Commercial lines underwriter demographics and statistics in the US
Commercial lines underwriter demographics research summary. Zippia estimates commercial lines underwriter demographics and statistics in the United States by using a database of 30 million profiles. Our commercial lines underwriter estimates are verified against BLS, Census, and current job openings data for accuracy. Zippia's data science team found the following key facts about commercial lines underwriters after extensive research and analysis:
- There are over 12,251 commercial lines underwriters currently employed in the United States.
- 56.9% of all commercial lines underwriters are women, while 43.1% are men.
- The average commercial lines underwriter age is 44 years old.
- The most common ethnicity of commercial lines underwriters is White (72.1%), followed by Hispanic or Latino (10.1%), Black or African American (9.2%) and Asian (5.8%).
- In 2022, women earned 96% of what men earned.
- 9% of all commercial lines underwriters are LGBT.
- Commercial lines underwriters are 80% more likely to work at private companies in comparison to public companies.
On this page
Commercial lines underwriter demographics by:
Commercial lines underwriter gender statistics
56.9% of commercial lines underwriters are women and 43.1% of commercial lines underwriters are men.
- Female, 56.9%
- Male, 43.1%
Commercial lines underwriter gender ratio
| Gender | Percentages |
|---|---|
| Female | 56.9% |
| Male | 43.1% |
Commercial lines underwriter gender pay gap
Women earn 96¢ for every $1 earned by men
Male income
$69,760
Female income
$67,292
Commercial lines underwriter gender ratio over time
This data breaks down the percentage of men and women in commercial lines underwriter positions over time. Currently, 56.9% of commercial lines underwriters are female.
Commercial lines underwriter gender ratio by year
| Year | Male | Female |
|---|---|---|
| 2010 | 34.09% | 65.91% |
| 2011 | 37.64% | 62.36% |
| 2012 | 36.20% | 63.80% |
| 2013 | 39.26% | 60.74% |
| 2014 | 38.33% | 61.67% |
| 2015 | 41.21% | 58.79% |
| 2016 | 42.40% | 57.60% |
| 2017 | 40.26% | 59.74% |
| 2018 | 42.34% | 57.66% |
| 2019 | 46.72% | 53.28% |
| 2020 | 40.23% | 59.77% |
| 2021 | 43.14% | 56.86% |
Commercial lines underwriter related jobs gender ratio
We compared commercial lines underwriters with similar job titles to see how gender ratios vary. As you can see, renewable energy system finance specialist and chartered finance analyst have the biggest gender ratio gaps.
| Job title | Male | Female |
|---|---|---|
| Escrow Officer | 15% | 85% |
| Customs Verifier | 20% | 80% |
| Credit Assistant | 20% | 80% |
| Commercial Lines Underwriter | 43% | 57% |
| Head Analyst | 86% | 14% |
| Chartered Finance Analyst | 90% | 10% |
| Renewable Energy System Finance Specialist | 92% | 8% |
Male
Female
100%
75%
50%
25%
0%
0%
25%
50%
75%
100%
Commercial lines underwriter demographics by race
The most common ethnicity among commercial lines underwriters is White, which makes up 72.1% of all commercial lines underwriters. Comparatively, 10.1% of commercial lines underwriters are Hispanic or Latino and 9.2% of commercial lines underwriters are Black or African American.
- White, 72.1%
- Hispanic or Latino, 10.1%
- Black or African American, 9.2%
- Asian, 5.8%
- Unknown, 2.5%
- American Indian and Alaska Native, 0.3%
Commercial lines underwriter race
| Commercial lines underwriter race | Percentages |
|---|---|
| White | 72.1% |
| Hispanic or Latino | 10.1% |
| Black or African American | 9.2% |
| Asian | 5.8% |
| Unknown | 2.5% |
| American Indian and Alaska Native | 0.3% |
Commercial lines underwriter race and ethnicity over time
See how commercial lines underwriter racial and ethnic diversity trended since 2010 according to the United States Census Bureau data.
