Insurance Underwriter salary in Nashville-Davidson--Murfreesboro--Franklin, TN
Insurance Underwriters in the Nashville-Davidson--Murfreesboro--Franklin, TN metro area earn a median of $79,870 a year ($38.40 an hour), based on BLS data for 620 workers.
Pay ranges from $50,600 for the lowest-paid 10% to $123,230 for the top 10%. That is 2% lower than the national median of $81,370. Pay here is 1% higher than the Tennessee statewide median of $78,840. There are 0.56 insurance underwriters per 1,000 jobs here — close to the national average. The average (mean) salary is $83,870, above the median because a few high earners pull it up.
Pay range for insurance underwriters in Nashville-Davidson--Murfreesboro--Franklin, TN
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $50,600 | $24.33 |
| 25th percentile | $61,180 | $29.41 |
| Median | $79,870 | $38.40 |
| 75th percentile | $100,600 | $48.37 |
| 90th percentile (top earners) | $123,230 | $59.24 |
| Average (mean) | $83,870 | $40.32 |
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 | $6,655.83 |
| Semi-monthly (24 a year) | $3,327.92 |
| Biweekly (26 a year) | $3,071.92 |
| Weekly | $1,535.96 |
| Hourly | $38.40 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Buying a home? On a $79,870 salary, see how much house you can afford in Tennessee 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 |
|---|---|---|
| Chattanooga, TN-GA | $102,460 | 110 |
| Memphis, TN-MS-AR | $80,160 | 130 |
| Knoxville, TN | $73,880 | 150 |
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 Tennessee statewide figures.
Related jobs in Nashville-Davidson--Murfreesboro--Franklin, TN
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $78,080 | $37.54 |
| Financial and Investment Analysts | $97,490 | $46.87 |
| Loan Officer | $62,800 | $30.19 |
| Personal Financial Advisor | $91,040 | $43.77 |
| Financial Specialists, All Other | $71,280 | $34.27 |
| Credit Analyst | $78,410 | $37.70 |
| Budget Analyst | $86,530 | $41.60 |
| Tax Preparer | $48,080 | $23.12 |
| Property Appraisers and Assessors | $66,100 | $31.78 |
| Tax Examiners and Collectors, and Revenue Agents | $74,730 | $35.93 |
| Financial Examiner | $84,150 | $40.46 |
| Financial Risk Specialist | $95,250 | $45.79 |
| Credit Counselor | $58,480 | $28.12 |
| Human Resources Specialist | $67,380 | $32.39 |
More: Business and Financial Operations Occupations · all salaries in Nashville-Davidson--Murfreesboro--Franklin, TN
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 Nashville-Davidson--Murfreesboro--Franklin, TN?
The median salary for insurance underwriters in the Nashville-Davidson--Murfreesboro--Franklin, TN metro area is $79,870 a year, or $38.40 an hour. Pay ranges from $50,600 for the lowest-paid 10% to $123,230 for the top 10%.
How much do the highest-paid insurance underwriters make in Nashville-Davidson--Murfreesboro--Franklin, TN?
The top 10% of insurance underwriters in the Nashville-Davidson--Murfreesboro--Franklin, TN metro area earn at least $123,230 a year. The top 25% earn $100,600 or more.
What is the starting pay for insurance underwriters in Nashville-Davidson--Murfreesboro--Franklin, TN?
Entry-level pay (the 10th percentile) is about $50,600 a year, and a quarter of insurance underwriters earn $61,180 or less.
How many insurance underwriters work in Nashville-Davidson--Murfreesboro--Franklin, TN?
About 620 insurance underwriters are employed in the Nashville-Davidson--Murfreesboro--Franklin, TN metro area, not counting the self-employed.