How to Become a Insurance Underwriters in Michigan
Insurance Underwriters in Michigan earn a median salary of $77,060/year, which is 4% below the national average. Michigan has a state income tax of ~4.2%. After taxes and rent, a insurance underwriters takes home approximately $3,532/month. Most positions require Bachelor's degree.
What a insurance underwriters can afford in Michigan
Becoming a insurance underwriters in Michigan
Meet education requirements
Insurance Underwriters positions in Michigan typically require Bachelor's degree. Programs are available at colleges and training institutions across Michigan. Research accredited programs in your area.
Gain required experience
Many insurance underwriters positions in Michigan require hands-on experience through internships, apprenticeships, or entry-level roles. Look for training programs and mentorship opportunities in your metro area.
Obtain Michigan licensure or certification
Michigan may require specific licensing or professional certification for insurance underwriterss. Requirements vary by state — contact the Michigan Department of Labor or relevant licensing board for current requirements, exam schedules, and application procedures.
Find positions in Michigan
Michigan employs 2,550 insurance underwriters. The highest concentrations are in Grand Rapids-Wyoming-Kentwood and Detroit-Warren-Dearborn.
Insurance Underwriters salary by metro area in Michigan
| Metro area | Median | Hourly | Employment |
|---|---|---|---|
| Grand Rapids-Wyoming-Kentwood | $81K | $38.9/hr | 320 |
| Detroit-Warren-Dearborn | $77K | $37.08/hr | 1,030 |
| Lansing-East Lansing | $70K | $33.44/hr | 480 |
| Traverse City | $63K | $30.1/hr | 70 |
Insurance Underwriters salary range in Michigan
Insurance Underwriters careers in other states
Frequently asked questions
How much does a insurance underwriters make in Michigan?▼
The median insurance underwriters salary in Michigan is $77,060 per year ($37.05/hr). This is 4% below the national median of $79,880. Salaries range from $49,270 to $114,790.
What are the requirements to become a insurance underwriters in Michigan?▼
Insurance Underwriters positions in Michigan typically require Bachelor's degree. Michigan may have specific licensing or certification requirements. Check with the Michigan licensing board or department of labor for current requirements.
Can a insurance underwriters afford to live in Michigan?▼
At the median salary of $77,060, a insurance underwriters in Michigan would take home approximately $4,944/month after taxes. With median 2-bedroom rent at $1,412/month, that's 28.6% of take-home pay going to housing. This is within the recommended 30% guideline.
What are the best cities for insurance underwriters in Michigan?▼
The highest paying metro areas for insurance underwriters in Michigan are Grand Rapids-Wyoming-Kentwood ($80,920), Detroit-Warren-Dearborn ($77,120), Lansing-East Lansing ($69,550). However, cost of living varies significantly between metros — a higher salary may not mean more purchasing power.
Does Michigan have state income tax for insurance underwriters?▼
Yes, Michigan has a state income tax rate of approximately 4.2%. On a $77,060 salary, this means roughly $3,275/year in state income tax. Use our take-home pay calculator for a detailed breakdown.