Insurance Underwriters vs Personal Financial Advisors: Salary Comparison (2024)
Side-by-side salary comparison using 2024 Bureau of Labor Statistics data.
Which Career Pays More?
Personal Financial Advisors professionals earn $22,260 more per year than Insurance Underwriters professionals — that's 27.9% higher.
Salary Range Comparison
Insurance Underwriters$51,640 – $138,020
Personal Financial Advisors$49,990 – N/A
$49,990$138,020
Detailed Salary Comparison
| Percentile | Insurance Underwriters | Personal Financial Advisors | Difference |
|---|---|---|---|
| 10th Percentile | $51,640 | $49,990 | +$1,650 |
| 25th Percentile | $63,070 | $70,620 | $-7,550 |
| Median (50th) | $79,880 | $102,140 | $-22,260 |
| 75th Percentile | $104,820 | $172,540 | $-67,720 |
| 90th Percentile | $138,020 | N/A | N/A |
| Mean (Average) | $90,830 | $160,210 | $-69,380 |
Employment Numbers
Insurance Underwriters
107,820
employed nationwide
Personal Financial Advisors
270,480
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 Personal Financial Advisors
| City | Median |
|---|---|
| New York-Newark-Jersey City, NY-NJ-PA | $168,350 |
| San Francisco-Oakland-Berkeley, CA | $157,510 |
| San Diego-Chula Vista-Carlsbad, CA | $128,400 |
| Sacramento-Roseville-Folsom, CA | $126,690 |
| San Jose-Sunnyvale-Santa Clara, CA | $126,480 |
Frequently Asked Questions
Who earns more: Insurance Underwriters or Personal Financial Advisors?
Personal Financial Advisors professionals earn more, with a median salary difference of $22,260 (27.9% 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 Personal Financial Advisors?
Personal Financial Advisors salaries range from $49,990 (10th percentile) to N/A (90th percentile), with a median of $102,140.
How many Insurance Underwriters and Personal Financial Advisors jobs are there?
There are approximately 107,820 Insurance Underwriters positions and 270,480 Personal Financial Advisors positions nationwide according to 2024 BLS data.
Is it worth switching from Personal Financial Advisors to Insurance Underwriters?
Career decisions depend on many factors beyond salary. Insurance Underwriters has a median salary of $79,880 while Personal Financial Advisors earns $102,140. 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