Average Insurance Underwriters Salary in Orlando-Kissimmee-Sanford, FL
Insurance Underwriters in the Orlando-Kissimmee-Sanford, FL area earn an average annual salary of $89,190. This figure is slightly below the national average of $90,920, suggesting local market dynamics and demand play a significant role in compensation. While close to the national benchmark, the Orlando area's specific economic factors influence this pay scale.
Executive Summary
- Average Salary: $89,190 per year.
- Growth Trend: Salaries have shifted 33.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $137,690.
- Outlook: The Orlando-Kissimmee-Sanford metropolitan area supports a local workforce of 760 Insurance Underwriters. With a Location Quotient of 0.78, the concentration of these roles is slightly below the national average, indicating a moderately developed but not oversaturated market. The presence of 0.545 jobs per 1,000 workers suggests a steady, albeit not exceptionally high, demand for underwriting professionals in the region.
Salary Overview
The average Insurance Underwriters in Orlando-Kissimmee-Sanford, FL earns-1.9%below the national average.
$42.9
$1,715
$7,433
Insurance Underwriters Salary Trends (2020-2024)
While specific historical data for Orlando is not provided, the insurance industry nationally has seen consistent growth over the past four years, driven by evolving risk landscapes and economic expansion. It is reasonable to assume that salaries for Insurance Underwriters in Orlando-Kissimmee-Sanford have mirrored this trend, likely experiencing incremental increases as demand for skilled professionals persists and the cost of living adjusts.
Insurance Underwriters Salary Distribution in Orlando-Kissimmee-Sanford, FL
Salary progression for Insurance Underwriters in Orlando-Kissimmee-Sanford typically scales significantly with experience. Entry-level positions may start closer to the lower percentiles, while seasoned professionals with specialized knowledge and a proven track record can command salaries in the upper percentiles. The widening gap between entry-level and senior roles signifies clear career advancement opportunities and increased earning potential within the profession.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $50,000 | $24 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $66,893 | $32.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $78,220 | $37.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $111,488 | $53.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $137,690 | $66.2 |
Detailed Insurance Underwriters Market Analysis
Relocation Context
Nominal Salary
$89,190
Gross Pay
Real Wage (Purchasing Power)
$89,190
Adjusted for COL (100)
The average annual salary of $89,190 in Orlando-Kissimmee-Sanford aligns precisely with the national average cost of living index of 100. This means that the purchasing power of an Insurance Underwriter's salary in this region is comparable to the national average. Consequently, relocating professionals can expect their nominal earnings to translate directly into living expenses without significant deviation from the national standard.
Job Market Context
760
Total Jobs
0.545
Per 1K Jobs
0.78
Location Quotient
Orlando-Kissimmee-Sanford, FL has 0.78x the national average concentration of Insurance Underwriters jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
With a Location Quotient of 0.78, the Orlando-Kissimmee-Sanford market for Insurance Underwriters is less concentrated than the national average. This suggests that while the profession is established, there may be fewer specialized opportunities or a slightly lower density of underwriting roles compared to national hubs. This could imply a competitive environment for highly specialized positions but potentially more accessible roles for general underwriters.
Nearby Job Markets
Nearby Cities for Insurance Underwriters
| City | Salary | Dist. |
|---|---|---|
| Deltona-Daytona Beach-Ormond Beach, FL Insurance Underwriters Salary | $77,700↓ 13% | 27 mi |
| Lakeland-Winter Haven, FL Insurance Underwriters Salary | $81,990↓ 8% | 48 mi |
Comparing salaries near Orlando-Kissimmee-Sanford, FL
Hiring Insurance Underwriterss?
Frequently Asked Questions
How much does a Insurance Underwriters make in Orlando-Kissimmee-Sanford, FL?
The median annual salary for a Insurance Underwriters in Orlando-Kissimmee-Sanford, FL is $89,190. This typically ranges from $50,000 for entry-level positions to $137,690 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Orlando-Kissimmee-Sanford, FL is 1.9% lower than the national median of $90,920.
Is Orlando-Kissimmee-Sanford, FL a lucrative place for Insurance Underwriterss?
Moderately lucrative, with earnings near the national average.The average salary of $89,190 is very close to the national average, and the cost of living is also at the national average, indicating a stable earning potential. However, the slightly lower Location Quotient suggests it may not be a top-tier market for specialized or high-demand roles.
Is Orlando-Kissimmee-Sanford, FL a good place to live for Insurance Underwriters?
The Cost of Living Index in Orlando-Kissimmee-Sanford, FL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Orlando-Kissimmee-Sanford, FL?
Some top paying nearby cities include Deltona-Daytona Beach-Ormond Beach, FL ($77,700) and Lakeland-Winter Haven, FL.
How does the Orlando Insurance Underwriter salary compare to the national average?
The average annual salary for Insurance Underwriters in Orlando-Kissimmee-Sanford is $89,190, which is slightly below the national average of $90,920.
What is the cost of living in Orlando-Kissimmee-Sanford, FL?
The cost of living index for Orlando-Kissimmee-Sanford is 100, which is exactly the national average, meaning expenses are neither significantly higher nor lower than the typical U.S. city.
How concentrated is the Insurance Underwriter job market in Orlando?
The job market concentration, measured by the Location Quotient, is 0.78, indicating that Insurance Underwriters are slightly less prevalent in Orlando-Kissimmee-Sanford compared to the national average.
What is the total number of Insurance Underwriters in the Orlando area?
There are approximately 760 Insurance Underwriters employed within the Orlando-Kissimmee-Sanford metropolitan statistical area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 760 employees in the Orlando-Kissimmee-Sanford, FL area with a job density of 0.545 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Insurance Underwriters • Data source: BLS OEWS 2024 •Jobs in Orlando-Kissimmee-Sanford, FL