Insurance underwriters Salary Guide UK — 2025
Complete breakdown based on ONS ASHE official data
The median insurance underwriters salary in the UK is £38,666 per year, based on the 2025 Annual Survey of Hours and Earnings (ASHE) published by the Office for National Statistics. The mean salary is £61,693, reflecting the influence of higher earners on the average. The median hourly rate is £23.32.
Salaries vary significantly by region, from £27,258 in Wales to £36,171 in West Midlands. However, these differences narrow when adjusted for regional cost of living.
UK Median
£38,666
Annual
UK Mean
£61,693
Annual
Hourly Rate
£23.32
Median
UK Jobs
25
Regional Salary Breakdown
The "Adjusted" column shows purchasing power after accounting for regional cost of living (UK average = 100).
| Region | Median | Mean | CoL Adjusted |
|---|---|---|---|
| West Midlands | £36,171 | £44,482 | £39,531 |
| North West | £34,271 | £40,120 | £37,578 |
| Wales | £27,258 | £31,798 | £30,287 |
Frequently Asked Questions
What is the average insurance underwriters salary in the UK?
The median insurance underwriters salary in the UK is £38,666 per year (ONS ASHE 2025). The mean salary is £61,693, which is higher due to top earners.
Which region pays insurance underwriters the most?
West Midlands pays the highest insurance underwriters salaries with a median of £36,171.
How does insurance underwriters pay vary by region?
Insurance underwriters salaries range from £27,258 in Wales to £36,171 in West Midlands.
Are insurance underwriters salaries rising?
Year-on-year comparison data is not yet available.
What is the typical hourly rate for insurance underwriters?
The median hourly rate for insurance underwriters in the UK is £23.32 (ONS ASHE 2025).
About this data
All salary figures in this guide are from the ONS Annual Survey of Hours and Earnings (ASHE) 2025. Cost-of-living adjustments use ONS Regional Price Parities. Read our methodology. View data sources.