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UK salary report · 2026

Insurance Underwriter Salary

Official ONS earnings for the UK, covering 25,000 jobs.

ONS Annual Survey of Hours and Earnings Where this comes from →

Median salary

£38,666

gross, per year

▲ 11% change on the previous year

Mean

£61,693

Jobs measured

25,000

The full pay range

Each bar is the salary at that percentile — the 25th means a quarter of insurance underwriters earn less than this.

10th
£25,177
20th
£28,368
25th
£30,186
30th
£32,504
40th
£35,968
50th
£38,666
60th
£46,682
70th
£57,003
Check where your salary sits

Insurance Underwriter salary by region

3 of 11 GB regions have a published figure for this occupation.

Region Median Mean
West Midlands £36,171 £44,482
North West £34,271 £40,120
Wales £27,258 £31,798

Where this figure comes from

ONS occupation group
Insurance underwriters
SOC 2020 code
3532
Measure
Gross annual pay, all employees
Edition
ONS Annual Survey of Hours and Earnings, 2025 provisional

Source: Office for National Statistics, Annual Survey of Hours and Earnings. Contains public sector information licensed under the Open Government Licence v3.0. Figures are estimates from a survey of PAYE jobs and are not financial advice.

Insurance Underwriter salary FAQs

What is the average Insurance Underwriter salary in UK?

The median is £38,666 a year and the mean is £61,693, according to the ONS Annual Survey of Hours and Earnings.

Is this figure official?

Yes. It comes from the ONS Annual Survey of Hours and Earnings, an accredited official statistic based on employer PAYE records, covering 25,000 jobs in this occupation.

Official figures show the market. Your salary shows what employers actually pay.

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