Insurance Underwriter Salary in Wales
Official ONS earnings for Wales.
Median salary — Wales
£27,258
gross, per year, all employees
▼ 3.8% change on the previous year
Mean
£31,798
What a typical insurance underwriter takes home
On the median of £27,258, 2026/27 tax year, England, Wales and Northern Ireland rates, no pension or student loan.
Take-home a month
£1,929
Take-home a year
£23,145
Income Tax
£2,938
National Insurance
£1,175
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 Wales?
The median is £27,258 a year and the mean is £31,798, according to the ONS Annual Survey of Hours and Earnings. Those cover all employees; ASHE publishes no full-time split at regional level.
How much does a insurance underwriter earn per hour?
Across the UK the median hourly rate is £23.32 excluding overtime, or £23.58 for full-time employees. ASHE publishes hourly pay by occupation nationally only, so there is no separate rate for Wales.
Do insurance underwriters in Wales earn more than the UK average?
The median in Wales is £27,258 against £38,666 across the UK, 29.5% lower.
Has insurance underwriter pay gone up in the last year?
ASHE puts the year-on-year change in the median at -3.8% for this occupation in Wales. That compares the latest survey with the one before it and is not adjusted for inflation.
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.
Similar roles
Official figures show the market. Your salary shows what employers actually pay.
Add your salary anonymously