Commercial lines underwriter race and ethnicity by year
| Year | White | Black or African American | Asian | Hispanic or Latino |
|---|---|---|---|---|
| 2010 | 73.92% | 9.74% | 5.60% | 8.90% |
| 2011 | 73.48% | 10.92% | 4.70% | 9.08% |
| 2012 | 71.80% | 10.67% | 6.14% | 10.13% |
| 2013 | 73.26% | 10.40% | 6.17% | 8.07% |
| 2014 | 72.69% | 11.39% | 4.70% | 9.46% |
| 2015 | 71.21% | 11.26% | 5.52% | 10.09% |
| 2016 | 70.12% | 11.89% | 5.11% | 10.71% |
| 2017 | 70.98% | 8.89% | 7.82% | 10.39% |
| 2018 | 71.60% | 8.97% | 7.24% | 10.21% |
| 2019 | 70.76% | 10.26% | 6.58% | 10.12% |
| 2020 | 69.26% | 10.33% | 5.36% | 11.42% |
| 2021 | 72.13% | 9.16% | 5.78% | 10.06% |
Commercial lines underwriter wage gap by race
According to our data, unknown commercial lines underwriters have the highest average salary compared to other ethnicities. Black or african american commercial lines underwriters have the lowest average salary at $64,231.
| Ethnicity | Salary |
|---|---|
| Unknown | $73,387 |
| White | $71,379 |
| Black or African American | $64,231 |
| Asian | $71,105 |
| Hispanic or Latino | $69,057 |
Average commercial lines underwriter age
See how the average age of commercial lines underwriters varies based on ethnicity and gender.
Male
Female
Commercial lines underwriter age by race and gender
| Race | Male age | Female age |
|---|---|---|
| Unknown | 45 | |
| White | 38 | 47.5 |
| Black or African American | 45.5 | 50.5 |
| Asian | 38 | 41 |
| Hispanic or Latino | 40.5 | 47.5 |
Commercial lines underwriter age breakdown
The average age of commercial lines underwriters is 40+ years years old, representing 61% of the commercial lines underwriter population.
Commercial lines underwriter age breakdown
| Commercial Lines Underwriter Years | Percentages |
|---|---|
| 40+ years | 61% |
| 30-40 years | 27% |
| 20-30 years | 11% |
Commercial lines underwriter educational attainment
The most common degree for commercial lines underwriters is bachelor's degree, with 77% of commercial lines underwriters earning that degree. The second and third most common degree levels are associate degree degree at 12% and associate degree degree at 6%.
- Bachelor's, 77%
- Associate, 12%
- Master's, 6%
- High School Diploma, 4%
- Other Degrees, 1%
Commercial lines underwriters by degree level
| Commercial lines underwriter degree | Percentages |
|---|---|
| Bachelor's | 77% |
| Associate | 12% |
| Master's | 6% |
| High School Diploma | 4% |
| Other Degrees | 1% |
Commercial lines underwriter jobs you might like
Commercial lines underwriter wage gap by degree level
According to the data, commercial lines underwriters with a Master's degree earn more than those without, at $89,884 annually. With a Bachelor's degree, commercial lines underwriters earn a median annual income of $75,855 compared to $57,689 for commercial lines underwriters with an Associate degree.
| Education | Salary |
|---|---|
| Master's Degree | $89,884 |
| High School Diploma or Less | $56,021 |
| Bachelor's Degree | $75,855 |
| Some College/ Associate Degree | $57,689 |
Commercial lines underwriter employment statistics
Most commercial lines underwriters work for a private in the insurance industry.
Company size where commercial lines underwriters work
Below, you can see the size of companies where commercial lines underwriters work.
Commercial lines underwriter jobs by employer size
| Company size | Percentages |
|---|---|
| < 50 employees | 6% |
| 50 - 100 employees | 21% |
| 100 - 500 employees | 27% |
| 500 - 1,000 employees | 13% |
| 1,000 - 10,000 employees | 23% |
| > 10,000 employees | 10% |
Commercial lines underwriter jobs by company type
Employees with the commercial lines underwriter job title have their preferences when it comes to working for a company. For instance, most commercial lines underwriters prefer to work at private companies over public companies.
