Insurance underwriters salary in the UK
The median full-time salary for insurance underwriters in the UK is £41,610 (ONS, 2025). After tax and National Insurance at 2026/27 rates that is about £2,790 a month.
Pay range for insurance underwriters
This is the ONS occupation group "Insurance underwriters" (SOC 2020 code 3532). ONS figures for 2025 show that one in ten earn less than £26,990, a quarter earn less than £32,604 and half earn less than £41,610.
| Point in the pay range | Gross a year | Gross a month | Take-home a year | Take-home a month |
|---|---|---|---|---|
| 10th percentile | £26,990 | £2,249 | £22,952 | £1,913 |
| 25th percentile | £32,604 | £2,717 | £26,994 | £2,250 |
| Median (50th percentile) | £41,610 | £3,468 | £33,479 | £2,790 |
| 75th percentile | Not published | Not published | Not published | Not published |
| 90th percentile | Not published | Not published | Not published | Not published |
Take-home at England, Wales and Northern Ireland rates. Not published means ONS did not publish that figure because the estimate is not reliable enough. ONS rates the median for insurance underwriters as acceptable, so use it with caution: its sampling error (coefficient of variation) is 13%. ONS estimates about 22,000 full-time employee jobs in this occupation. ONS says job counts like this are indicative only.
Where insurance underwriters rank
The median for insurance underwriters ranks 118th of 362 occupations on this site, in the upper half, and 12th of 58 in associate professional occupations. It is £2,571 (6.6%) higher than the UK median of £39,039 for all full-time employee jobs. ONS change on the previous year: the median for insurance underwriters rose 14.1%, more than the 4.3% rise in the UK median for all full-time jobs. Only 23 of 358 occupations had a change this large in either direction. ONS figures for one occupation come from a sample, so they can move a lot from one year to the next.
Jobs with the nearest medians: Children's nurses (£41,963), Environmental health professionals (£41,725), Electrical service and maintenance mechanics and repairers (£41,662), Prison service officers (below principal officer) (£41,287), Air-conditioning and refrigeration installers and repairers (£41,166) and Business and related research professionals (£41,128).
How spread out pay is
ONS published the 25th percentile (£32,604) but not the 75th, so we cannot show the middle half of the range for insurance underwriters.
The mean for insurance underwriters (total pay divided by the number of employees) is £66,920, which is £25,310 (60.8%) higher than the median. When the mean is above the median, a smaller number of higher salaries are pulling the average up. For all UK full-time jobs the mean is 24.3% above the median, so the gap for insurance underwriters is larger.
Insurance underwriters and related jobs
Among these 4 jobs in the same ONS minor group, this one has the lowest median. The highest median among them is £60,575 (financial and accounting technicians) and the lowest £41,610 (insurance underwriters).
| Job | SOC code | Median salary | Take-home a month |
|---|---|---|---|
| Financial and accounting technicians | 3533 | £60,575 | £3,808 |
| Brokers | 3531 | £56,689 | £3,620 |
| Financial accounts managers | 3534 | £48,980 | £3,232 |
| Insurance underwriters | 3532 | £41,610 | £2,790 |
Take-home pay against all jobs
At the median, insurance underwriters take home about £2,790 a month, against £2,636 on the UK median for all jobs. Scotland has its own income tax bands, so take-home pay on the same salary is different there.
| Group | Median a year | Take-home a month | Take-home a month in Scotland |
|---|---|---|---|
| Insurance underwriters | £41,610 | £2,790 | £2,783 |
| All full-time employee jobs, UK | £39,039 | £2,636 | £2,631 |
Related pages
All jobs in the Associate professional occupations table, average salary by area, the take home pay calculator, salary to hourly calculator and pay rise calculator.
How this is worked out
Pay: ONS Annual Survey of Hours and Earnings (ASHE), 2025 provisional, SOC 2020 unit group 3532. Take-home: 2026/27 rates, tax code 1257L, no pension or student loan. How to read these figures.
Sources
- ASHE Table 14: earnings by occupation (4-digit SOC), 2025 provisional (ONS)
- ASHE Table 7: earnings by place of work, local authority, 2025 provisional (ONS)
- SOC 2020 Volume 1: structure and descriptions of unit groups (ONS)
- Income Tax rates and Personal Allowances (GOV.UK)
- Scottish Income Tax (GOV.UK)
- National Insurance: how much you pay (GOV.UK)
Figures checked on 12 October 2026. ONS plans to publish its next ASHE figures on 22 October 2026. Read how we calculate or tell us about a mistake.
Frequently asked questions
On the median full-time salary of £41,610, take-home pay is about £2,790 a month (£33,479 a year) after 2026/27 income tax and National Insurance, with tax code 1257L and no pension or student loan. In Scotland, where income tax is different, it is about £2,783 a month.
ONS figures for full-time jobs (2025) show that one in ten earn less than £26,990, a quarter earn less than £32,604 and half earn less than £41,610. ONS did not publish every point in the range because some estimates are not reliable enough.
Yes. The median for insurance underwriters is £41,610, which is £2,571 (6.6%) higher than the UK median of £39,039 for all full-time employee jobs (ONS, 2025). It ranks 118th of 362 occupations on this site.