Insurance Underwriter vs ESG Analyst: Which Pays More?

Side-by-side salary comparison by city, experience level, and career growth outlook. Data reflects current market rates.

National Median Salary Comparison
Insurance Underwriter
$81,370
ESG Analyst
$102,740
Higher Pay
Finance

Insurance Underwriter

Evaluate insurance applications and set policy terms and premiums.

National Median
$81,370/yr
Entry
$54,036
Mid
$97,453
Senior
$175,755
+5% demand/yr82% AI risk
Risk AssessmentActuarial MethodsInsurance LawExcel
Full Insurance Underwriter salary data โ†’
Higher Pay
Finance

ESG Analyst

Assess environmental, social, and governance factors in investment decisions.

National Median
$102,740/yr
Entry
$79,340
Mid
$128,930
Senior
$225,390
+35% demand/yr35% AI risk
ESG FrameworksGRITCFDFinancial Modelling
Full ESG Analyst salary data โ†’
Verdict

ESG Analyst earns more on average โ€” the national median is $21,370/year (26%) higher than a Insurance Underwriter. However, salaries vary significantly by city, employer, and experience level โ€” see the city-by-city breakdown below.

Insurance Underwriter vs ESG Analyst โ€” Salary by City

National median figures in USD across top cities.

CityInsurance UnderwriterESG AnalystDifference
San Francisco, CA$116,321$150,970Insurance $34,649
New York, NY$97,453$128,930Insurance $31,477
Seattle, WA$112,876$150,261Insurance $37,385
Austin, TX$91,022$111,571Insurance $20,549
Chicago, IL$86,961$112,333Insurance $25,372
Boston, MA$107,567$134,464Insurance $26,897
London, UKยฃ63,807ยฃ81,801Insurance $17,994
Toronto, CanadaCA$109,558CA$133,398Insurance $23,840
Pay Gap
26%
ESG Analyst earns more
Demand Growth
5% vs 35%
Insurance Underwriter vs ESG Analyst YoY
AI Risk
82% vs 35%
Insurance Underwriter vs ESG Analyst

Frequently Asked Questions

Does a Insurance Underwriter or ESG Analyst earn more?+

A ESG Analyst earns more on average. The national median salary for a Insurance Underwriter is $81,370/year, compared to $102,740/year for a ESG Analyst โ€” a difference of $21,370 (26%).

Which has better career growth โ€” Insurance Underwriter or ESG Analyst?+

Insurance Underwriter roles are growing at 5% YoY while ESG Analyst demand is growing at 35% YoY. ESG Analyst has stronger near-term demand growth.

Can you switch from Insurance Underwriter to ESG Analyst?+

Yes. Many professionals transition between these roles, especially since both are in the same category. Shared skills include: analytical thinking, communication, and industry knowledge.

Which is harder to automate โ€” Insurance Underwriter or ESG Analyst?+

ESG Analyst has a lower AI automation risk (35% vs 82%). Based on Oxford Martin School and McKinsey 2023 analysis.