Insurance Underwriters vs Management Analysts: Salary Comparison (2024)
Side-by-side salary comparison using 2024 Bureau of Labor Statistics data.
Which Career Pays More?
Management Analysts professionals earn $21,310 more per year than Insurance Underwriters professionals — that's 26.7% higher. At the 90th percentile, Insurance Underwriters earns $138,020 compared to $174,140 for Management Analysts.
Salary Range Comparison
Insurance Underwriters$51,640 – $138,020
Management Analysts$59,720 – $174,140
$51,640$174,140
Detailed Salary Comparison
| Percentile | Insurance Underwriters | Management Analysts | Difference |
|---|---|---|---|
| 10th Percentile | $51,640 | $59,720 | $-8,080 |
| 25th Percentile | $63,070 | $76,770 | $-13,700 |
| Median (50th) | $79,880 | $101,190 | $-21,310 |
| 75th Percentile | $104,820 | $133,140 | $-28,320 |
| 90th Percentile | $138,020 | $174,140 | $-36,120 |
| Mean (Average) | $90,830 | $114,710 | $-23,880 |
Employment Numbers
Insurance Underwriters
107,820
employed nationwide
Management Analysts
893,900
employed nationwide
Top Paying Cities
Best Cities for Insurance Underwriters
| City | Median |
|---|---|
| Denver-Aurora-Lakewood, CO | $106,380 |
| Boston-Cambridge-Nashua, MA-NH | $103,270 |
| Chicago-Naperville-Elgin, IL-IN-WI | $98,860 |
| Seattle-Tacoma-Bellevue, WA | $98,500 |
| Hartford-East Hartford-Middletown, CT | $98,400 |
Best Cities for Management Analysts
| City | Median |
|---|---|
| San Jose-Sunnyvale-Santa Clara, CA | $141,150 |
| Boston-Cambridge-Nashua, MA-NH | $134,580 |
| Seattle-Tacoma-Bellevue, WA | $129,900 |
| San Francisco-Oakland-Berkeley, CA | $128,120 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV | $125,820 |
Frequently Asked Questions
Who earns more: Insurance Underwriters or Management Analysts?
Management Analysts professionals earn more, with a median salary difference of $21,310 (26.7% higher) as of 2024 BLS data.
What is the salary range for Insurance Underwriters?
Insurance Underwriters salaries range from $51,640 (10th percentile) to $138,020 (90th percentile), with a median of $79,880.
What is the salary range for Management Analysts?
Management Analysts salaries range from $59,720 (10th percentile) to $174,140 (90th percentile), with a median of $101,190.
How many Insurance Underwriters and Management Analysts jobs are there?
There are approximately 107,820 Insurance Underwriters positions and 893,900 Management Analysts positions nationwide according to 2024 BLS data.
Is it worth switching from Management Analysts to Insurance Underwriters?
Career decisions depend on many factors beyond salary. Insurance Underwriters has a median salary of $79,880 while Management Analysts earns $101,190. Consider job satisfaction, growth prospects, required education, and work-life balance.
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Data verified March 2026 · Source: U.S. Bureau of Labor Statistics OEWS