Insurance Underwriter salary in San Juan-Bayamon-Caguas, PR
Insurance Underwriters in the San Juan-Bayamon-Caguas, PR metro area earn a median of $46,990 a year ($22.59 an hour), based on BLS data for 840 workers.
Pay ranges from $22,970 for the lowest-paid 10% to $76,240 for the top 10%. That is 42% lower than the national median of $81,370. Pay here is about the same as the Puerto Rico statewide median of $46,990. 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 $48,760, above the median because a few high earners pull it up.
Pay range for insurance underwriters in San Juan-Bayamon-Caguas, PR
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $22,970 | $11.04 |
| 25th percentile | $35,800 | $17.21 |
| Median | $46,990 | $22.59 |
| 75th percentile | $56,970 | $27.39 |
| 90th percentile (top earners) | $76,240 | $36.65 |
| Average (mean) | $48,760 | $23.44 |
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 | $3,915.83 |
| Semi-monthly (24 a year) | $1,957.92 |
| Biweekly (26 a year) | $1,807.31 |
| Weekly | $903.65 |
| Hourly | $22.59 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Buying a home? On a $46,990 salary, see how much house you can afford at today's mortgage rates, or work out a payment with the mortgage calculator.
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 Puerto Rico statewide figures.
Related jobs in San Juan-Bayamon-Caguas, PR
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $44,470 | $21.38 |
| Loan Officer | $35,850 | $17.23 |
| Financial and Investment Analysts | $62,880 | $30.23 |
| Financial Examiner | $37,470 | $18.01 |
| Credit Analyst | $51,920 | $24.96 |
| Financial Specialists, All Other | $42,390 | $20.38 |
| Personal Financial Advisor | $49,450 | $23.77 |
| Tax Examiners and Collectors, and Revenue Agents | $43,740 | $21.03 |
| Budget Analyst | $50,260 | $24.17 |
| Tax Preparer | $47,590 | $22.88 |
| Financial Risk Specialist | $60,360 | $29.02 |
| Property Appraisers and Assessors | $35,420 | $17.03 |
| Credit Counselor | $50,010 | $24.04 |
| Business Operations Specialists, All Other | $46,990 | $22.59 |
More: Business and Financial Operations Occupations · all salaries in San Juan-Bayamon-Caguas, PR
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 San Juan-Bayamon-Caguas, PR?
The median salary for insurance underwriters in the San Juan-Bayamon-Caguas, PR metro area is $46,990 a year, or $22.59 an hour. Pay ranges from $22,970 for the lowest-paid 10% to $76,240 for the top 10%.
How much do the highest-paid insurance underwriters make in San Juan-Bayamon-Caguas, PR?
The top 10% of insurance underwriters in the San Juan-Bayamon-Caguas, PR metro area earn at least $76,240 a year. The top 25% earn $56,970 or more.
What is the starting pay for insurance underwriters in San Juan-Bayamon-Caguas, PR?
Entry-level pay (the 10th percentile) is about $22,970 a year, and a quarter of insurance underwriters earn $35,800 or less.
How many insurance underwriters work in San Juan-Bayamon-Caguas, PR?
About 840 insurance underwriters are employed in the San Juan-Bayamon-Caguas, PR metro area, not counting the self-employed.