.84 |
| Personal Financial Advisor | $85,890 | $41.29 |
| Budget Analyst | $65,170 | $31.33 |
| Financial Specialists, All Other | $94,520 | $45.44 |
| Financial Examiner | $105,180 | $50.57 |
| Property Appraisers and Assessors | $90,800 | $43.65 |
| Financial and Investment Analysts | $61,050 | $29.35 |
| Human Resources Specialist | $64,140 | $30.84 |
| Business Operations Specialists, All Other | $89,320 | $42.94 |
| Buyers and Purchasing Agents | $65,060 | $31.28 |
| Market Research Analysts and Marketing Specialists | $61,240 | $29.44 |
| Claims Adjusters, Examiners, and Investigators | $71,710 | $34.48 |
More: Business and Financial Operations Occupations · all salaries in Montgomery, AL
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 Montgomery, AL?
The median salary for insurance underwriters in the Montgomery, AL metro area is $57,400 a year, or $27.60 an hour. Pay ranges from $37,100 for the lowest-paid 10% to $114,920 for the top 10%.
How much do the highest-paid insurance underwriters make in Montgomery, AL?
The top 10% of insurance underwriters in the Montgomery, AL metro area earn at least $114,920 a year. The top 25% earn $78,540 or more.
What is the starting pay for insurance underwriters in Montgomery, AL?
Entry-level pay (the 10th percentile) is about $37,100 a year, and a quarter of insurance underwriters earn $50,990 or less.
How many insurance underwriters work in Montgomery, AL?
About 200 insurance underwriters are employed in the Montgomery, AL metro area, not counting the self-employed.