Insurance Underwriter Salary
in Grand Rapids, MI
Evaluate insurance applications and determine coverage terms and premiums. Median salary in Grand Rapids: $70K/year. Data from BLS, O*NET, and H-1B disclosures.
Salary range in Grand Rapids
Source: BLS OES 2026, H-1B DOL Disclosures Q1 2026. Figures represent annual base salary in Grand Rapids, Michigan.
Key facts for Grand Rapids
Salary forecast: Grand Rapids Insurance Underwriter to 2030
Based on BLS 2022–2032 Employment Projections and WEF Future of Jobs Report 2025. At current growth rates, median salary reaches $70K by 2030.
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Insurance Underwriter Salary in Grand Rapids, Michigan: Complete Guide (2026)
The median Insurance Underwriter salary in Grand Rapids, MI is $70,000 per year as of Q1 2025. This figure represents the midpoint of all reported compensation for this role in the Grand Rapids–MI metropolitan area, based on data from the Bureau of Labor Statistics Occupational Employment Statistics, H-1B visa disclosures from the Department of Labor, and O*NET occupational data.
Salary range for Insurance Underwriter in Grand Rapids
Entry-level Insurance Underwriters in Grand Rapids with 0–2 years of experience typically earn between $52,000 and $70,000 annually. Mid-career professionals with 3–7 years command $70,000 to $92,000, while senior-level practitioners with 8+ years of experience regularly earn $92,000 to $119,000 or more.
Cost of living in Grand Rapids for Insurance Underwriters
Grand Rapids has a cost of living index of 90 compared to the US national average of 100. This means your salary goes approximately 10% further in Grand Rapids than the national average. Michigan has a 4.25% state income tax rate.
Education requirements for Insurance Underwriter
Bachelor's in Finance or Business; CPCU designation. 50% of these roles offer some remote flexibility.