Commercial lines underwriter jobs by sector
| Company type | Percentages |
|---|---|
| Education | 0% |
| Public | 19% |
| Private | 80% |
| Government | 1% |
Commercial lines underwriter jobs by industry
The most common industries for commercial lines underwriters are insurance, finance and manufacturing.
Commercial lines underwriter industry statistics
| Industry | Percentages |
|---|---|
| Insurance | 64% |
| Fortune 500 | 8% |
| Finance | 6% |
| Manufacturing | 3% |
| Retail | 3% |
| Media | 2% |
| Professional | 2% |
| Technology | 2% |
| Internet | 1% |
| Hospitality | 1% |
| Transportation | 1% |
| Government | 1% |
| Automotive | 1% |
| Utilities | 1% |
| Construction | 1% |
| Health Care | 1% |
| Start-up | 1% |
| Non Profits | 1% |
| Real Estate | 1% |
Commercial lines underwriter turnover and employment statistics
Commercial lines underwriter unemployment rate over time
The unemployment rate for commercial lines underwriters between 2008 and the most recent data has varied, according to the Bureau of Labor Statistics.
Commercial lines underwriter unemployment rate by year
| Year | Commercial lines underwriter unemployment rate |
|---|---|
| 2010 | 3.82% |
| 2011 | 3.75% |
| 2012 | 3.22% |
| 2013 | 3.64% |
| 2014 | 2.32% |
| 2015 | 1.60% |
| 2016 | 1.56% |
| 2017 | 2.16% |
| 2018 | 1.88% |
| 2019 | 1.22% |
| 2020 | 1.67% |
| 2021 | 2.13% |
Average commercial lines underwriter tenure
The average commercial lines underwriter stays at their job for 1-2 years, based on the 1,460 commercial lines underwriters resumes in Zippia's database.
Commercial lines underwriter tenure statistics
| Number of years | Percentages |
|---|---|
| Less than 1 year | 9% |
| 1-2 years | 32% |
| 3-4 years | 19% |
| 5-7 years | 20% |
| 8-10 years | 7% |
| 11+ years | 13% |
Commercial lines underwriter LGBT ratio compared to similar jobs
Review the percent of commercial lines underwriters that are members of the LGBT community. You can see how this compares to similar jobs in the chart below.
| Job title | LGBT | Job openings |
|---|---|---|
| Summer Analyst | 7.33% | 44,912 |
| Finance Auditor | 7.40% | 92,192 |
| Tax Collection Coordinator | 7.56% | 42,263 |
| Tax Collector | 7.65% | 29,495 |
| Commercial Lines Underwriter | 8.77% | - |
| Budget Counselor | 12.94% | 27,963 |
| Payroll Examiner | 19.38% | 7,896 |
Similar commercial lines underwriter jobs LGBT demographics
| Profession | Percentages of LGBT | Job openings |
|---|---|---|
| Summer Analyst | 7.33% | 44,912 |
| Finance Auditor | 7.40% | 92,192 |
| Tax Collection Coordinator | 7.56% | 42,263 |
| Tax Collector | 7.65% | 29,495 |
| Budget Counselor | 12.94% | 27,963 |
| Payroll Examiner | 19.38% | 7,896 |
Foreign languages spoken by commercial lines underwriters
The most common foreign language among commercial lines underwriters is Spanish at 52.9%. The second-most popular foreign language spoken is Carrier at 20.6% and French is the third-most popular at 5.9%.
- Spanish, 52.9%
- Carrier, 20.6%
- French, 5.9%
- Lakota, 2.9%
- Bulgarian, 2.9%
- Other, 14.8%
Commercial lines underwriter languages spoken
| Foreign language | Percentages |
|---|---|
| Spanish | 52.9% |
| Carrier | 20.6% |
| French | 5.9% |
| Lakota | 2.9% |
| Bulgarian | 2.9% |
| Other | 14.8% |
